Financial News Release

Target Corporation Declares Regular Quarterly Dividend
09/12/07

MINNEAPOLIS--(BUSINESS WIRE)--Sept. 12, 2007--The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 14 cents per common share. The dividend is payable December 10, 2007 to shareholders of record November 20, 2007. The fourth quarter dividend will be the company's 161st consecutive dividend paid since October 1967 when the company became publicly held.

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 currently operates 1,537 Target stores in 47 states. Target Corporation news releases are available at www.target.com.

CONTACT: Target Corporation
Susan Kahn, 612-761-6735
or
John Hulbert, 612-761-6627
SOURCE: Target Corporation