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Best Buy Announces Results of Teen-Led Charitable Giving Program

MINNEAPOLIS, May 8, 2009 – Best Buy Co., Inc. (NYSE:BBY) today announced the results of the first-ever @15 Change Exchange, which gives teens the chance to direct $1 million to nonprofits in 2009 by earning points for participating in activities on www.at15.com. The first quarter session of the Change Exchange ended April 30, 2009. More than 500 teen members of www.at15.com allocated their points among four featured nonprofit partners. Based on these point allocations, each nonprofit receives a share of $250,000 from the @15 Fund. Here are the first quarter results:

Project Girl: 441,830 points (41%) = $103,530.97

Genesys Works: 436,880 points (41%) = $102,371.07

Communities in Schools: 62,904 points (6%) = $14,739.86

Mercy Corps - Global Citizen Corps: 125,289 points (12%) = $29,358.10

Over the course of the first quarter, more than 113,000 unique visitors engaged with @15, showing the willingness of teens to be involved in charitable giving. “The @15 Change Exchange is an investment in this country’s next generation of leaders – an investment that will pay dividends for all of us.” said Brian J. Dunn, president and COO, Best Buy Co., Inc. “Coupled with the efforts, enthusiasm and creativity of our charity partners, the Change Exchange empowers teens with the tools they need to drive change and make a difference in their communities.”

@15 is open to all teens, ages 13-18, in the United States. Members on www.at15.com earn Change Exchange points by participating in activities such as creating a profile, taking the quarterly @15 IMO survey, inviting a friend to @15 or writing a blog post on a key issue. Each quarter, teens’ points will be converted into real donation dollars up to $250,000, and participants will be invited to donate their dollars to one of four nonprofit partner organizations focused on social change. The power (and the money) is truly in teens’ hands.

The second round of the Change Exchange began on May 1 and four new charity partners have been announced. See www.at15.com for full details.

About @15
Best Buy believes in the power of teens, and @15 is a new platform to connect with them, give voice to their perspectives, and invest our resources – including the energy and talents of our employees – to turn their ideas into action and support their efforts to lead social change. Teens bring passion and enthusiasm to tackling tough issues. They’re also important to our business – they shop in our stores, and they’re our future employees. There’s a real opportunity to listen to – and learn from – what teens have to say. And through the @15 Fund, we’ll put the philanthropic power of @15 directly into their hands. To learn more, visit www.at15.org.

About Best Buy Co., Inc.
With operations in the United States, Canada, Europe, and China, Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. The Best Buy 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, Napster, Pacific Sales Kitchen and Bath Centers, The Phone House and Speakeasy. Approximately 165,000 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 activities 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, visit www.bestbuyinc.com.

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