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Press release from Business Wire

Target Corporation Declares Regular Quarterly Dividend

Thursday, September 13, 2012

Target Corporation Declares Regular Quarterly Dividend08:00 EDT Thursday, September 13, 2012 MINNEAPOLIS (Business Wire) -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 36 cents per common share. The dividend is payable December 10, 2012 to shareholders of record at the close of business November 21, 2012. The 4th quarter dividend will be the company's 181st consecutive dividend paid since October 1967 when the company became publicly held. About TargetMinneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,772 stores across the United States and at Target.com. The company plans to open its first stores in Canada in 2013. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than $3 million a week. For more information about Target's commitment to corporate responsibility, visit Target.com/hereforgood. For more information, visit Target.com/Pressroom. Target CorporationJohn Hulbert, Investors, 612-761-6627orAmy Reilly, Financial Media, 612-761-6782orTarget Media Hotline, 612-696-3400