Lowe's to Webcast Annual Meeting of Shareholders

MOORESVILLE, N.C., May 18 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. invites you to listen as its 2006 Annual Meeting of Shareholders is broadcast live over the Internet at 10:00 a.m. Eastern Time on Thursday, May 25, 2006.

(Logo: http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO) What: Lowe's Annual Meeting of Shareholders When: 10:00 a.m. Eastern Time on Thursday, May 25, 2006 Where: Visit Lowe's Investor Relations website at http://www.lowes.com/investor Click on Lowe's 2006 Annual Meeting of Shareholders Webcast Contact: Paul Taaffe (704) 758-2033

Comments made by management during this meeting may include statements, estimates or projections that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Although the company believes that comments reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Possible risks and uncertainties regarding these statements include, but are not limited to, changes in domestic economic conditions, such as interest rate and currency fluctuations, fuel costs, and other factors which can negatively affect our customers, the availability of real estate for expansion and its successful development, particularly in major metropolitan markets, the availability of sufficient labor to facilitate growth, fluctuations in prices and availability of product, unanticipated impact of competition, legal or regulatory developments, and weather conditions that affect sales. We provide additional information regarding these and other risks and uncertainties in our filings with the Securities and Exchange Commission (which are available through the company's web site). Any forward-looking statements that are made during the meeting speak only as of the date on which they are made and the company expressly disclaims any obligation to update them.

With fiscal year 2005 sales of $43.2 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 12 million customers a week at more than 1,250 home improvement stores in 49 states. Based in Mooresville, N.C., the 60-year old company is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.