Lowe's Fact Sheet

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					            Lowe’s Home Improvement Warehouse Fact Sheet
                    Deer Creek Village Shopping Center, Petaluma

About the Lowe’s Project

Since 1946, “home is what Lowe's has been all about,” helping its customers improve their
homes, while creating a world-class environment for its employees.

Lowe’s plan to build a 120,000 square foot store in Petaluma is part of the proposed Deer Creek
Village shopping center project, located at the southwest corner of the intersection of Rainier
Avenue and McDowell Boulevard adjacent to Highway 101.

For architectural renderings or other information on the proposed shopping center, visit
www.deercreekproject.com.

Economic Benefits

According to the city’s Fiscal and Economic Impact Analysis (FEIA) for the proposed Deer Creek
Village project, the Petaluma area is “significantly under-retailed” in major retail categories that
include building material and appliance stores.

The FEIA included the Yardbirds Home Depot store that has subsequently closed, thereby
understating the current retail leakage in key categories.

   Key Economic Findings:

   •   The Deer Creek Village shopping center project “will have a relatively significant positive
       impact on the City’s overall fiscal position.”

   •   The Deer Creek Village shopping center project will capture annually about $82.7 million
       in retail sales, with sales from Lowe’s constituting “the largest share, at slightly above 40
       percent” of the total.

   •   A Lowe’s store is expected to draw customers from the Petaluma area, including
       northern Marin County which lacks “warehouse-style” home improvement outlets.

   •   A Lowe’s store would capture a “significant share” or $35.5 million of the $41.4 million in
       local building material store leakage.

   •   A Lowe’s store is expected to also help capture $9.8 million of the $24.3 million in local
       home furnishings and appliance store leakage.


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Wages & Benefits

The proposed Petaluma Lowe’s store is expected to create 175 to 200 jobs offering competitive
pay and benefits. According to the FEIA, Lowe’s “pays competitive wages that are set at or
above the market average”.

Lowe’s estimates that 70-75% of the jobs created will be full-time positions. Both full and part-
time employees have access to comprehensive health and life insurance plans, 401(k), a
discount stock purchase plan and paid vacations and holidays. Lowe’s employees can choose
the coverage that best fits their unique needs. To learn more about Lowe’s competitive
benefits, visit http://careers.lowes.com/.

Local Charitable Giving

The Lowe’s Charitable and Educational Foundation has a long and proud history of contributing
to grassroots community projects through employee volunteerism and financial contributions.
In 2007, Lowe’s and the Foundation contributed more than $27.5 million to schools and
community organizations in the United States and Canada.

In 2007 & 2008, Lowe’s donated over $50,000 to organizations in Marin and Sonoma counties.

Lowe’s also partners with charitable organizations at the national and local level, including the
American Red Cross, Habitat for Humanity, Rebuilding Together, SkillsUSA, the National Trust
for Historic Preservation and the Nature Conservancy.

Visit https://careers.lowes.com/about_community.aspx to learn more.

Environmental Features

Conserving our natural resources is an investment in the future. Lowe's is committed to being a
responsible steward of the environment. The proposed store will be an energy efficient facility
and is expected to exceed California’s Title 24 design requirements by over 22%. In California,
Lowe’s has been recognized for their willingness to integrate energy efficiency into the design of
their new stores.

Lowe’s recently earned three top honors with the U.S. Environmental Protection Agency and
U.S. Department of Energy. The EPA awarded Lowe’s the 2009 WaterSense® Retail Partner of
the Year Award and the 2009 SmartWaySM Transport Partnership Environmental Excellence
Award. Additionally, Lowe’s received the 2009 ENERGY STAR® Retail Partner of the Year
Award. Lowe’s is the first retailer to simultaneously hold these three awards, which honor the
company’s industry-leading strategies to reduce environmental impact and educate customers
about how to reduce their own environmental impact.

The proposed Petaluma store will include numerous green features, including utilizing building
products that contain 20% recycled material, using low-emitting materials such as paints and
coatings, using skylights and dimmers to reduce energy consumption, and reducing water
usage by using low flush volume restroom fixtures. Additionally, Lowe’s has tested pilot
programs in California and will implement a smart irrigation controller along with draught
tolerant plants that has been shown to dramatically reduce water consumption.

                          For more information, visit www.lowes.com.
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