Home Depot News Update

THE HOME DEPOT AND NASCAR
ANNOUNCE CALL FOR NOMINATIONS FOR HUMANITARIAN AWARD

Award Recognizes Outstanding Community Service by Individual Within NASCAR Community

The Home Depot Humanitarian AwardsAtlanta, May 12, 2008 - The Home Depot®, the world's largest home improvement retailer and the official home improvement warehouse of NASCAR®, and The National Association for Stock Car Auto Racing (NASCAR) today announced the call for nominations for the second annual NASCAR Home Depot Humanitarian Award. The Humanitarian Award celebrates an individual within the NASCAR community who has shown extraordinary dedication to serving others and improving communities through meaningful service efforts.

Any active employee within the NASCAR industry - drivers, owners, team and track employees, licensees, media partners, and motorsports media - is eligible to receive the Humanitarian Award. Nominees will be assessed based on their community commitment and dedication; impact on the community; and charitable giving of their time and talents.

"Community service and giving back are fundamental values of The Home Depot - and like racing - are a passion for our associates," said John Ross, vice president of advertising for The Home Depot. "The NASCAR community shares our dedication to charitable giving and community service. The Humanitarian award allows us to recognize and thank a member of the NASCAR community for their efforts to help improve the lives of others."

To nominate an individual for the NASCAR Home Depot Humanitarian Award download an application and submit by Sept. 6, 2008. Nominations must include a brief description that details the individual's volunteer activities. The Humanitarian Award recipient will be selected by a special selection committee comprised of representatives from NASCAR, The Home Depot and motorsports media. The Humanitarian Award will be presented in conjunction with NASCAR's Champions Week Celebration.

"The entire NASCAR community - from our drivers to our fans - is dedicated to helping improve the lives of those less fortunate," said Marcus Jadotte, managing director of public affairs for NASCAR. "We're proud to continue our partnership with The Home Depot to recognize an individual in our sport for their community involvement."

The selection committee will identify three finalists to be honored for their community service efforts. The NASCAR Home Depot Humanitarian Award recipient will be announced at the NASCAR NMPA® Myers Brothers Awards luncheon in New York City in December. The Award winner will receive a $100,000 donation made by The Home Depot to the recipient's charity of choice and a specially-designed crystal award. The two finalists will each receive a $25,000 donation to their designated non-profit charity.

The NASCAR Home Depot Humanitarian Award was established in 2007. The inaugural Humanitarian Award winner was Don Miller, a former Penske Racing executive. Miller started the Stock-for-Tots program as a holiday event to collect toys and raise funds for Stop Child Abuse Now (SCAN), an organization whose mission is to continue to help and provide education, counseling and intervention programs for the prevention of child abuse and neglect. Since 1989, the event has raised more than $400,000 and distributed nearly 40,000 toys to children in North Carolina and is the largest annual fundraiser for SCAN.

THE HOME DEPOT
The Home Depot® is the world's largest home improvement specialty retailer, with 2,257 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces, Mexico and China. In fiscal 2007, The Home Depot had sales of $77.3 billion and earnings from continuing operations of $4.2 billion. The Company employs more than 300,000 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.

NASCAR
The National Association for Stock Car Auto Racing, Inc. (NASCAR), celebrating 60 years in 2008, is the sanctioning body for one of North America's premier sports. NASCAR is the No. 1 spectator sport - holding 17 of the top 20 highest attended sporting events in the U.S., and is the No. 2 rated regular-season sport on television. NASCAR races are broadcast in more than 150 countries and in more than 30 languages. NASCAR fans are the most brand loyal in all of sports, and as a result more Fortune 500 companies participate in NASCAR than any other sport.

NASCAR consists of three national series (the NASCAR Sprint Cup Series, NASCAR Nationwide Series, and NASCAR Craftsman Truck Series), four regional series, and one local grassroots series, as well as two international series. NASCAR sanctions more than 1,200 races at 100 tracks in more than 30 U.S. states, Canada and Mexico. Based in Daytona Beach (Fla.), NASCAR has offices in New York, Los Angeles, Charlotte (N.C.), Concord (N.C.), Conover (N.C.), Bentonville (Ark.), Mexico City, and Toronto.

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