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Press release from Business Wire

Family Dollar Declares Regular Quarterly Dividend

Wednesday, May 11, 2011

Family Dollar Declares Regular Quarterly Dividend10:14 EDT Wednesday, May 11, 2011 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 $0.18 per share, payable Friday, July 15, 2011, to shareholders of record at the close of business on Wednesday, June 15, 2011. 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 Relations:Kiley F. Rawlins, CFA, 704-849-7496krawlins@familydollar.comorMedia Relations:Josh Braverman, 704-814-3447jbraverman@familydollar.com