Fred's Announces Fourth Quarter and Fiscal Year-End 2013 Conference Call Webcast

Fred's, Inc. (NASDAQ: FRED) today announced that it will provide an online Web simulcast of its fourth quarter and fiscal year-end 2013 earnings conference call on Thursday, March 27, 2014. The Company's results for the fourth quarter and fiscal year ended February 1, 2014, will be released earlier that morning.

The live broadcast of Fred's conference call will begin at 10:00 a.m. Eastern Time on March 27, 2014. An online replay will be available approximately two hours following the conclusion of the live broadcast and will continue through April 27, 2014. A link to these events can be found at www.fredsinc.com.

Fred's, Inc. operates 704 discount general merchandise stores, including 21 franchised Fred's stores, in the southeastern United States. For more information about the Company, visit Fred's website at www.fredsinc.com.

Contacts:

Fred's, Inc.
Jerry A. Shore, 901-362-3733, Ext. 2217
Executive Vice President and Chief Financial Officer

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