Press Release: Best Buy Increases Match of Red Cross Customer Donations to $2 Million; Customers Donate More Than $1 Million in Six Days - and Best Buy Matches It - for Hurricane Disaster Relief Fund


Sept. 7, 2005--Best Buy has expanded its matching program for customer donations to the American Red Cross Disaster Relief Fund in support of victims of Hurricane Katrina. Since launching the match program Sept. 1, customers of Best Buy donated nearly $1 million in six days through the registers at more than 690 Best Buy stores across the nation alone.

The public can donate at any U.S. Best Buy store register in any dollar amount, or online at www.BestBuy.com; no purchase is necessary. Donations will be accepted through September 30, 2005. The Best Buy Children's Foundation will match donations up to $2 million.
About Best Buy's Community Commitment
As a community partner, Best Buy works to encourage ideas and to confront challenges. Through its many philanthropic activities, Best Buy extends its support in times of celebration and in times of need. Last year Best Buy and the Best Buy Children's Foundation donated $19 million to its communities (approximately 1.5 percent of its prior fiscal year's pretax earnings). The company encourages local volunteerism by providing charitable gifts to organizations where employees volunteer, awards annual scholarships to graduating high-school seniors, and supports schools using technology to enhance learning through the Best Buy te@ch program. The company also connects with the United Way to meet local community needs, works with the Red Cross to provide support in times of disaster, and supports national organizations innovatively using technology in youth education. In addition, Best Buy is committed to environmental responsibility. Last year, the company collected and recycled nearly 1 million pounds of used and obsolete electronic items though special mass collection events and everyday collection of cellular phones, ink jet cartridges and rechargeable batteries. For more information about Best Buy's community relations efforts, visit www.BestBuy.com/CommunityRelations.
About Best Buy Co., Inc.
Best Buy Co., Inc. (NYSE:BBY) is an innovative Fortune 100 growth company that continually strives to create superior customer experiences. Through more than 840 retail stores across the United States and in Canada, our employees connect customers with technology and entertainment products and services that make life easier and more fun. We sell consumer electronics, home-office products, entertainment software, appliances and related services. A Minneapolis-based company, our operations include: Best Buy (BestBuy.com and BestBuy.ca), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com and GeekSquad.ca) and Magnolia Audio Video (Magnoliaav.com). We support our communities through employee volunteerism and grants from The Best Buy Children's Foundation.

Posted: Wed - September 7, 2005 at 03:40 PM          

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