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Press release from Business Wire

Family Dollar Declares Regular Quarterly Dividend

Thursday, August 26, 2010

Family Dollar Declares Regular Quarterly Dividend08:30 EDT Thursday, August 26, 2010 MATTHEWS, N.C. (Business Wire) -- Family Dollar Stores, Inc. (NYSE: FDO) announced that the Company's Board of Directors has declared a regular quarterly cash dividend on the Company's common stock of $0.155 per share, payable Friday, October 15, 2010, to shareholders of record at the close of business on Wednesday, September 15, 2010. About Family Dollar Beginning with one store in 1959 in Charlotte, North Carolina, the Company currently operates more than 6,700 stores in 44 states. Family Dollar Stores, Inc., a Fortune 500 company, is based in Matthews, North Carolina, just outside of Charlotte and is a 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.