EXHIBIT 15.1
[DELOITTE & TOUCHE LLP LETTERHEAD]
July 19, 1999
Lowe's Companies, Inc.
Post Office Box 1111
North Wilkesboro, NC 28656
We have made a review, in accordance with standards established by the American
Institute of Certified Public Accountants, of the unaudited interim financial
information of Lowe's Companies, Inc. and subsidiaries for the periods ended
April 30, 1999 and May 1, 1998, as indicated in our reports dated May 11, 1999
and May 12, 1998, respectively; because we did not perform an audit, we
expressed no opinion on that information.
We are aware that our reports referred to above, which were included in your
Quarterly Reports on Form 10-Q for the quarters ended April 30, 1999 and May 1,
1998, are being used in this Registration Statement.
We also are aware that the aforementioned reports, pursuant to Rule 436(c) under
the Securities Act of 1933, are not considered a part of the Registration
Statement prepared or certified by an accountant or a report prepared or
certified by an accountant within the meaning of Sections 7 and 11 of that Act.
/s/ Deloitte & Touche LLP
Charlotte, North Carolina