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Family Dollar Announces Promotion of Elizabeth M. Austin Vice President - Information Technology Operations

    MATTHEWS, N.C., Oct. 14 /PRNewswire-FirstCall/ -- Family Dollar Stores
Inc. (NYSE: FDO) announced the promotion of Elizabeth M. Austin to Vice
President - Information Technology Operations, according to a statement by R.
James Kelly, Vice Chairman and Chief Financial Officer.
    Ms. Austin has been with Family Dollar's Information Technology Department
since October 1998, most recently in the role of Divisional Vice President -
Information Technology Operations.
    In making the announcement, Mr. Kelly stated that: "During Elizabeth's
employment with Family Dollar she has been instrumental in the growth and
leverage of the Information Technology Department and has had involvement with
all major projects including implementation of our new Human Resources and
Financial systems and all phases of implementation of our new Merchandising
system.  Elizabeth also has played a key role in the upgrade of our hardware
infrastructure.  In her new role, Elizabeth will continue to support all store
information technology, distribution center and corporate production
environments."
    Family Dollar Stores, Inc. operates a rapidly expanding discount store
chain of 5,484 stores in 44 states ranging as far northwest as Idaho,
northeast to Maine, southeast to Florida and southwest to Arizona.  Family
Dollar has provided value-conscious consumers with competitive prices at
neighborhood stores for over 40 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:
    George R. Mahoney, Jr., Executive Vice
    President of Family Dollar Stores, Inc., +1-704-814-3252