CORPORATE CAMPUS
Best Buy Co., Inc.
7601 Penn Avenue South
Richfield, MN 55423-3645
Phone: (612) 291-1000

INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Deloitte & Touche LLP (fiscal 2006)
Ernst & Young LLP (fiscal 2005 and fiscal 2004)

GENERAL COUNSEL
Robins, Kaplan, Miller
& Ciresi L.L.P.

ANNUAL SHAREHOLDERS’ MEETING
June 21, 2006, 9:30 a.m. (CDT)
Best Buy Corporate Campus—Theater

If you have a proposal for a future meeting, please send it to Joseph M Joyce, senior vice president—general counsel and assistant secretary, at the company's corporate campus in Richfield, Minn. The deadline for proposals to be considered at the 2007 regular meeting of shareholders is Jan. 17, 2007. More details are included in Best Buy's proxy statement.

GENERAL INFORMATION
Shareholders may access Best Buy’s SEC filings, annual reports and quarterly financial results by visiting the company's Web site, www.BestBuy.com. Scroll toward the bottom of the page and select “For Our Investors.” A Web-based e-mail notification system also is available under “E-mail Alerts” to alert subscribers to new financial releases, SEC filings, upcoming events and other significant postings.

You also may visit our Web site to obtain product information, company background information, current news and financial information and our corporate social responsibility report. Or, contact:

Best Buy Co., Inc.—Investor Relations
Jennifer Driscoll, Vice President
Charles Marentette, Senior Director
Carla Haugen, Director
7601 Penn Avenue South
Richfield, MN 55423-3645
Phone: (612) 291-6147

Site created by: The Nancekivell Group

TRANSFER AGENT
For questions regarding your stock certificates—such as lost certificates, name changes and transfers of ownership— please contact our transfer agent:

Computershare Trust Company, N.A.
P.O. Box 43078
Providence, RI 02940-3078
Phone: (877) 498-8861 or
(781) 575-2879
Hearing impaired: (800) 952-9245
www.computershare.com

DIVIDEND POLICY
We pay a quarterly cash dividend to holders of common shares. The quarterly rate was 8 cents per common share at the end of fiscal 2006.

Stock Split History
Best Buy's stock has split eight times in the company's history.

DIRECT STOCK PURCHASE PLAN
You may purchase Best Buy’s common stock and/or elect to reinvest your dividends directly through the company's transfer agent. To obtain information on the plan or to enroll:

By Mail:
Computershare Investment Plan
for Best Buy
c/o Computershare
P.O. Box 43081
Providence, RI
02940-3081
By Phone: (877) 498-8861

By Internet: Go to www.BestBuy.com.
Scroll toward the bottom of the page, select “For Our Investors” and then “Direct Stock Purchase Plans.”

FINANCIAL RELEASES
FOR FISCAL 2007
Quarterly earnings releases normally are distributed at 8:00 a.m., Eastern Time. Quarterly earnings conference calls normally are scheduled at 10:00 a.m., Eastern Time. Best Buy does not expect to host a conference call in conjunction with the release of December revenue results.

SHAREHOLDERS AT A GLANCE
As of February 25, 2006, the percentage of shares beneficially held by directors and executive officers (28 people) was 18 percent. Founder and Chairman Richard M. Schulze held 76 million shares beneficially (16 percent of shares outstanding).

As of December 31, 2005, the number of institutional shareholders was 618. The percentage of shares held by institutions was 77.1 percent. The top institutional shareholders were:*

Capital Research &
Management Company
84.6 million shares

Fidelity Management & Research Company
28.9 million shares

Barclays Global Investors
13.6 million shares

Goldman Sachs & Company
12.7 million shares

State Street Global Advisors
11.8 million shares

*Source: FactSet Research Systems, Inc.