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News Release

Lowe's Companies, Inc. Declares Cash Dividend
MOORESVILLE, N.C., Mar 22, 2010 (BUSINESS WIRE) -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of nine cents ($0.09) per share, payable May 5, 2010, to shareholders of record as of April 21, 2010.

With fiscal year 2009 sales of $47.2 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 15 million customers a week at more than 1,700 home improvement stores in the United States, Canada and Mexico. 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.

Lowe's Companies, Inc.
Shareholders'/Analysts' Inquiries:
Robbin Moore-Randolph, 704-758-3579
or
Media Inquiries:
Chris Ahearn, 704-758-2304