Best Buy CHILDREN’S FOUNDATION Announces National Sponsorship of RACE: Are We So Different TM Exhibit
Thousands expected to visit groundbreaking exhibit as it tours the U.S. through 2010

MINNEAPOLIS (July 11, 2007) – The Best Buy Children’s Foundation announces its national sponsorship of RACE: Are We So Different TM, a three-year project created by the American Anthropological Association in collaboration with the Science Museum of Minnesota, and funded by the Ford Foundation and the National Science Foundation.

The mission of the RACE exhibit is to inform the national dialogue on race by encouraging people to explore the science, history and everyday impact of this provocative subject on our society.

“We are proud to be the national sponsor of the RACE exhibit,” said Brad Anderson, Vice Chairman and CEO of Best Buy. “At Best Buy, we respect and value the individuality of our employees and customers. Our ability to grow depends on our ability to leverage the diverse strengths, perspectives and experiences of all of our stakeholders. We are pleased to support diversity efforts in our communities by providing them with opportunities to experience the RACE exhibit.”

RACE is the first nationally traveling exhibition to tell the stories of race from the biological, cultural and historical points of view. It premiered in January 2007 at the Science Museum of Minnesota and, with the support of Best Buy’s sponsorship, will visit an additional 12 museums across the country through 2010.

“This exhibit offers its visitors a powerful experience,” said Robert Garfinkle, the Science Museum’s Program Director for Special Projects. “We hope its content will challenge people in communities across the country to increase the quantity – and the quality – of their conversations about race and racism and the experiences they’ve had in their lives.”

In addition to the exhibit, the initiative includes a Web site (www.understandingRACE.org), educational materials and conferences designed to share research and information with the public.

“We appreciate the important role Best Buy has taken in its sponsorship of RACE,” said Alan Goodman, president of the American Anthropological Association. “It is our hope that this exhibit will foster greater dialogue in our country on the issue of race; and encourage more corporations to follow Best Buy’s lead in supporting similar initiatives across the country.”

RACE debuted in January at the Science Museum of Minnesota. The exhibit will also be in Detroit, Wichita, Kan., Jersey City, N.J., Mashantucket, Conn., Cleveland, Cincinnati, Philadelphia, Pittsburgh, St. Louis, Washington, D.C., Kalamazoo, Mich. and Boston.

About the Best Buy 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 2006, Best Buy and the Best Buy Children’s Foundation donated $30 million to its communities. 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 Teach Award program. Best Buy works with the Red Cross to provide support in times of disaster. 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 www.BestBuy.com/CommunityRelations.

About Best Buy Co., Inc.
Best Buy Co., Inc. (NYSE:BBY) operates a global portfolio of brands with a commitment to growth and innovation. Our employees strive to provide customers around the world with superior experiences by responding to their unique needs and aspirations. We sell consumer electronics, home-office products, entertainment software, appliances and related services through more than 1,150 retail stores across the United States, throughout Canada and in China. Our multi-channel operations include: Best Buy (BestBuy.com, BestBuy.ca and BestBuy.com.cn), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com and GeekSquad.ca), Pacific Sales Kitchen and Bath Centers (PacificSales.com), Magnolia Audio Video (Magnoliaav.com) and Jiangsu Five Star Appliance Co. (Five-Star.cn). Best Buy supports the communities in which its employees work and live through volunteerism and grants that benefit children and education.
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