X0202 4 2006-03-01 0 0000060667 LOWES COMPANIES INC LOW 0001309155 Frasso James M 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117 0 1 0 0 SVP Store Operations Common Stock 2006-03-01 4 A 0 6000 0 A 22506 D Common Stock 5656.1686 I By 401k Plan Non-Qualified Stock Option (right to buy) 68.32 2006-03-01 4 A 0 11000 0 A 2013-03-01 Common Stock 11000 11000 D These restricted shares of common stock will vest on the earlier to occur of March 1, 2011 or at the end of the third or fourth fiscal years after the date of grant, if certain performance criteria are met on either of those dates. The option vests in three equal annual installments beginning on March 1, 2007. The information provided for the shares held by the 401k Plan in this report are based on a plan statement dated as of February 3, 2006. By: Ben Adams For: James M. Frasso 2006-03-03