ATLANTA, May 28 /PRNewswire-FirstCall/ -- The Home Depot(R) (NYSE: HD), the world's largest home improvement retailer, today announced that its board of directors declared a first quarter cash dividend of 22.5 cents per share. The dividend is payable on June 25, 2009 to shareholders of record on the close of business on June 11, 2009. This is the 89th consecutive quarter the Company has paid a cash dividend.

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The Home Depot is the world's largest home improvement specialty retailer, with 2,238 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 2008, The Home Depot had sales of $71.3 billion and earnings from continuing operations of $2.3 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.

SOURCE
The Home Depot

CONTACT:
Financial Community, Diane Dayhoff, Vice President of Investor Relations, +1-770-384-2666, diane_dayhoff@homedepot.com, or News Media, Paula Drake, Sr. Manager, Corporate Communications, +1-941-488-1289, paula_drake@homedepot.com, both of The Home Depot