Best Buy Issues Open Letter Inviting U.S. Small Businesses To Join Its Affiliate Program

Dear Affiliates,

Best Buy is aware of the uncertainty you are facing in this current economic environment. We know that some companies are reviewing their affiliate programs as activity increases in specific states considering e-fairness legislation. This legislation requires online-only retailers who utilize affiliates to collect sales tax due on purchases by residents in those states. Best Buy collects and remits sales tax, including from bestbuy.com, our online business.

We recognize that many of you are participating in multiple affiliate programs, and some of your partnerships may be terminated by some online sellers who wish to avoid obligations that require them to collect sales tax. We want you to know that the Best Buy affiliate program is not impacted by this legislation as we already collect and remit sales taxes in all states where they are due, and we remain committed to our thousands of small business affiliates across the country.

The appetite for purchasing consumer electronics online remains strong, and we expect it to continue to grow. We encourage you to visit our Best Buy affiliate program online if you are interested in joining our program.

Sincerely,

John Thompson

Senior Vice President, General Manager

Bestbuy.com

About Best Buy Co., Inc.

With operations in the United States, Canada, Europe, China, Mexico and Turkey, 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 $49 billion in annual revenue and includes brands such as Best Buy; Best Buy Mobile; Audiovisions; The Carphone Warehouse; Future Shop; Geek Squad, Jiangsu Five Star; Magnolia Audio Video; Napster; Pacific Sales; and The Phone House. Approximately 180,000 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 Best Buy does business. In fiscal 2010, Best Buy donated a combined $25.2 million to improve the vitality of the communities where their employees and customers live and work.

For more information about Best Buy, visit www.bby.com.