Target Corporation and Amazon Enterprise Solutions Extend E-Commerce Agreement to 2010

MINNEAPOLIS & SEATTLE--(BUSINESS WIRE)--July 18, 2006--Target Corporation (NYSE:TGT) and Amazon Enterprise Solutions today announced that they have extended their e-commerce relationship to August 2010. This revised agreement extends by two years the existing alliance and reflects the strength and strategic alignment of the partnership between Target and Amazon Enterprise Solutions. Under the terms of the amended agreement, Amazon Enterprise Solutions will continue to provide a comprehensive e-commerce technology solution in addition to providing portions of Target.com's order fulfillment and guest services operations in exchange for fixed and variable fees.

"Through our association with Amazon Enterprise Solutions, Target has enjoyed tremendous growth and provided our guests with a superior online shopping experience," said Dale Nitschke, president of Target.com. "We are pleased that Target will be able to remain focused on our core strengths of merchandising and design, while continuing to benefit from Amazon's innovation and expertise."

"Target has been a terrific partner over the past six years and we are pleased that they chose to extend our agreement," said Wes Herman, vice president of Amazon Enterprise Solutions. "We look forward to continuing our work to invent innovative solutions that make the shopping experience on Target.com the best it can be for their guests."

About Target

Target Corporation's operations include large, general merchandise discount stores and a fully integrated on-line business through which we offer a fun and convenient shopping experience with thousands of highly differentiated and affordably priced items. The company gives back more than $2 million each week to its local communities through grants and special programs. The company currently operates 1,418 Target stores in 47 states. Forward-looking statements in this release should be read in conjunction with the cautionary statements in Exhibit (99)C to the company's 2005 Form 10-K. Target Corporation news releases are available at www.target.com.

About Amazon Enterprise Solutions Amazon Enterprise Solutions works with retailers to help grow their online and multi-channel businesses. By working with Amazon Enterprise Solutions, retailers can combine their own brands with the e-commerce expertise, proven technology, and operational infrastructure of Amazon to create a world-class online shopping experience for their customers. Amazon Enterprise Solutions is part of the Amazon.com, Inc. (NASDAQ:AMZN) group of companies.

Amazon Forward-Looking Statement

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, significant amount of indebtedness, inventory, limited operating history, government regulation and taxation, payments, fraud, consumer trends, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2005, and all subsequent filings.

CONTACT:

Target

Susan Kahn,

612-761-6735 (Investor Relations)

Paula Thornton-Greear, 612-696-3444 (Media Relations)

Amazon Media Relations, 206-266-7180 www.amazon.com/pr