Lowe’s Companies, Inc. Declares Cash Dividend

The Board of Directors for Lowe's Companies, Inc. (NYSE:LOW) has declared a quarterly cash dividend of nine cents ($0.09) per share, payable February 3, 2010, to shareholders of record as of January 20, 2010.

With fiscal year 2008 sales of $48.2 billion, Lowe's Companies, Inc. is a FORTUNE® 50 company that serves approximately 14 million customers a week at more than 1,675 home improvement stores in the United States and Canada. Founded in 1946 and based in Mooresville, N.C., Lowe's is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.

Contacts:

Lowe's Companies, Inc.
Shareholders’/Analysts’ Inquiries:
Robbin Moore-Randolph, 704-758-3579 or
Media Inquiries:
Chris Ahearn, 704-758-2304

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