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News Release

Lowe's Companies, Inc. Invites You to Listen to Its 2004 Analyst & Investor Conference

MOORESVILLE, N.C., Sept. 22 /PRNewswire-FirstCall/ -- You are invited to listen to the Lowe's Companies, Inc. (NYSE: LOW) 2004 Analyst & Investor Conference live webcast on Tuesday, September 28th at 8:00 a.m. Eastern Time. The senior management of Lowe's will address current and future growth initiatives and opportunities that exist for Lowe's.

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

     What:          Lowe's 2004 Analyst & Investor Conference

     When:          September 28, 2004

     Where:         Lowes.com/investor
                    Click on 2004 Analyst & Investor Conference

     How:           Live over the Internet -- just log on to the web at the
                    address above

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 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:  Shareholders-Analysts, Paul Taaffe, +1-704-758-2033, or Media,
Chris Ahearn, +1-704-758-2304, both of Lowe's Companies, Inc./
    /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:  MAV CCA

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1535 09/22/2004 11:00 EDT http://www.prnewswire.com