On July 11, 2012, the board of directors of Fastenal Company elected Darren R. Jackson and Rita J. Heise as directors of the company, effective immediately. Mr. Jackson and Ms. Heise were elected to serve until the company's next annual meeting of shareholders or until their successors are duly elected and qualified. The board has not yet appointed either Mr. Jackson or Ms. Heise to serve on any committees of the Board. The Board has determined that each of Mr. Jackson and Ms. Heise qualifies as an independent director under the listing standards of The NASDAQ Stock Market. Mr. Jackson is President and CEO of Advance Auto Parts Inc. Before assuming his current duties in 2008, Mr. Jackson held various executive positions with Best Buy, Carson Pirie Scott and Nordstrom Stores. Ms. Heise is an independent consultant with Rita Heise Consulting LLC. Prior to January 1, 2012, Ms. Heise was Corporate Vice President and CIO of Cargill, Incorporated, an international producer and marketer of food, agricultural, financial and industrial products and services headquartered in Minneapolis, Minnesota.