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Press release from Business Wire

Family Dollar Names Holly Shaskey-Platek Senior Vice President, Merchandising

Friday, August 24, 2012

Family Dollar Names Holly Shaskey-Platek Senior Vice President, Merchandising08:03 EDT Friday, August 24, 2012 MATTHEWS, N.C. (Business Wire) -- Family Dollar Stores, Inc. (NYSE: FDO) today announced that it has named Holly Shaskey-Platek to the position of Senior Vice President – Merchandising. Ms. Shaskey-Platek will lead the home, apparel and seasonal divisions and report to Paul White, Executive Vice President – Chief Merchandising Officer. “Capitalizing on a greater share of customers' discretional needs is critical to our ability to increase the sales productivity of our stores and to grow our market share,” said Mr. White. “Under Holly's leadership, we will continue to focus on assortment, merchandise presentation and promotion, supplier relationships, and business capabilities.” Prior to joining Family Dollar in 2008 as a consultant to provide company-wide change management leadership, Holly spent a total of 25 years with Target Corporation and ShopNBC where she led men's apparel and private brand development teams and implemented an assortment-planning tool to support expanded clustering capability. About Family Dollar Beginning with one store in Charlotte, North Carolina, in 1959, the Company currently operates more than 7,400 stores in 45 states. Family Dollar Stores, Inc., a Fortune 300 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.Bryn Winburn, 704-814-3604Public Relations Managerbwinburn@familydollar.comhttp://www.familydollar.com