Lowe's Companies, Inc. Invites You to Join Its Fourth Quarter & Year End 2001 Earnings Results Conference Call on the Web.

WILKESBORO, N.C. -- In conjunction with Lowe's Companies, Inc. Fourth Quarter & Year End 2001 earnings press release, you are invited to listen to its conference call that will be broadcast live over the Internet on Monday, February 25, 2002, at 9:00 a.m. Eastern Time with: Robert L. Tillman, chairman of the board, president and chief executive officer; and Robert A. Niblock, executive vice president and chief financial officer, of Lowe's Companies, Inc.

   What:      Fourth Quarter & Year End 2001 Earnings Release   When:      9:00 a.m. Eastern Time on Monday, February 25, 2002   Where:     http://www.lowes.com              Click on About Lowe's              Click on Investor Information              Click on Shareholder Services, Calendar of Events   How:       Live over the Internet -- Simply log on to the web at the              address above or dial (719) 457-2633 (confirmation code              728009).   Contact:   Paul Taaffe (336) 658-5239 

With 2000 sales of $18.8 billion, Lowe's Companies, Inc. is the world's second largest home improvement retailer. Headquartered in Wilkesboro, N.C., Lowe's is the 14th largest retailer in the U.S. as well as the 30th largest retailer worldwide. Lowe's and its 100,000 employees are Improving Home Improvement for over six million do-it-yourself retail and commercial business customers each week at more than 740 stores in 42 states. For more information, visit lowes.com.

A webcast replay of the call will be available and can be accessed by visiting http://www.lowes.com/, clicking on About Lowe's, Investor Information, Shareholder Services, Calendar of Events. The webcast replay will begin at 12:00 Noon on February 25, 2002, and will be available for 7 days. A replay of the conference call is scheduled to begin at 12:00 Noon February 25, 2002 and will be available until February 26, 2002, at 12:00 midnight. To hear the replay dial 719-457-0820 (confirmation code 728009).

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp, and at least a 28.8 Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to isproducers@prnewswire.com.)

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Contact: Paul Taaffe of Lowe's Companies, Inc., +1-336-658-5239

Website: http://www.lowes.com/