MINNEAPOLIS-June 15, 2011--The board of directors of Best Buy Co., Inc. (NYSE:BBY) has authorized payment of a regular quarterly cash dividend of 15 cents per common share. The quarterly dividend is payable on July 26, 2011, to shareholders of record as of the close of business on July 5, 2011. The company had 377,962,932 shares of common stock issued and outstanding as of May 28, 2011.

About Best Buy Co., Inc.
Best Buy Co., Inc. (NYSE: BBY) is a leading multi-channel global retailer and developer of technology products and services. Every day our employees - 180,000 strong - are committed to helping deliver the technology solutions that enable easy access to people, knowledge, ideas and fun. We are keenly aware of our role and impact on the world, and we are committed to developing and implementing business strategies that bring sustainable technology solutions to our consumers and communities. For information about Best Buy, visit www.bby.com.

Investor Contacts:
Bill Seymour, Vice President, Investor Relations
(612) 291-6122 or [email protected]

Adam Hauser, Director, Investor Relations
(612) 291-4446 or [email protected]

Mollie O'Brien, Director, Investor Relations
(612) 291-7735 or [email protected]

Media Contacts:
Susan Busch, Senior Director, Public Relations
(612) 291-6114 or [email protected]

Lisa Hawks, Director, Public Relations
(612) 291-6150 or [email protected]