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Lowe's Companies, Inc. Declares Cash Dividend

MOORESVILLE, N.C., March 23 /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 May 1, 2009, to shareholders of record as of April 17, 2009.


With fiscal year 2008 sales of $48.2 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 14 million customers a week at more than 1,650 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-                           03/23/2009
    /CONTACT:  Shareholders'-Analysts' Inquiries: Paul Taaffe,
+1-704-758-2033; 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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