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News Release

Lowe's Companies, Inc. Declares Cash Dividend

MOORESVILLE, N.C., Nov. 14, 2014 /PRNewswire/ --The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of twenty three cents ($0.23) per share, payable February 4, 2015, to shareholders of record as of January 21, 2015.

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 15 million customers a week in the United States, Canada and Mexico. With fiscal year 2013 sales of $53.4 billion, Lowe's has more than 1,835 home improvement and hardware stores and 260,000 employees.  Founded in 1946 and based in Mooresville, N.C., Lowe's supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

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SOURCE Lowe's Companies, Inc.

Shareholders'/Analysts' Inquiries: Tiffany Mason, 704-758-2033, tiffany.l.mason@lowes.com, Media Inquiries: Chris Ahearn, 704-758-2304, chris.c.ahearn@lowes.com