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Family Dollar Reports Store Openings for February 2004

    MATTHEWS, N.C., March 1 /PRNewswire-FirstCall/ -- Family Dollar Stores,
Inc. (NYSE: FDO), the fast growing North Carolina-based discount store chain,
reports opening 36 stores during the four-week period ended February 28, 2004.
With these additional stores, as of February 28, 2004, the Company operated
5,175 stores.
    The 36 newest store locations are in the following states: 9 in Texas; 3
each in New York, Pennsylvania and Utah; 2 each in Florida, Illinois and
Michigan; 1 each in Arizona, Colorado, Louisiana, Maine, Maryland, Minnesota,
New Jersey, North Carolina, North Dakota, Ohio, Tennessee and Wisconsin.
    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