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Press release from Business Wire

Family Dollar Declares Regular Quarterly Dividend

Thursday, May 10, 2012

Family Dollar Declares Regular Quarterly Dividend08:30 EDT Thursday, May 10, 2012 MATTHEWS, N.C. (Business Wire) -- Family Dollar Stores, Inc. (NYSE: FDO) announced today that the Company's Board of Directors has declared a regular quarterly cash dividend on the Company's common stock of $0.21 per share, payable Friday, July 13, 2012, to shareholders of record at the close of business on Friday, June 15, 2012. 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 7,200 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. Family Dollar Stores, Inc.Kiley F. Rawlins, CFA(704) 849-7496krawlins@familydollar.comorKevin Powers(704) 708-7679kpowers@familydollar.comorJosh Braverman(704) 814-3447jbraverman@familydollar.com