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News Release

Lowe's to Webcast Presentation from the Telsey Advisory Group Consumer Conference

MOORESVILLE, N.C., Sep 22, 2010 (BUSINESS WIRE) --

Lowe's Companies, Inc. (NYSE: LOW) announces that Robert F. Hull Jr., Executive Vice President and Chief Financial Officer, and Michael K. Brown, Executive Vice President of Store Operations, will present at the Telsey Advisory Group Consumer Conference in Las Vegas, NV.

What: Presentation by Robert Hull and Michael Brown at the Telsey Advisory Group Consumer Conference in Las Vegas, NV
When: 8:10 a.m. Pacific Daylight Time on Wednesday, September 29, 2010
Where:

http://www.Lowes.com/investor

Click on Webcast and Events Calendar

How: Live over the internet - the archived webcast will be available until October 13, 2010

This webcast contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than those reciting historic fact are statements that could be "forward-looking statements" under the Act. Such forward-looking statements may be included during discussions, or displayed on materials used therein, regarding the Company's future operations and performance; proposed new locations, products, services, or developments; conditions or performance of the domestic economy; and any statement of an assumption underlying any of the foregoing. Statements containing words such as "expects," "plans," "strategy," "projects," "believes," "opportunity," "anticipates," "desires," and similar expressions are intended to highlight or indicate "forward-looking statements." Although management 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 continued high rates of unemployment, interest rate and currency fluctuations, higher fuel and other energy costs, slower growth in personal income, changes in consumer spending, changes in the rate of housing turnover, the availability and increasing regulation of consumer credit and mortgage financing, inflation or deflation of commodity prices and other factors which can negatively affect our customers, as well as the Company's ability to: (i) respond to adverse trends in the housing industry, such as the psychological effect of falling home prices, and in the level of repairs, remodeling, and additions to existing homes, as well as a 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 changes in existing or new laws on regulations that affect employment/labor, trade, product safety, transportation/logistics, energy costs, health care, tax or environmental issues; and (viii) respond to unanticipated weather conditions that could adversely affect sales. In addition, we could experience additional impairment losses if the actual results of our operating stores are not consistent with the assumptions and judgments we have made in estimating future cash flows and determining asset fair values. Additional information regarding the risks and uncertainties which may affect our business operations and financial performance can be found in our filings with the Securities and Exchange Commission (which are available through the Company's web site).

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 1,725 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:
Tiffany Mason, 704-758-2033 or
Media Inquiries:
Chris Ahearn, 704-758-2304