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Family Dollar to Present at Johnson Rice Conference

    MATTHEWS, N.C., Oct. 20 /PRNewswire-FirstCall/ -- Family Dollar Stores,
Inc. (NYSE: FDO) announced today that R. James Kelly, Vice-Chairman and Chief
Financial Officer, will make a presentation to the investment community at the
Johnson Rice & Company 5th Annual Consumer Conference in Houston on Monday,
October 24, 2005.
    A webcast of this presentation can be accessed live at approximately 1:30
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 October 31, 2005.
    With over 5,900 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