Fred's, Inc. Schedules Third Quarter 2017 Earnings Announcement and Conference Call Webcast for December 6, 2017

Fred's, Inc. (the "Company") FRED today announced that its third quarter 2017 results will be issued on the morning of Wednesday, December 6, 2017.

The Company will host a conference call/webcast at 8:00 a.m. Eastern Time on Wednesday, December 6, 2017, to discuss third quarter 2017 results. The webcast will be available live and as an archived replay through the Company's website at www.fredsinc.com. The archived replay will be available beginning two hours after the conclusion of the live call and will remain available through January 4, 2018.

About Fred's, Inc.

Tracing its history back to an original store in Coldwater, Mississippi, opened in 1947, today Fred's, Inc. operates approximately 600 general merchandise and pharmacy stores, including 13 franchised locations, and three specialty pharmacy-only locations. With unique store formats and strategies that combine the best elements of a value-focused retailer with a healthcare-focused drug store, Fred's stores offer frequently purchased items that address the everyday needs of its customers. This includes nationally recognized brands, proprietary Fred's label products, and a full range of value-priced selections.

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