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Lowe's Promotes Mabry to Executive Vice President

MOORESVILLE, N.C., Sept. 22 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that Mike Mabry has been promoted to executive vice president, logistics and distribution. In his new capacity, Mabry will maintain responsibility for overseeing Lowe's state-of-the-art distribution network and assume responsibility for the company's logistics function, which together expedite the replenishment of merchandise to more than 1,000 Lowe's stores across the country.

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

"Mike's supply chain background and expertise has strengthened a function that is already a key competitive advantage for Lowe's," said Robert Niblock, Lowe's president. "He has quickly distinguished himself as a key member of Lowe's senior management team and is certainly ready to assume additional responsibilities."

Mabry joined Lowe's as senior vice president of distribution in 2003 after a 12-year career with Wal-Mart Stores, Inc., where he served most recently as VP of Global Services. He holds an M.B.A. from Oklahoma City University and a bachelor's degree in math from the University of North Alabama.

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 1,000 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-                             09/22/2004
    /CONTACT:  Chris Ahearn of Lowe's Companies, Inc., +1-704-758-2304, or
Chris.b.ahearn@lowes.com /
    /Photo:  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
SU:  PER

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1463 09/22/2004 10:30 EDT http://www.prnewswire.com