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Family Dollar to Present at Piper Jaffray Conference

    MATTHEWS, N.C., June 3 /PRNewswire-FirstCall/ -- Family Dollar Stores,
Inc. (NYSE: FDO) announced today that R. James Kelly, Vice-Chairman and Chief
Financial Officer, and David Alexander, President and Chief Operating Officer,
will make a presentation to the investment community at the Piper Jaffray
Consumer Conference in New York on Tuesday, June 7, 2005.
    A webcast of this presentation can be accessed live at 12:40 p.m. EDT
through the Company's website at http://www.familydollar.com in the "Investors"
section under "Presentations & Webcasts."  The webcast will be available
through June 14, 2005.
    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