Lowe's Promotes Dennis R. Knowles to Senior Vice President of Store Operations

MOORESVILLE, N.C., Jan. 4 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. announced today the promotion of Dennis R. Knowles to senior vice president of store operations for the company's South Central Division, effective immediately. Knowles replaces Michael K. Brown, who was promoted to executive vice president of store operations last month. He will report to Brown.

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In his new role, Knowles is responsible for operations of more than 280 stores in eight south central states. A retail veteran with more than 25 years of operations and merchandising experience, Knowles joined Lowe's in 2001 and served most recently as regional vice president of store operations in Lowe's West Division.

"Dennis has demonstrated tremendous leadership and operations management skills in the rapidly growing Southern California market," explained Brown. "His experience and expertise will be great assets as he focuses on serving customers in key markets in the South Central U.S."

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 1,330 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.

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