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News Release

Lowe's to Webcast Presentation from Goldman Sachs Fifteenth Annual Global Retailing Conference

MOORESVILLE, N.C., Aug. 28 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) announces Robert A. Niblock, chairman and CEO of Lowe's Companies, Inc., will present at the Goldman Sachs Fifteenth Annual Global Retailing Conference in New York, NY.

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

    What:   Presentation by Robert A. Niblock at the Goldman Sachs Fifteenth
            Annual Global Retailing Conference in New York, NY.

    When:   8:00 a.m. Eastern Daylight Time on Thursday, September 4, 2008.

    Where:  http://www.Lowes.com/investor
            Click on Webcast and Events Calendar

    How:    Live over the internet -- the archived webcast will be available
            until September 18, 2008.

This webcast contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Statements of the company's expectations for sales growth, comparable store sales, earnings and performance, capital expenditures, store openings, the housing market, the home improvement industry, demand for services, and any statement of an assumption underlying any of the foregoing, constitute "forward-looking statements" under the Act. Although the company believes that the expectations, opinions, projections, and comments reflected in its forward-looking statements are reasonable, it can give no assurance that such statements will prove to be correct. A wide-variety of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results expressed or implied by our forward-looking statements including, but not limited to, changes in general economic conditions, such as interest rate and currency fluctuations, higher fuel and other energy costs, slower growth in personal income and consumer spending, declining housing turnover, the availability of mortgage financing, inflation or deflation of commodity prices and other factors which can negatively affect our customers, as well as our ability to: (i) respond to adverse trends in the housing industry and the level of repairs, remodeling, and additions to existing homes, as well as general reduction in commercial building activity; (ii) secure, develop, and otherwise implement new technologies and processes designed to enhance our efficiency and competitiveness; (iii) attract, train, and retain highly-qualified associates; (iv) locate, secure, and successfully develop new sites for store development particularly in major metropolitan markets; (v) respond to fluctuations in the prices and availability of services, supplies, and products; (vi) respond to the growth and impact of competition; (vii) address legal and regulatory developments; and (viii) respond to unanticipated weather conditions that could adversely affect sales. For more information about these and other risks and uncertainties that we are exposed to, you should read the "Risk Factors" included in our Annual Report on Form 10-K to the United States Securities and Exchange Commission and the description of material changes, if any, in those "Risk Factors" included in our Quarterly Reports on Form 10-Q.

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 Lowes.com.

SOURCE  Lowe's Companies, Inc.
    -0-                             08/28/2008
    /CONTACT:  Shareholders' & Analysts' Inquiries, Robbin Moore-Randolph,
+1-704-758-3579, or Media Inquiries, Chris Ahearn, +1-704-758-2304/
    /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.; Goldman Sachs Fifteenth Annual Global Retailing
     Conference
ST:  North Carolina, New York
IN:  REA CST
SU:  TDS CCA

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9989 08/28/2008 09:00 EDT http://www.prnewswire.com