LOWE'S BREAKS GROUND ON FIRST STORES IN MEXICO (04/22/09)

Company On Target To Open Stores in Monterrey in 2009 Fiscal Year

MONTERREY, MEXICO – Lowe’s Companies, Inc. announced today that Lowe’s-Mexico has broken ground on its first stores planned for Monterrey, Mexico. Two stores – Lowe’s of Linda Vista and Lowe’s of Sendero – are under construction and on target to open by the fourth quarter of the company’s 2009 fiscal year which ends in January 2010. The Lowe’s real estate team continues to evaluate sites for construction of additional stores in Monterrey.

“We are steadfast on our focus in Monterrey and are confident that Lowe’s brand of home improvement—with both construction materials and home décor products together under one roof—will appeal to both homeowners and contractors who are looking for the convenience, outstanding customer service and a superior shopping environment,” said Francisco Fernandez, director general of Lowe’s-Mexico. More