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CONTACT: FRED'S TO PRESENT AT THE SUNTRUST ROBINSON HUMPHREY 36TH ANNUAL INSTITUTIONAL INVESTOR CONFERENCE MEMPHIS, Tenn. (April 4, 2007) – Fred's, Inc. (NASDAQ:FRED) today announced that the Company will participate in the SunTrust Robinson Humphrey 36th Annual Institutional Investor Conference, which takes place April 10-11 in Atlanta. The investor presentation by Fred's management is scheduled at 9:50 a.m. ET on Wednesday, April 11, 2007, and will be available to investors via a live audio 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 30 days, using that same link. Fred's Inc.
operates 699 discount general merchandise stores, including 24 franchised
Fred's stores in the southeastern
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