Fred's, Inc. (NASDAQ: FRED) today announced that it will provide an online Web simulcast of its first quarter 2012 earnings conference call on Thursday, May 24, 2012. The Company's results for the first quarter ended April 28, 2012, will be released earlier that morning.

The live broadcast of Fred's conference call will begin at 10:00 a.m. Eastern Time on May 24, 2012. An online replay will be available approximately two hours following the conclusion of the live broadcast and will continue through June 24, 2012. A link to these events can be found at www.fredsinc.com.

Fred's, Inc. operates 707 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.