The Home Depot Pays Tribute to Military Personnel by Offering a 10 Percent Memorial Day Weekend Discount

ATLANTA, May 22 /PRNewswire-FirstCall/ -- The Home Depot(R), the world's largest home improvement retailer, today announced that the Company is offering all active duty personnel, reservists, retired military, veterans and their families a 10 percent discount off their purchases in honor of Memorial Day. The offer is valid on purchases of up to $2,000 for a maximum of $200 between May 24 and May 28, 2007, at The Home Depot stores, The Home Depot Landscape Supply(R) locations and EXPO Design Center(R) locations.

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"The Memorial Day discount is an important way for our company to say thanks to the brave men and women who have served and currently serve in our armed forces," said Frank Blake, chairman & CEO of The Home Depot. "This holiday honors these heroic Americans and recognizes the tremendous sacrifices they make to protect our nation, and we at The Home Depot are proud to show our appreciation."

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. Details and exceptions are printed on the coupon.

The discount offer extends the Company's overall commitment to supporting the military community. In March, The Home Depot donated $1 million to the United Service Organizations (USO(R)) for the construction of new USO centers and the ongoing maintenance and capital upkeep of existing facilities. Last year, The Home Depot was recognized as the Disabled American Veterans Largest Employer of the Year, and with The President's National Hire Veterans Committee Chairman's Award.

Other examples of The Home Depot's commitment to the U.S. military include the launch of Project Homefront in 2003, through which The Home Depot donated $1 million and 1 million volunteer hours to help military families with home repairs while their loved ones were deployed. In July 2004, a $1 million donation in tools and supplies was made to support U.S. troops in the rebuilding effort in Iraq.

In September 2004, The Home Depot joined forces with the U.S. departments of Defense, Labor and Veterans Affairs to launch Operation Career FrontSM, an unprecedented program designed to provide career opportunities for America's military personnel interested in transferring their unique skills, knowledge and abilities into a successful second career. That year the Company was honored with the No. 1 ranking in G.I. Jobs magazine's Top 10 Employers for Military Personnel and in 2005 received the No. 4 ranking. From 2003 to 2007, The Home Depot has hired more than 60,000 former military personnel.

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. Beyond making sure these associates have a meaningful job when they return home, The Home Depot equalizes pay between associates' military salary and their potential salary at The Home Depot. Health benefits also are extended to all deployed associates and members of their families.

In 2005, The Home Depot received several commendations for the Company's military programs, including a Distinguished Service Award from the Military Officers Association of America(R) (MOAA(R)); a USO Patriot Award from the United Service Organizations (USO(R)) Council of Georgia; a Most Distinguished American Award from the Marine Corps Law Enforcement Foundation; a Most Supportive Employer Award for The Home Depot Canada from the Canadian Forces Liaison Council; and a commendation for support of active duty, national guard and reserve military personnel through the Project Homefront initiative from The American Legion(R).

The Home Depot(R) is the world's largest home improvement specialty retailer, with 2,177 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, 10 Canadian provinces, Mexico and China. Through its HD Supply(SM) businesses, The Home Depot is also one of the largest diversified wholesale distributors in the United States, with nearly 1,000 locations in the United States and Canada offering products and services for building, improving and maintaining homes, businesses and municipal infrastructures. In fiscal 2006, The Home Depot had sales of $90.8 billion and earnings of $5.8 billion. The Company employs approximately 364,000 associates. The Home Depot's stock is traded on the New York Stock Exchange and is included in the Dow Jones industrial average and Standard & Poor's 500 index. HDG