LOWES COMPANIES INC — Director's Dealing 2008

Jun 2, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOWES COMPANIES INC (LOW)
CIK: 0000060667
Period of Report: 2008-05-30

Reporting Person: SLOAN O TEMPLE JR (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-30	Deferred Stock Units	$0	A	4800	Acquired		Common Stock (4800)	Direct

Footnotes

F1: All Deferred Stock Units are immediately one hundred percent (100%) vested. The Company will issue one share of common stock in exchange for each Deferred Stock Unit upon termination of the holder's service as a member of the Board of Directors of the Company.