The Home Depot Names Brian C. Cornell to Its Board of Directors



    ATLANTA, Jan. 18 /CNW/ -- The Home Depot(R), the world's largest home
improvement retailer, today announced the appointment of Brian C. Cornell, 48,
to its board of directors.  Mr. Cornell is the chief executive officer of
Michaels Stores, Inc., North America's largest specialty retailer of arts,
crafts, framing, floral, wall decor and seasonal merchandise for the hobbyist
and do-it-yourself home decorator.
    
    (Logo: http://www.newscom.com/cgi-bin/prnh/20030502/HOMEDEPOTLOGO )
    
    Mr. Cornell has more than 25 years of experience in consumer products
marketing and general management.  Prior to joining Michaels in June 2007, he
served as the executive vice president and chief marketing officer of Safeway,
Inc. where he was responsible for the company's marketing, merchandising,
manufacturing and distribution operations as well as the on-line home delivery
business.  In 2005, Mr. Cornell was recognized by Supermarket News as the
Marketer of the Year, and Safeway was named Retailer of the Year in 2006 by
Grocery Headquarters magazine.
    Before his time at Safeway, Mr. Cornell served as president of Pepsi-Cola
North America's Food Services Division, regional president of PepsiCo's
European/African beverage business and president of Tropicana Products
International.  He also currently serves on the Board of Directors of
OfficeMax.
    "We are extremely pleased to have a business leader like Brian join our
board," said Frank Blake, chairman & CEO.  "He brings tremendous experience
and insight to our board and to our business."
    With today's announcement, The Home Depot's board currently consists of
14 members, with 13 of them being outside directors.
    The Home Depot(R) is the world's largest home improvement specialty
retailer, with 2,234 retail stores in all 50 states, the District of Columbia,
Puerto Rico, U.S. Virgin Islands, 10 Canadian provinces, Mexico and China. In
fiscal 2006, The Home Depot had sales from continuing operations of $79.0
billion and earnings from continuing operations of $5.3 billion. The Company
employs approximately 350,000 associates. The Home Depot's 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.  HDG




For further information:

For further information: Financial Community, Diane Dayhoff, Sr. Vice 
President of Investor Relations, +1-770-384-2666, 
diane_dayhoff@homedepot.com, or Media, Paula Drake, Sr. Manager - Corporate 
Communications, +1-941-488-1289, paula_drake@homedepot.com, both of The Home 
Depot Web Site: http://www.homedepot.com


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