Family Dollar Increases Regular Quarterly Dividend by 16.7%

Family Dollar Stores, Inc.

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, April 13, 2012, to shareholders of record at the close of business on Thursday, March 15, 2012. The quarterly cash dividend of $0.21 per share is an increase of 16.7% from the preceding quarterly cash dividend of $0.18 per share.