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News Release

Lowe's to Webcast Presentation From Sanford C. Bernstein's Strategic Decisions Conference

WILKESBORO, N.C., Jun 2, 2003 /PRNewswire-FirstCall via COMTEX/ -- Lowe's Companies, Inc. announces Robert L. Tillman, chairman and CEO and Robert F. Hull, Jr., senior vice president and CFO of Lowe's Companies, Inc. (NYSE: LOW), will present at the Sanford C. Bernstein Strategic Decisions Conference.

    (Logo:  http://www.newscom.com/cgi-bin/prnh/20000720/LOWES )

    What:  Robert L. Tillman, chairman and CEO and Robert F. Hull, Jr., senior
           vice president and CFO of Lowe's Companies, Inc., will present at
           the Sanford C. Bernstein Strategic Decisions Conference.

    When:  9:00 a.m. Eastern Time on Tuesday, June 3, 2003

    Where: http://www.Lowes.com
           Click on About Lowe's
           Click on Investor Information
           Click on Shareholder Services, Calendar of Events

    How:   Live over the Internet - the archived webcast will be available for
           7 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.

SOURCE Lowe's Companies, Inc.

shareholders and analysts, Paul Taaffe, +1-336-658-5239, or
media, Brian Peace, +1-336-658-4170, both of Lowe's Companies, Inc.
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