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HD Supply Holdings, Inc. Announces Secondary Public Offering Of Common Stock

ATLANTA, April 29, 2014 (GLOBE NEWSWIRE) -- HD Supply Holdings, Inc. (Nasdaq:HDS) (the "Company), the indirect parent of HD Supply, Inc., today announced that certain of its stockholders (the "Selling Stockholders") intend to offer for sale in an underwritten secondary offering approximately 30,000,000 shares of the Company's common stock pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the "SEC"). The Selling Stockholders also intend to grant the underwriters an option to purchase up to an additional 4,500,000 shares of common stock. The Selling Stockholders will receive all the proceeds in this offering. The Company will not receive any proceeds from the sale of common stock by the selling stockholders.

BofA Merrill Lynch, Barclays, Credit Suisse, and J.P. Morgan are acting as bookrunners and representatives of the underwriters for the offering. Additional bookrunners are Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co., Morgan Stanley, UBS Investment Bank, and Wells Fargo Securities. Baird, William Blair, Raymond James, BB&T Capital Markets, SunTrust Robinson Humphrey, Drexel Hamilton, and Guzman & Company are acting as co-managers for the offering.

Copies of the preliminary prospectus may be obtained from: BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York, NY 10038, email: dg.prospectus_requests@baml.com; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, (888) 603-5847, email: barclaysprospectus@broadridge.com; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, (800) 221-1037, email: newyork.prospectus@credit-suisse.com; and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, NY 11717, (866) 803-9204.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these shares in any state in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any state.

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