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Best Buy Announces Regular Quarterly Cash Dividend

MINNEAPOLIS--(BUSINESS WIRE)--Sep. 16, 2009-- The board of directors of Best Buy Co., Inc. (NYSE:BBY) has authorized payment of a regular quarterly cash dividend of 14 cents per common share. The quarterly dividend is payable on October 27, 2009, to shareholders of record as of the close of business on October 6, 2009. The company had 416,538,842 shares of common stock issued and outstanding as of August 29, 2009.

About Best Buy Co., Inc.

With operations in the United States, Canada, Europe, China and Mexico, Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. The Best Buy family of brands and partnerships collectively generates more than $45 billion in annual revenue and includes brands such as Best Buy, Audiovisions, The Carphone Warehouse, Future Shop, Geek Squad, Jiangsu Five Star, Magnolia Audio Video, Napster, Pacific Sales, The Phone House, and Speakeasy. Approximately 155,000 employees apply their talents to help bring the benefits of these brands to life for customers through retail locations, multiple call centers and Web sites, in-home solutions, product delivery and activities in its communities. Community partnership is central to the way business is done at Best Buy. In fiscal 2009, Best Buy donated a combined $33.4 million to improve the vitality of the communities where its employees and customers live and work. For more information about Best Buy, visit www.bestbuy.com.

Source: Best Buy Co., Inc.

Best Buy Co., Inc.
Media Contacts:
Susan Busch, 612-291-6114
Senior Director, Public Relations
susan.busch@bestbuy.com
Lisa Hawks, 612-291-6150
Director, Public Relations
lisa.hawks@bestbuy.com
Investor Contacts:
Andrew Lacko, 612-291-6992
Senior Director of Investor Relations
andrew.lacko@bestbuy.com
Wade Bronson, 612-291-5693
Director of Investor Relations
wade.bronson@bestbuy.com