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Family Dollar Announces Promotions

    MATTHEWS, N.C., May 26 /PRNewswire-FirstCall/ -- Family Dollar Stores,
Inc. (NYSE: FDO) announced today the promotions of Barry W. Sullivan to Senior
Vice President - Store Operations and of Michael Vickers to Vice President -
Store Operations.
    In making this announcement, R. David Alexander, Jr., President and Chief
Operating Officer, said, "Barry and Mike are both tremendous leaders.  Barry
has been instrumental in the successful roll-out and execution of the
Company's major initiatives, including the Urban Initiative, and Mike has
achieved significant operational improvements in our urban markets in the
Florida Region.  Their retail experience and success at Family Dollar position
them well in their new roles."
    Mr. Alexander added, "Bruce Barkus, Executive Vice President - Store
Operations has accepted a CEO position outside the Company.  Throughout his
career with the Company, Bruce has made significant contributions, and we wish
him the best in his new endeavor."
    Mr. Sullivan began his career with Family Dollar in September 2002 as Vice
President - Store Operations.  Prior to joining Family Dollar, Mr. Sullivan
held positions of increasing responsibility with a regional drug store chain.
    Mr. Vickers began his career with Family Dollar in October 2002 as
Regional Vice President.  Prior to joining Family Dollar, Mr. Vickers held
positions of increasing responsibility with a regional drug store chain.
    With over 5,600 stores in a 44-state area ranging as far northwest as
Idaho, northeast to Maine, southeast to Florida, and southwest to Arizona,
Family Dollar is one of the fastest growing discount store chains in the
United States. Family Dollar has provided value-conscious consumers with
competitive prices at neighborhood stores for over forty-five years. Offering
a consistent selection of name-brand and good quality merchandise in an
attractive and convenient shopping environment, the Company is focused on
continuing to meet the needs of shoppers looking for excellent value.


SOURCE Family Dollar Stores, Inc.




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    CONTACT:
    Kiley F. Rawlins, CFA, Divisional Vice
    President of Family Dollar Stores, Inc., +1-704-849-7496