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News Release

Lowe's Companies, Inc. Invites You to Join Its Second Quarter 2004 Earnings Conference Call on the Web

MOORESVILLE, N.C., Aug. 9 /PRNewswire-FirstCall/ -- In conjunction with Lowe's Companies, Inc. (NYSE: LOW) Second Quarter 2004 earnings press release, you are invited to listen to its conference call that will be broadcast live over the internet on Monday, August 16, 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., executive vice president and chief financial officer, of Lowe's Companies, Inc.

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

    What:      Second Quarter 2004 Earnings Conference Call

    When:      9:00 a.m. Eastern Time on Monday, August 16, 2004

    Where:     http://www.Lowes.com/investor
               Click on Lowe's 2Q04 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 706-679-6090).

    Contact:   Paul Taaffe (704) 758-2033

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.

A webcast replay of the call will be available and can be accessed by visiting http://www.Lowes.com/investor and clicking on Lowe's Second Quarter 2004 Earnings Conference Call Webcast. The webcast replay will begin at 12:00 noon on August 16, 2004 and will be available for 7 days. A telephone replay of the conference call is scheduled to begin at 12:00 noon on August 16, 2004 and will be available until August 18, 2004 at 12:00 midnight. To hear the replay dial 800-642-1687 (international callers dial 706-645-9291), conference ID: 9167942.

(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.)

SOURCE  Lowe's Companies, Inc.
    -0-                             08/09/2004
    /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
SU:  CCA MAV

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9052 08/09/2004 16:15 EDT http://www.prnewswire.com