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News Release

Lowe's to Webcast Annual Meeting of Shareholders
    MOORESVILLE, N.C., May 18 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc.
(NYSE: LOW) invites you to listen as its 2007 Annual Meeting of Shareholders
is broadcast live over the Internet at 10:00 a.m. Eastern Time on Friday, May
25, 2007.

    (Logo:  http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO )

    What:      Lowe's Annual Meeting of Shareholders

    When:      10:00 a.m. Eastern Time on Friday, May 25, 2007

    Where:     Visit Lowe's Investor Relations website at
               http://www.Lowes.com/investor
               Click on Lowe's 2007 Annual Meeting of Shareholders Webcast

    Contact:   Robbin Moore-Randolph (704) 758-3579

Comments made by management during this meeting may include statements, estimates or projections that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Although the company believes that comments reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Possible risks and uncertainties regarding these statements include, but are not limited to, changes in domestic economic conditions, such as interest rate and currency fluctuations, fuel and other energy costs, and other factors which can negatively affect our customers, a greater than expected downturn in the housing industry, the availability of real estate for expansion and its successful development, particularly in major metropolitan markets, the availability of sufficient labor to facilitate growth, fluctuations in prices and availability of product, unanticipated impact of competition, legal or regulatory developments, and weather conditions that affect sales. We provide additional information regarding these and other risks and uncertainties in our filings with the Securities and Exchange Commission (which are available through the company's web site). Any forward-looking statements that are made during the conference speak only as of the date on which they are made and the company expressly disclaims any obligation to update them.

With fiscal year 2006 sales of $46.9 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 13 million customers a week at more than 1,400 home improvement stores in 49 states. Based in Mooresville, N.C., the 60-year old company is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.

SOURCE  Lowe's Companies, Inc.
    -0-                             05/18/2007
    /CONTACT:  Shareholder-Analysts: Robbin Moore-Randolph,
+1-704-758-3579; or Media: Chris Ahearn, +1-704-758-2304, both of Lowe's
Companies, Inc. /
    /Photo:  NewsCom:  http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO
              AP Archive:  http://photoarchive.ap.org
              PRN Photo Desk, photodesk@prnewswire.com/
    /Web site:  http://www.lowes.com
                http://www.Lowes.com/investor /
    (LOW)

CO:  Lowe's Companies, Inc.
ST:  North Carolina
IN:  REA HOU
SU:  CCA MAV

TC-CT
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3585 05/18/2007 09:00 EDT http://www.prnewswire.com