Family Dollar Announces Executive Management Change

  Family Dollar Announces Executive Management Change

Business Wire

MATTHEWS, N.C. -- April 29, 2013

Family Dollar Stores, Inc. (NYSE: FDO) today announced Charles S. Gibson,
Executive Vice President – Supply Chain, will leave the Company to pursue
other interests, effective April 30.

“Charlie has overseen the growth and development of our supply chain network
and has been a valued part of our team,” said Howard R. Levine, Chairman and
Chief Executive Officer. “We appreciate the contributions Charlie has made to
the Company’s success, and we wish him all the best in his future endeavors.”

About Family Dollar

For more than 50 years, Family Dollar has been providing value and convenience
to customers in easy-to-shop neighborhood locations. Family Dollar’s mix of
name brands, and quality, private brand merchandise, appeals to shoppers in
more than 7,600 stores in rural and urban settings across 45 states. Helping
families save on the items they need with everyday low prices creates a strong
bond with customers who refer to their neighborhood store as “my Family
Dollar.” Headquartered in Matthews, North Carolina, just outside of Charlotte,
Family Dollar is a Fortune 300, publicly held company with common stock traded
on the New York Stock Exchange under the symbol FDO. For more information,
please visit www.familydollar.com.

Contact:

Family Dollar Stores, Inc.
Investor Contact:
Kiley F. Rawlins, CFA, 704-708-2858
krawlins@familydollar.com
or
Media Contact:
Bryn Winburn, 704-708-1653
bwinburn@familydollar.com