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Lowe's Promotes Hull to Executive Vice President

MOORESVILLE, N.C., June 1 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) announced at its annual meeting of shareholders that the company has promoted Robert F. Hull Jr. to executive vice president and chief financial officer. Hull has served as senior vice president and CFO since March 2003. He will continue to be responsible for accounting, credit, risk management, tax, treasury, investor relations, financial planning, administration and loss prevention.

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

"Bob continues to do an outstanding job as Lowe's chief financial officer and has certainly earned this promotion," said Robert L. Tillman, chairman and CEO. "He is a key member of our senior management team and will play an important role as our company continues to grow."

Hull joined Lowe's in 1999 and has more than 18 years of retail and financial management experience. He holds bachelor's degrees in accounting and business administration from the University of North Carolina-Charlotte and is a certified public accountant.

With fiscal year 2003 sales of $30.8 billion, Lowe's Companies, Inc. is a FORTUNE 50 company that serves approximately 10 million customers a week at more than 975 home improvement stores in 45 states. In 2004, FORTUNE named Lowe's America's Most Admired Specialty Retailer for a second consecutive year. 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-                             06/01/2004
    /CONTACT:  Chris Ahearn of Lowe's Companies, Inc., +1-704-758-2304, or
Chris.b.ahearn@lowes.com /
    /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:

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2103 06/01/2004 08:58 EDT http://www.prnewswire.com