U.S. Best Buy Stores to Accept Red Cross Donations for Hurricane Victims

Business Wire, Sept 3, 2008

Best Buy to Match Customer Donations up to $1 Million

MINNEAPOLIS -- Beginning September 3, Best Buy stores across the nation will accept cash donations for the American Red Cross Disaster Relief Fund to support those impacted by Hurricane Gustav and in anticipation of the support needed to recover from Hurricane Hannah. The public can donate at any U.S. Best Buy store register in any dollar amount; no purchase is necessary. Donations will be accepted through September 30, 2008. Best Buy will match donations up to $1 million. To locate a store near you, visit www.bestbuy.com.

"Our hearts are with those who are trying to recover from Hurricane Gustav's devastation and preparing for Hurricane Hannah," said Paula Prahl, senior vice president -- communications, public affairs and corporate responsibility, Best Buy, Co., Inc. "We are committed to supporting our communities, especially as they deal with difficult times and disasters. Making it easy for our employees and customers to join this effort and donate to the American Red Cross will help us provide shelter, food, counseling and other assistance to those impacted by the hurricanes."

Best Buy currently has eight stores in Louisiana closed due to Hurricane Gustav; all employees in the area are accounted for.

Best Buy employees and customers consistently demonstrate generosity in times of need. In response to Hurricane Katrina in 2005, customers donated $1.9 million to the Red Cross through Best Buy store registers and Best Buy matched the donation with $2 million. In fiscal 2008, Best Buy donated a combined $31.8 million through corporate giving programs, the Best Buy Children's Foundation, and employee-directed donations to improve the vitality of the communities where our employees and customers live and work.

About Best Buy Co., Inc.

With operations in the United States, Canada, Europe and China, Best Buy Co., Inc. (NYSE: BBY) is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. The Best Buy Co., Inc. family of brands and partnerships collectively generates more than $40 billion annual revenue and includes brands such as Best Buy, Audiovisions, The Carphone Warehouse, Future Shop, Geek Squad, Jiangsu Five Star, Magnolia Audio Video, Pacific Sales Kitchen and Bath Centers, and Speakeasy. Approximately 150,000 employees apply their talents to help bring the benefits of these brands to life for customers through retail locations, multiple call centers and web sites, in-home solutions, product delivery and in our communities. Community partnership is central to the way we do business at Best Buy. In fiscal 2008, we donated a combined $31.8 million to improve the vitality of the communities where our employees and customers live and work. For more information about Best Buy Co., Inc., visit www.bestbuyinc.com.