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Family Dollar Stores, Inc. Hosts Conference Call

    MATTHEWS, N.C., Aug. 4 /PRNewswire-FirstCall/ -- Family Dollar Stores,
Inc. (NYSE: FDO), a discount store chain operating more than 5,800 stores in
44 states, will hold a conference call today, August 4, 2005, at 10:00 a.m.
Eastern Time (9:00 a.m. Central Time) to discuss recently announced management
changes.
    If you wish to listen, please dial 1-888-809-8969 for domestic USA calls
and 1-210-234-0029 for international calls at least 10 minutes before the call
is scheduled to begin.  The passcode for the call is "FAMILY DOLLAR."   A
replay of the call will be available from 12:00 Noon ET, August 4, 2005,
through August 11, 2005, by dialing 1-866-508-6480 for domestic USA calls and
1-203-369-1902 for international calls.
    This call will be webcast by Thomson/CCBN and can be accessed at Family
Dollar's website at http://www.familydollar.com.

    Family Dollar has provided value-conscious consumers with competitive
prices at neighborhood stores for over 45 years.  Offering a consistent
selection of brand name 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:
    Florence W. Stanley, Investor Relations
    Department of Family Dollar Stores, Inc., +1-704-814-3276