Form: 8-K

Current report filing

November 6, 1996

PRESS RELEASE DATED 10/30/96

Published on November 6, 1996



EXHIBIT 99.1

[LETTERHEAD OF CENTRAL GARDEN & PET]

Corporate Office
3696 Mt. Diablo Blvd., Suite 310
Lafayette, CA 94549
(510) 283-4573
(510) 283-4984
FOR IMMEDIATE RELEASE
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Contact: Gregory Reams
Central Garden & Pet
510/283-4573

Paul Verbinnen/Debbie Miller
Sard Verbinnen & Co
212/687-8080

CENTRAL GARDEN & PET COMPANY ANNOUNCES
PROPOSED PRIVATE PLACEMENT OF
CONVERTIBLE SUBORDINATED NOTES DUE 2003

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LAFAYETTE, CA, October 30, 1996 --- Central Garden & Pet Company (NASDAQ: CENT)
announced today that it is proposing to offer in a private placement
$100,000,000 aggregate principal amount of Convertible Subordinated Notes (plus
up to an additional $15,000,000 to cover over-allotments, if any).

The net proceeds of the offering will be used for repayment of short-
and long-term indebtedness and for potential acquisitions and general corporate
purposes, including the pending acquisition of the United States and Canada flea
and tick business of Sandoz Agro, Inc.

The Convertible Subordinated Notes due 2003 have not been registered
under the United States Securities Act of 1933 and may not be offered or sold in
the United States absent registration or an applicable exemption from
registration requirements. The issuance of the Notes has been structured to
allow secondary market trading under Rule 144A under the Securities Act of 1933.

Central Garden & Pet Company is the leading national distributor of
lawn, garden and pet supply products.

This press release does not constitute an offer to sell or the
solicitation of an offer to buy any security and shall not constitute an offer,
solicitation or sale of any securities in any jurisdiction in which such
offering sold would be unlawful.

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