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News Release

Lowe's Companies, Inc. Declares Cash Dividend
MOORESVILLE, N.C., March 24, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of eight cents ($0.08) per share, payable May 2, 2008, to shareholders of record as of April 18, 2008.

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

With fiscal year 2007 sales of $48.3 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 14 million customers a week at more than 1,525 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.

SOURCE Lowe's Companies, Inc.


http://www.lowes.com