Fred's to Present at the Stephens Spring Investment Conference

Fred's, Inc. (NASDAQ: FRED) today announced that the Company will participate in the Stephens Spring Investment Conference, which takes place in New York City on June 2-3, 2015. The investor presentation by Fred's management is scheduled at 11:00 a.m. Eastern Time on Tuesday, June 2, and will be available to investors via a live webcast. A link to the webcast may be found at the investor section of the Company's website, www.fredsinc.com, and the event will be available for replay for a period of 90 days, using that same link.

Fred's, Inc. operates 665 discount general merchandise stores, including 19 franchised Fred's stores and three specialty pharmacy locations, in the southeastern United States. For more information about the Company, visit Fred's website at www.fredsinc.com.

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