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Lowe's Promotes Greg Bridgeford to Executive Vice President

MOORESVILLE, N.C., Feb. 2 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today the promotion of Gregory M. Bridgeford to executive vice president of Business Development.

(Logo: http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO )

Bridgeford, a 22-year Lowe's veteran, oversees all aspects of Lowe's development of new business opportunities, strategic planning, research and business process improvement. He previously served as senior vice president of Business Development.

"Greg is a key member of Lowe's executive management team and continues to do an excellent job leading our business development, strategy formulation and evaluation process," said Robert L. Tillman, Lowe's chairman and CEO. "His ability to keep a finger on the pulse of consumer trends will continue to be invaluable to Lowe's - and help us continue to deliver an outstanding experience for our customers - well into the future."

Bridgeford joined Lowe's in 1982 and has served in a variety of increasingly responsible positions, including vice president of corporate development, senior vice president of merchandising/general merchandising manager, and senior vice president of marketing. He played an important role as a member of the team that wrote a new corporate vision for Lowe's in 1989, ultimately transforming the company into one of the nation's leading retailers. Bridgeford holds a bachelor's degree in psychology from the University of Virginia, and earned an M.B.A. from Wake Forest University.

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 925 home improvement stores in 45 states. In 2003, FORTUNE named Lowe's America's Most Admired Specialty Retailer. Based in Mooresville, N.C., the 58-year old company is the second-largest home improvement retailer in the world. For more information, visit Lowes.com .

SOURCE  Lowe's Companies, Inc.
    -0-                             02/02/2004
    /CONTACT:  Media, Chris Ahearn, +1-704-758-2304, or Shareholders'-
Analysts, Paul Taaffe, +1-704-758-2033, both of Lowe's Companies, Inc./
    /Photo:  NewsCom:  http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO
             AP Archive:  http://photoarchive.ap.org
             PRN Photo Desk, photodesk@prnewswire.com/
    /Web site:  http://www.lowes.com /
    (LOW)

CO:  Lowe's Companies, Inc.
ST:  North Carolina
IN:  REA HOU
SU:  PER

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0834 02/02/2004 10:25 EST http://www.prnewswire.com