Dollar General Extends Tender Offer to Acquire Family Dollar to January 30, 2015

Dollar General Corporation

today announced that it has extended its tender offer to acquire all outstanding shares of Family Dollar Stores, Inc.

for $80.00 per share in cash (including associated preferred share purchase rights) to 5:00 p.m., New York City time, on January 30, 2015, unless further extended. The tender offer was previously set to expire at 5:00 p.m., New York City time, on December 31, 2014. All other terms and conditions of the tender offer remain unchanged. As of 5:00 p.m., New York City time, on December 22, 2014, 3,391,996 common shares of Family Dollar had been validly tendered into, and not withdrawn from, the tender offer. Dollar General remains committed to the proposed acquisition of Family Dollar and will continue to cooperate with the Federal Trade Commission (FTC) to obtain antitrust regulatory clearance for the transaction. Family Dollar shareholders who need additional copies of the tender offer statement, definitive proxy statement or related materials or who have questions regarding the offer or proxy solicitation should contact Innisfree M&A Incorporated, the information agent for the offer and the proxy solicitation, toll-free at (877) 750-5837. Goldman, Sachs & Co. is acting as financial advisor to Dollar General. KKR Capital Markets and MCS Capital Markets are advising Dollar General on the financing. Simpson Thacher & Bartlett LLP is acting as its legal counsel.