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Press release from Business Wire

Lowe's Companies, Inc. Declares Cash Dividend

Friday, March 23, 2012

Lowe's Companies, Inc. Declares Cash Dividend16:30 EDT Friday, March 23, 2012 MOORESVILLE, N.C. (Business Wire) -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of fourteen cents ($0.14) per share, payable May 9, 2012, to shareholders of record as of April 25, 2012. With fiscal year 2011 sales of $50.2 billion, Lowe's Companies, Inc. is a FORTUNE® 50 company that serves approximately 15 million customers a week at more than 1,745 home improvement stores in the United States, Canada and Mexico. Founded in 1946 and based in Mooresville, N.C., Lowe's is the second-largest home improvement retailer in the world. For more information, visit Lowes.com. Lowe's Companies, Inc.Shareholders?/Analysts? Inquiries:Tiffany Mason, 704-758-2033orMedia Inquiries:Chris Ahearn, 704-758-2304