1. Annual
Shareholder
Meeting
June 27, 2007

2. RICHARD M.
SCHULZE
Founder and
Chairman
Director since 1966
2

3. Agenda
• Election of Directors
• Ratification of
Appointment of
Deloitte & Touche LLP
• Amend 2004 Omnibus
Stock and Incentive
Plan
• Management
Presentation
• Q&A Session
3

4. Directors for Election
Elliot S. Kaplan Matthew H. Paull
Ronald James
Director and Secretary Director since 2003
Director since 2004
since 1971
4

5. Directors for Election
Hatim A. Tyabji
Richard M. Schulze Mary A. Tolan
James E. Press
Director since 1998
Director since 2006 Founder and Chairman Director since 2004
Director since 1966
5

6. Ratification of Director
Rogelio M. Rebolledo
Director since 2006
6

7. Director Voting Results
100%
80%
60%
40%
20%
0%
James Paull Schulze Tyabji
Tolan Rebolledo
Press
Kaplan
For Withheld
7

8. Auditor Voting Results
99%
0.20% 0.50%
For Against Abstain
8

9. Omnibus Voting Results
94%
5% 0.70%
For Against Abstain
9

10. Annual
Shareholder
Meeting
June 27, 2007

11. Brad Anderson
Vice Chairman and
Chief Executive
Officer
11

12. Safe Harbor
Cautionary Statement Pursuant to the Private
Securities Litigation Reform Act of 1995
This presentation may contain forward-looking statements,
which are subject to risk and uncertainty. A variety of
factors could cause our actual results to differ materially
from the anticipated results expressed in such forward-
looking statements, including, among other things, factors
listed in our Annual Report on Form 10-K filed with the
SEC on 5/02/07. That 10-K describes additional factors
that could cause actual results to differ materially from
those contemplated by the forward-looking statements
made in this presentation.
12

13. 13

14. Darren Jackson
Executive Vice
President – Finance
and Chief Financial
Officer
14

15. History of Growth
15%
Revenue Diluted EPS1
21%
CAGR
($ in billions)
$35.9
CAGR
$30.8
$27.4
$24.5
$20.9 $2.79
$2.27
$1.75
$1.44
$1.11
FY03 FY04 FY05 FY06 FY07
FY03 FY04 FY05 FY06 FY07
Pro-forma adjusted for FAS 123 expense
1
ROIC2 FY07 Results
+5 pts
22% 21%
20%
19% Total revenue growth 16%
16%
Comp revenue growth 5.0%
Operating income % +23 bps
Diluted EPS growth 23%
FY03 FY04 FY05 FY06 FY07
N. American market share 20%
152 FY03-FY05 are not adjusted for FAS 123 expense

16. Fiscal 2008
Annual Guidance:
First Quarter:
• Revenue of $7.9 billion • Revenue of $39 billion
• Comparable store sales • Comparable store sales
gain of 3.0% gain of 3% to 5%
• Gross profit rate decline • Nominal improvement in
operating income rate
• SG&A rate flat
• EPS of $2.95 to $3.15
• Repurchase $412 million
of common stock • 130 New stores:
– 95 United States
• Earnings per diluted
– 35 International
share decreased 17%
16

17. Investing for the Future
Core Business Growth Direct Shareholder
Opportunities Returns
• Acquisitions to provide new:
• New stores • $5.5 billion Stock
repurchase plan
– Capabilities
• Services
(Speakeasy) – $3.0 billion accelerated
• Pacific Sales
– Customers share repurchase
• Best Buy Mobile (Pacific Sales)
• Best Buy For Business – Markets • 30% dividend increase
(Future Shop)
– Vendor relationships
(Magnolia)
–Geographies
(Five Star)
Investing in growth and ROIC
17

18. Brian Dunn
President and Chief
Operating Officer
18

19. Technology is Not Just a Lifestyle…
It is the infrastructure of life.
Home Theater Systems
DVR Gaming System
Desktop
Notebook
Digital Camera
iPhone
Networking
Satellite Radio Phone
19

20. Customer Centricity: Our Growth Lens
Ne
ss
w
ne
C
i
us
us
B
t
om
re
Co
er
s
&
Fo
rm
Customer
at
s
Experience
New Markets
20

21. Future Growth
1,800
N. American New Store Runway
1,400
1,035
Today Goal New Goal
U.S. Best Buy Pacific Sales Canada: Future Shop/Best Buy
21

22. 22

23. Your
Questions
23