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News Release

Lowe's Companies, Inc. Announces Fourth Quarter and Fiscal Year 2004 Earnings Results Conference Call

MOORESVILLE, N.C., Feb. 16 /PRNewswire-FirstCall/ -- In conjunction with Lowe's Companies, Inc. (NYSE: LOW) Fourth Quarter 2004 earnings press release, you are invited to listen to its conference call that will be broadcast live over the internet on Wednesday, February 23, 2005 at 9:00 a.m. Eastern Time with: Robert A. Niblock, chairman, president and chief executive officer; Larry D. Stone, senior executive vice president - operations; and Robert F. Hull, Jr., executive vice president and chief financial officer of Lowe's Companies, Inc.

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

     What:     Fourth Quarter 2004 Earnings Conference Call

     When:     9:00 a.m. Eastern Time on Wednesday, February 23, 2005
               (Note: change in normal Monday reporting cycle due to
               President's Day on Monday, February 21, 2005)

     Where:    http://www.Lowes.com/investor
               Click on Lowe's Fourth Quarter 2004 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
               706-679-3245).

     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 1,075 home improvement stores in 48 states. In 2004, FORTUNE named Lowe's America's Most Admired Specialty Retailer for a second consecutive year. Based in Mooresville, N.C., the 59-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 Fourth Quarter 2004 Earnings Conference Call Webcast. The webcast replay will begin at 12:00 noon on February 23, 2005 and will be available through May 15, 2005. A telephone replay of the conference call is scheduled to begin at 12:00 noon on February 23, 2005 and will be available until February 25, 2005 at 12:00 midnight. To hear the replay dial 800-642-1687 (international callers dial 706-645-9291), conference ID: 3009059.

SOURCE  Lowe's Companies, Inc.
    -0-                             02/16/2005
    /CONTACT:  Paul Taaffe of Lowe's Companies, Inc., +1-704-758-2033/
    /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
                http://www.Lowes.com/investor /
    (LOW)

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

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4450 02/16/2005 17:47 EST http://www.prnewswire.com