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The Home Depot Reports Will Implement Majority Vote Measures

The Home Depot, the world's largest home improvement retailer, released the final voting results for proposals presented at its 2006 annual meeting of shareholders.

As stated in its first quarter fiscal 2006 form 10Q filed with the Securities and Exchange Commission, all directors were elected to one-year terms and KPMG LLP was ratified as the Company's public accounting firm. The shareholder proposal that requested election of directors by majority vote was approved by 56 percent. The company said it has agreed to implement majority vote measures in advance of the 2007 annual meeting.

The Home Depot said it would return to its previous format for its 2007 annual meeting of shareholders.



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