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News Release

Lowe's Companies, Inc. Invites You to Join Its Fourth Quarter and Fiscal Year End 2003 Earnings Conference Call on the Web

MOORESVILLE, N.C., Feb. 13 /PRNewswire-FirstCall/ -- In conjunction with Lowe's Companies, Inc. (NYSE: LOW) Fourth Quarter and Fiscal Year End 2003 earnings press release, you are invited to listen to its conference call that will be broadcast live over the internet on Monday, February 23, 2004 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/20031205/LOWLOGO )

    What:      Fourth Quarter and Fiscal Year End 2003 Earnings Release

    When:      9:00 a.m. Eastern Time on Monday, February 23, 2004

    Where:     http://www.Lowes.com/investor
               Click on Lowe's Fourth Quarter and Fiscal Year End 2003
               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 (704) 758-2033

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 950 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.

A webcast replay of the call will be available and can be accessed by visiting www.Lowes.com/investor and clicking on Lowe's Fourth Quarter and Fiscal Year End 2003 Earnings Conference Call Webcast. The webcast replay will begin at 12:00 noon on February 23, 2004 and will be available for 7 days. A telephone replay of the conference call is scheduled to begin at 12:00 noon on February 23, 2004 and will be available until February 25, 2004 at 12:00 midnight. To hear the replay dial 800-642-1687 (international callers dial 706-645-9291), conference ID: 5279602.

(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.
    -0-                             02/13/2004
    /CONTACT:  Paul Taaffe of Lowe's Companies, Inc., +1-704-758-2033/
    /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
                http://www.Lowes.com/investor /
    (LOW)

CO:  Lowe's Companies, Inc.
ST:  North Carolina
IN:  REA CST
SU:  CCA MAV

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5828 02/13/2004 09:00 EST http://www.prnewswire.com