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Press release from Business Wire

Lowe's Companies, Inc. Declares Cash Dividend

Friday, August 24, 2012

Lowe's Companies, Inc. Declares Cash Dividend16:30 EDT Friday, August 24, 2012 MOORESVILLE, N.C. (Business Wire) -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of sixteen cents ($0.16) per share, payable November 7, 2012, to shareholders of record as of October 24, 2012. With fiscal year 2011 sales of $50.2 billion, Lowe's Companies, Inc. is a FORTUNE® 100 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, 704-758-2033tiffany.l.mason@lowes.comorMedia Inquiries:Chris Ahearn, 704-758-2304chris.c.ahearn@lowes.com