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News Release

Lowe's Companies, Inc. Invites You to Join Its Second Quarter 2003 Earnings Results Conference Call on the Web

WILKESBORO, N.C., Aug 11, 2003 /PRNewswire-FirstCall via COMTEX/ -- In conjunction with Lowe's Companies, Inc. (NYSE: LOW) Second Quarter 2003 earnings press release, you are invited to listen to its conference call that will be broadcast live over the Internet on Monday, August 18, 2003 at 9:00 a.m. Eastern Time with: Robert L. Tillman, chairman of the board and chief executive officer; Robert A. Niblock, president, and Robert F. Hull, Jr., senior vice president and chief financial officer, of Lowe's Companies, Inc.

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

    What:      Second Quarter 2003 Earnings Release

    When:      9:00 a.m. Eastern Time on Monday, August 18, 2003

    Where:     http://www.lowes.com
               Click on Investor Relations
               Click on Lowe's 2Q03 Earnings Conference Call Webcast

    How:       Live over the Internet -- Simply log on to the web at the
               address above or dial 888-817-4020 (International callers
               dial 706-679-3245).

    Contact:   Paul Taaffe (336) 658-5239

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 Lowes.com.

A webcast replay of the call will be available and can be accessed by visiting www.lowes.com, clicking Investor Relations, Lowe's 2Q03 Earnings Conference Call Webcast. The webcast replay will begin at 12:00 Noon on August 18, 2003 and will be available for 7 days. A telephone replay of the conference call is scheduled to begin at 12:00 Noon on August 18, 2003 and will be available until August 20, 2003, at 12:00 midnight. To hear the replay dial 800-642-1687 (conference ID: 2019462).

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp , and at least a 28.8 Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webcastsupport@tfprn.com.)

SOURCE Lowe's Companies, Inc.

Paul Taaffe of Lowe's Companies, Inc., +1-336-658-5239
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