Home Depot Secures $10B Credit Facility

Atlanta, GA, July 13, 2007--Home Depot said Lehman Brothers Commercial Paper Inc., Merrill Lynch Capital Corp. and other lenders have agreed to provide the company with a $10 billion credit facility.

In a Security and Exchange Commission filing, the home improvement retailer said the facility is in connection with its plan to repurchase up to 250 million shares of its common stock.

The credit facility will mature on Nov. 21, the company said.