Family Dollar Names Donald G. Smith Vice President-Marketing

Family Dollar Stores, Inc. (NYSE:FDO) today announced that it has named Donald G. Smith to the position of Vice President – Marketing. Mr. Smith will report to Robert George, Executive Vice President and Chief Merchandising Officer. "Effectively coordinating our promotional activity with in-store advertising is a critical component of our Treasure Hunt strategy and other traffic-driving initiatives,” said Robert George. "Don’s expertise in small-box retailing and the consumer product industry will help us increase customer traffic through more cost-effective marketing and promotions. Through his leadership, Don will play a critical role in providing Family Dollar customers with a more compelling place to shop.” Prior to joining Family Dollar, Mr. Smith served as Vice President, Sales and Marketing, for Perrigo Nutrition. He has held similar positions with General Nutrition Centers and Nabisco Foods Groups. Mr. Smith earned a Bachelor of Science degree in Business Administration from Rochester Institute of Technology and a Masters in Business Administration from the University of Rochester. About Family Dollar Beginning with one store in Charlotte, North Carolina, in 1959, the Company currently operates more than 6,400 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.