MINNEAPOLIS-March 4, 2013 --The board of directors of Best Buy Co., Inc. (NYSE:BBY) has authorized payment of a regular quarterly cash dividend of $0.17 cents per common share. The quarterly dividend is payable on April 11, 2013, to shareholders of record as of the close of business on March 21, 2013. The company had 338,275,674 shares of common stock issued and outstanding as of February 2, 2013.

Investor Contacts:

Bill Seymour, Vice President, Investor Relations

(612) 291-6122 or bill.seymour@bestbuy.com

Mollie O'Brien, Director, Investor Relations

(612) 291-7735 or mollie.obrien@bestbuy.com

Media Contacts:

Amy von Walter, Senior Director, Public Relations

(612) 291-4490 or amy.vonwalter@bestbuy.com