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Press release from Business Wire

Family Dollar Declares Regular Quarterly Dividend

Monday, October 25, 2010

Family Dollar Declares Regular Quarterly Dividend09:23 EDT Monday, October 25, 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, January 14, 2011, to shareholders of record at the close of business on Wednesday, December 15, 2010. About Family Dollar Beginning with one store in 1959 in Charlotte, North Carolina, the Company currently operates more than 6,800 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. Family Dollar Stores, Inc.INVESTOR CONTACT:Kiley F. Rawlins, CFA, 704-849-7496, krawlins@familydollar.comMEDIA CONTACT:Josh Braverman, 704-814-3447, jbraverman@familydollar.com