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Family Dollar Reports Store Openings for December 2003

    MATTHEWS, N.C., Jan. 5 /PRNewswire-FirstCall/ -- Family Dollar Stores,
Inc. (NYSE: FDO), the fast growing North Carolina-based discount store chain,
reports opening 15 stores during the five-week period ended January 3, 2004.
With these additional stores, as of January 3, 2004, the Company operated
5,100 stores.
    The 15 newest store locations are in the following states: 2 each in
Florida and North Carolina; and 1 each in Arizona, Georgia, Illinois,
Louisiana, Mississippi, Ohio, Pennsylvania, Tennessee, Texas, Utah and West
Virginia.
    Family Dollar Stores, Inc. operates stores in 43 states ranging as far
northwest as North Dakota, northeast to Maine, southeast to Florida, and
southwest to Arizona.


SOURCE Family Dollar Stores, Inc.




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    CONTACT:
    George R. Mahoney, Jr., Executive Vice
    President of Family Dollar Stores, Inc., +1-704-814-3252