Fred's Announces Third Quarter 2015 Conference Call Webcast

MEMPHIS, Tenn., Nov. 13, 2015 (GLOBE NEWSWIRE) -- Fred's, Inc. (NASDAQ: FRED) today announced that it will provide an online Web simulcast of its third quarter 2015 earnings conference call on Tuesday, November 24, 2015. The Company's results for the third quarter ended October 31, 2015, 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 24, 2015. An online replay will be available approximately two hours following the conclusion of the live broadcast and will continue through December 3, 2015. A link to these events can be found at www.fredsinc.com. Fred's, Inc. and subsidiaries operate 658 discount general merchandise stores and three specialty pharmacy-only locations in 15 states in the southeastern United States. Included in the store count are 19 franchised locations. Also, there are 374 full service pharmacy departments located within the Company's stores. For more information about the Company, visit Fred's website at www.fredsinc.com.

CONTACT: Jerry A. Shore
         Chief Executive Officer
         (901) 362-3733, Ext. 2217

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