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

MOORESVILLE, N.C., June 2 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. announces Robert A. Niblock, president, and Bob Hull, executive vice president and chief financial officer of Lowe's Companies, Inc., (NYSE: LOW) will present at Sanford C. Bernstein's Strategic Decisions Conference.

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

     What:  Lowe's Companies, Inc. announces Robert A. Niblock, president, and
            Bob Hull, executive vice president and chief financial officer of
            Lowe's Companies, Inc., will present at Sanford C. Bernstein's
            Strategic Decisions Conference.

     When:  11:00a.m. ET on Friday, June 4, 2004

     Where: http://www.Lowes.com/investor
            Click on Shareholder Services, Calendar of Events

     How:   Live over the internet -- the archived webcast will be available
            for seven days.

Comments made by management during this conference may include statements, estimates or projections that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Although the company believes that comments reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Possible risks and uncertainties regarding these statements include, but are not limited to, changes in domestic economic conditions, the availability of real estate for expansion and its successful development, particularly in major metropolitan markets, the availability of sufficient labor to facilitate growth, fluctuations in prices and availability of product, unanticipated impact of competition, legal or regulatory developments, and weather conditions that affect sales. We provide additional information regarding these and other risks and uncertainties in our filings with the Securities and Exchange Commission. Any forward-looking statements that are made during the conference speak only as of the date on which they are made and we do not assume any obligation to update them.

With fiscal year 2003 sales of $30.8 billion, Lowe's Companies, Inc. is a FORTUNE(R) 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-                             06/02/2004
    /CONTACT:  Shareholders - Analysts, Paul Taaffe, +1-704-758-2033, or
Media, Chris Ahearn, +1-704-758-2304, both of Lowe's Companies, Inc./
    /Photo: http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO
            AP Archive:  http://photoarchive.ap.org
            PRN Photo Desk, 888-776-6555 or 212-782-2840/
    /Web site:  http://www.Lowes.com
                http://www.Lowes.com/investor /
    (LOW)

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

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5120 06/02/2004 16:05 EDT http://www.prnewswire.com