MATTHEWS, N.C. (Business Wire) -- Family Dollar Stores, Inc. (NYSE: FDO), a discount store chain operating more than 6,800 stores in 44 states, will host a conference call for investors and analysts to discuss financial results for the first quarter ended November 27, 2010.

The Company will also provide an update on various business initiatives and discuss expectations for the second quarter of fiscal 2011. After some prepared remarks by management, participants will have an opportunity to ask questions.

WHEN:	Wednesday, January 5, 2011
	10:00 a.m. Eastern Time
PARTICIPATE:	At least 10 minutes prior to the conference call, please dial (800) 779-6561 for USA domestic calls or (517) 308-9046 for international calls. The passcode for the conference call is “Family Dollar.”
WEBCAST:	Available on the Company's website at www.familydollar.com/investors.aspx?p=irhome (click on Webcast).
REPLAY:	Available starting at 12:00 P.M. ET, January 5, 2011, on the Company's website at www.familydollar.com/investors.aspx?p=irhome (click on Webcast). The replay will be available until February 5, 2011.

About Family Dollar Stores, Inc.

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.

Family Dollar Stores, Inc.
INVESTOR CONTACT:
Kiley F. Rawlins, CFA
704-849-7496
krawlins@familydollar.com
or
MEDIA CONTACT:
Josh Braverman, 704-814-3447
jbraverman@familydollar.com