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Press release from CNW Group

Lowe's launches microsite dedicated to proposal to acquire RONA

Thursday, August 02, 2012

Lowe's launches microsite dedicated to proposal to acquire RONA07:43 EDT Thursday, August 02, 2012MOORESVILLE, NC, Aug. 2, 2012 /CNW Telbec/ - Lowe's Companies Inc. (NYSE: LOW) ("Lowe's") announced today that it has launched a microsite dedicated to providing shareholders and stakeholders with information about the non-binding proposal made to the Board of Directors of Canadian home improvement and hardware retailer RONA Inc. (TSX: RON) ("RONA"). The microsite, which outlines the strategic rationale of the proposal, contains related news, documents and contact information, and can be visited at www.lowes.ca/ronaproposal.FURTHER INFORMATIONThis announcement is for informational purposes only and does not constitute an offer by Lowe's to purchase or a solicitation by Lowe's of an offer to sell RONA common shares. SOURCE: Lowe's Companies, Inc.For further information: Shareholder/Analyst Inquiries: Tiffany Mason, 704-758-2033 orMedia Inquiries: Chris Ahearn,   704-758-2304 Laurent Pepin,  514-843-2312