Best Buy Unveils Five-Year Corporate Citizenship Aspirations Intended to Align Growth...

Best Buy Unveils Five-Year Corporate Citizenship Aspirations Intended to Align Growth Goals with Social, Environmental Accountability

Fiscal 2008 corporate responsibility report now available
MINNEAPOLIS--(Business Wire)--
Best Buy Co., Inc. (NYSE:BBY) is pleased to announce that its
fiscal 2008 corporate responsibility report is now available for
download at http://www.bestbuyinc.com/corporate_responsibility. This
report is one of the company's first steps toward its
newly-established, five-year aspirations for corporate citizenship,
and provides a preliminary overview of the programs that it expects
will help drive the social and environmental accountability of the
retailer while it continues to grow.

The company has focused its energy around corporate citizenship as
a common denominator with its customer-centric business model and its
goals for growth. The aspirations point to where Best Buy projects its
business and operations will be five years from now, and are intended
to help guide daily decision-making across brands and operations:

1. A global champion for human ingenuity and opportunity - Best
Buy employees expect to provide leadership for our industry, our
customers and our communities worldwide.

2. A global advocate for consumers in the world of technology -
Best Buy intends to deliver consumer electronics products and services
to more people than any other company in the world.

3. Environmentally and socially accountable for all brands and
business operations worldwide

"As we plan growth for our business and market share in the coming
years, worldwide, we must take responsibility for our business, and
consider our social and environmental impact," said Paula Prahl,
senior vice president, communications, public affairs, and corporate
responsibility. "We know these aspirations are very broad, but we are
approaching them strategically through our existing customer-centric
business model. We believe we have a clear idea of what corporate
citizenship means to Best Buy, and we intend to reach these
aspirations through the contributions of every function, every
operation, and every employee around the world."

The fiscal 2008 report includes examples of how Best Buy is
intending to institute changes and plans to make investments that will
make the company more socially and environmentally responsible. Visit
http://www.bestbuyinc.com/corporate_responsibility to download.

Best Buy's Forward-Looking and Cautionary Statements:

This news release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995
as contained in Section 27A of the U.S. Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 that reflect Best
Buy management's current views and estimates regarding future market
conditions, company performance and financial results, business
prospects, new strategies, the competitive environment and other
events. You can identify these statements by the fact that they use
words such as "anticipate," "believe," "estimate," "expect," "intend,"
"project," "plan," "outlook," and other words and terms of similar
meaning. These statements involve a number of risks and uncertainties
that could cause actual results to differ materially from the
potential results discussed in the forward-looking statements. Among
the factors that could cause actual results and outcomes to differ
materially from those contained in such forward-looking statements are
the following: general economic conditions, acquisitions and
development of new businesses, divestitures, product availability,
sales volumes, pricing actions and promotional activities of
competitors, profit margins, weather, changes in law or regulations,
foreign currency fluctuation, availability of suitable real estate
locations, Best Buy's ability to react to a disaster recovery
situation, and the impact of labor markets and new product
introductions on overall profitability. A further list and description
of risks, uncertainties and other matters can be found in Best Buy's
annual report and other reports filed from time to time with the U.S.
Securities and Exchange Commission ("SEC"), including, but not limited
to, Best Buy's Annual Report on Form 10-K filed with the SEC on April
30, 2008. Best Buy cautions that the foregoing list of important
factors is not complete and assumes no obligation to update any
forward-looking statement that it may make.

About Best Buy Co., Inc.

With operations in the United States, Canada, Europe and China,
Best Buy Co., Inc. (NYSE:BBY) is a multinational retailer of
technology and entertainment products and services with a commitment
to growth and innovation. The Best Buy Co., Inc. family of brands and
partnerships collectively generates more than $40 billion annual
revenue and includes brands such as Best Buy, Audiovisions, The
Carphone Warehouse, Future Shop, Geek Squad, Jiangsu Five Star,
Magnolia Audio Video, Pacific Sales Kitchen and Bath Centers, and
Speakeasy. Approximately 150,000 employees apply their talents to help
bring the benefits of these brands to life for customers
through retail locations, multiple call centers and web sites, in-home
solutions, product delivery and in our communities. Community
partnership is central to the way we do business at Best Buy. In
fiscal 2008, we donated a combined $31.8 million to improve the
vitality of the communities where our employees and customers live and
work. For more information about Best Buy Co., Inc., visit
www.bestbuyinc.com.

Best Buy Co., Inc.
Kelly Groehler, 612-291-6115
kelly.groehler@bestbuy.com
or
Weber Shandwick
Joe Ganley, 617-520-7016
joe.ganley@webershandwick.com

Copyright Business Wire 2008