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Best Buy Customers Invited to Donate Online, In Stores for Hurricane Relief; Donations Being Accepted for American Red Cross Disaster Relief Fund

Best Buy Customers Invited to Donate Online, In Stores for Hurricane Relief; Donations Being Accepted for American Red Cross Disaster Relief Fund

Published 10-25-05

Submitted by Best Buy Company, Inc.

MINNEAPOLIS--(BUSINESS WIRE)--Oct. 25, 2005--Best Buy is again accepting donations to the American Red Cross Disaster Relief Fund, in support of victims of the latest natural disasters, including Hurricane Wilma. The public can make register donations at any of more than 700 U.S. Best Buy stores, in any dollar amount, or online at www.BestBuy.com; no purchase is necessary. Donations will be accepted through November 30, 2005.

"The outpouring of support for disaster relief over the past two months has been overwhelming, but the need to support the Red Cross in its relief efforts continues," said Paula Prahl, vice president, public affairs, Best Buy. "We know our employees and customers still want to help those affected by these natural disasters, and we want to make it easy for them."

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.

In fiscal 2005, 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. Best Buy works with the Red Cross to provide support in times of disaster, including a donation of more than $2 million in fiscal 2006 for its Disaster Relief Fund. Additionally, Best Buy earmarked $8 million to help "reboot and rebuild" schools damaged, destroyed, or overcapacity after Hurricanes Katrina and Rita. The company also connects with the United Way to meet local community needs, 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 http://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 870 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.

Copyright Business Wire 2005

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Best Buy Company, Inc.

Best Buy Company, Inc.

Giving back to our communities is central to the way we do business at Best Buy. Whether it’s funding innovative programs that make learning fun for kids, providing te@ch awards to K-12 schools each year, supporting the United Way and American Red Cross, or mobilizing TagTeam volunteers throughout the country, we are privileged to help strengthen our communities.

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