Home Depot Discount

THE HOME DEPOT HONORS MILITARY PERSONNEL
WITH 10 PERCENT MEMORIAL DAY WEEKEND DISCOUNT

ATLANTA, MAY 23, 2005 – The Home Depot®, the world’s largest home improvement retailer, today announced that the company is inviting all active duty, reservists, retired military personnel, veterans and their families to receive 10 percent off their purchases in recognition of Memorial Day. The offer is good on purchases up to $2,000 for a maximum discount of $200 between May 26-30, 2005, at The Home Depot stores, The Home Depot Floor StoresÒ, The Home Depot Landscape SupplyÒ stores and EXPO Design CenterÒ locations.

“This discount is our way of saying ‘thanks’ to the brave men and women of our armed forces,” said Bob Nardelli, chairman, president & CEO of The Home Depot. “The Home Depot has an ongoing commitment to the entire U.S. military community and, during this time of remembrance, we want to show our appreciation to all of those who have served at home and abroad to preserve freedom for our nation.”

To qualify, individuals must present proof of military service to the Special Services Desk at any The Home Depot store, where they will receive a coupon that is redeemable at any cashier's checkout register. Discount coupons are valid on a single receipt in-store purchase only.

The discount offer furthers the company’s overall commitment to supporting the military community. In 2003, the company launched Project HomeFront, through which The Home Depot donated $1 million and 1 million volunteer hours to help military families at home while their spouses were deployed. Last July, the company made another $1 million donation in tools and supplies to support U.S. troops in the rebuilding effort in Iraq. Most recently, in September, the company launched Operation Career FrontSM, a joint program with the U.S. departments of Defense, Labor and Veterans Affairs designed to provide career opportunities to separating and retiring military service members, military spouses and other veterans.

The National Committee for Employer Support of the Guard and Reserve (ESGR), in conjunction with the Secretary of Defense, honored The Home Depot this past September with the 2004 Secretary of Defense Employer Support Freedom Award. Last April, the company was the proud recipient of the Military Officers Association of America (MOAA) Distinguished Service Award for its continued support of the military. The company was No. 1 on the GI Jobs list of Top 25 Most Military Friendly Employers for 2004.

Since the beginning of Operation Enduring Freedom and Operation Iraqi Freedom, The Home Depot has had as many as 1,800 of its associates called to active duty. The corporation has extended and enhanced leave of absence benefits for each of its deployed associates.

Founded in 1978, The Home DepotÒ is the world’s largest home improvement specialty retailer and the second largest retailer in the United States, with fiscal 2004 sales of $73.1 billion. The company employs approximately 325,000 associates and has 1,913 stores in 50 states, the District of Columbia, Puerto Rico, 10 Canadian provinces and Mexico. The company recently announced the creation of a business development operation for retail expansion into China. The Home Depot has been recognized by Fortune as the No. 1 Most Admired Specialty Retailer for 2005. Its stock is traded on the New York Stock Exchange (NYSE:HD) and is included in the Dow Jones Industrial Average and Standard & Poor’s 500 Index.


For more information, contact:
Karen Haggerty
The Home Depot
(770) 384-3686
karen_haggerty@homedepot.com