Best Buy Announces Regular Quarterly Cash Dividend

August 22, 2012

MINNEAPOLIS-August 22, 2012 --The board of directors of Best Buy Co., Inc. (NYSE:BBY) has authorized payment of a regular quarterly cash dividend of 17 cents per common share. The quarterly dividend is payable on October 2, 2012 to shareholders of record as of the close of business on September 11, 2012. The company had 336,529,732 shares of common stock issued and outstanding as of August 4, 2012.

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 - 167,000 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

Investor Contacts:

Bill Seymour, Vice President, Investor Relations

(612) 291-6122 or

Adam Hauser, Director, Investor Relations

(612) 291-4446 or

Mollie O'Brien, Director, Investor Relations

(612) 291-7735 or

Media Contacts:

Matt Furman, Senior Vice President, Communications & Public Affairs

(612) 291-3695 or

Susan Busch, Senior Director, Public Relations

(612) 291-6114 or

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