Ms. Valerie Gonzalo reports

LOWE'S GUARANTEES RONA'S OBLIGATIONS UNDER ITS OUTSTANDING PREFERRED SHARES AND DEBENTURES

Lowe's Companies Inc. has provided guarantees of the obligations of Rona Inc. under Rona's outstanding cumulative five-year rate-reset Series 6 Class A preferred shares and cumulative floating-rate Series 7 Class A preferred shares, as well as Rona's 5.4-per-cent debentures due Oct. 20, 2016.

The full text of the guarantees have been filed with the Canadian securities regulators and are available on Rona's profile on SEDAR. As a result and in accordance with applicable securities laws and exemptions therefrom, Rona will satisfy its continuous disclosure requirements and other related reporting requirements going forward by filing copies of all disclosure and financial reporting documents Lowe's is required to file with the U.S. Securities and Exchange Commission under the Securities Exchange Act of 1934, as well as certain prescribed summary financial information for Rona, on Rona's profile on SEDAR, and it will no longer be required to file full quarterly and audited annual financial statements in respect of Rona.