Fred's Announces Third Quarter 2014 Conference Call Webcast

Fred's, Inc. (NASDAQ: FRED) today announced that it will provide an online Web simulcast of its third quarter 2014 earnings conference call on Tuesday, November 25, 2014. The Company's results for the third quarter and nine months ended November 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 November 25, 2014. An online replay will be available approximately two hours following the conclusion of the live broadcast and will continue through December 2, 2014. A link to these events can be found at www.fredsinc.com.

Fred's, Inc. operates 703 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
Chief Executive Officer

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