Company (Nasdaq: TSCO), the largest retail farm and ranch store chain in

the United States, today announced that Jim Wright, its Chairman, President

and Chief Executive Officer, has established a plan to exercise stock

options and sell shares of Tractor Supply Company's common stock in

accordance with Rule 10b5-1 under the Securities Exchange Act of 1934.

Under the plan, Mr. Wright may sell under pre-arranged terms up to

approximately 64,000 shares owned by him (approximately 7% of his total

holdings) in open market transactions through July 25, 2010.

    Rule 10b5-1 allows officers and directors to avoid any real or

perceived conflict of interest while diversifying holdings in connection

with the trading of company securities. The plan is established at a time

when the executive is not in possession of material nonpublic information.

Once the plan is executed, the executive does not retain or exercise any

discretion over the shares traded under the plan. Sales of common stock by

Mr. Wright pursuant to the terms of the plan, or otherwise, will be

disclosed publicly through Form 144 and Form 4 filings with the Securities

and Exchange Commission.

    At the time of the plan's adoption, Mr. Wright beneficially owned

712,864 shares of Tractor Supply Company's common stock, representing

approximately 2.0% of the Company's issued and outstanding stock. The plan

represents part of Mr. Wright's ongoing program of tax planning and asset

diversification. Mr. Wright may also from time to time sell or gift

additional shares of Tractor Supply Company's stock owned by him outside of

the plan, in accordance with the provisions of Rule 144 under the

Securities Exchange Act of 1934 and the Company's securities trading

policies.

    About Tractor Supply Company

    As of June 28, 2008, Tractor Supply Company operated 814 stores in 44

states. The Company's stores are focused on supplying the lifestyle needs

of recreational farmers and ranchers. The Company also serves the

maintenance needs of those who enjoy the rural lifestyle, as well as

tradesmen and small businesses. Stores are located in towns outlying major

metropolitan markets and in rural communities. The Company offers the

following comprehensive selection of merchandise: (1) equine, pet and

animal products, including items necessary for their health, care, growth

and containment; (2) maintenance products for agricultural and rural use;

(3) hardware and tool products; (4) seasonal products, including lawn and

garden power equipment; (5) truck and towing products; and (6)

work/recreational clothing and footwear for the entire family.