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News Release

Lowe's to Webcast Annual Meeting of Shareholders

WILKESBORO, N.C., May 22 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) invites you to listen as its 2003 Annual Meeting of Shareholders is broadcast live over the Internet Friday, May 30 at 10:00 a.m. EDT.

    (Logo: )

    What:  Lowe's Annual Meeting of Shareholders

    When:  Friday, May 30, 2003 @ 10:00 a.m. EDT

           Go to About Lowe's
           Investor Information
           Annual Meeting of Shareholders

    How:   Live over the Internet -- Simply log on to the web at the address
           An archived version will be available for 30 days.

With fiscal year 2002 sales of $26.5 billion, Lowe's Companies, Inc. is a FORTUNE 100 company that serves approximately nine million customers a week at more than 875 home improvement stores in 45 states. In 2003, FORTUNE named Lowe's America's Most Admired Specialty Retailer. Based in Wilkesboro, N.C., the 57-year old company is the second-largest home improvement retailer in the world. For more information, visit

SOURCE  Lowe's Companies, Inc.
    -0-                             05/22/2003
    /CONTACT:  shareholders' and analysts' inquiries, Paul Taaffe,
+1-336-658-5239, or media inquiries, Brian Peace, +1-336-658-4170, both of
Lowe's Companies, Inc./
    /Photo:  NewsCom:
              AP Archive:
              PRN Photo Desk, 888-776-6555 or 212-782-2840/
    /Web site: /

CO:  Lowe's Companies, Inc.
ST:  North Carolina

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