MWI Veterinary Supply Announces Pricing of Initial Public Offering

August 3, 2005

NEW YORK, August 3, 2005 — MWI Veterinary Supply, Inc. announced today the pricing of an initial public offering of 4,333,334 shares of its common stock, all of which were offered by the Company, at $17.00 per share. The shares have been listed on the Nasdaq National Market under the symbol “MWIV.” Banc of America Securities LLC served as the book running manager and William Blair & Company, LLC and Piper Jaffray & Co. acted as co-managers for the offering. MWI Veterinary Supply has agreed to sell up to an additional 650,000 shares of common stock to the underwriters to cover over-allotments, if any.

MWI was acquired in June 2002 by Bruckmann, Rosser, Sherrill & Co. II L.P. (“BRS) and management, and is a leading distributor of animal health products to veterinarians across the United States. MWI distributes more than 10,000 products from over 350 vendors to more than 14,000 veterinary practices nationwide. The products MWI sells include pharmaceuticals, vaccines, parasiticides, diagnostics, capital equipment, supplies, veterinary pet food and nutritional products.

BRS is a New York based private equity investment firm with approximately $1.2 billion under management. BRS was founded in 1995 and has since invested in over 25 companies in the following industries: restaurants, consumer goods, specialty retail, recreation/leisure, apparel, home furnishings, industrial and commercial services, commercial equipment manufacturing, wholesale distribution and healthcare services. BRS makes leveraged buyout, recapitalization and growth capital investments in companies with superior management, predictable cash flow, strong market share and growth potential. All management teams of BRS companies are equity investors in their businesses.


Paul Kaminski – Bruckmann, Rosser, Sherrill & Co., 212-521-3700