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Lowe's Companies, Inc. Declares Cash Dividend

MOORESVILLE, N.C., Aug. 25 /PRNewswire-FirstCall/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of eight and one-half cents ($0.085) per share, payable October 31, 2008, to shareholders of record as of October 17, 2008.

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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 1,575 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

SOURCE  Lowe's Companies, Inc.
    -0-                             08/25/2008
    /CONTACT:  Shareholders' or Analysts' Inquiries: Robbin Moore-Randolph,
+1-704-758-3579; or Media Inquiries: Chris Ahearn, +1-704-758-2304, both for
Lowe's Companies, Inc. /
              AP Archive:
              PRN Photo Desk,
    /Web site: /

CO:  Lowe's Companies, Inc.
ST:  North Carolina

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