Exhibit 10(iv)

As
amended as of
November 5, 2003

FAMILY DOLLAR 2000OUTSIDE DIRECTORS PLAN

SECTION 1GENERAL

1.1Purpose.    The Family Dollar 2000 Outside Directors Plan (the "Plan") has been
established by Family Dollar Stores, Inc. (the "Company") to promote the interests of the Company and its shareholders by enhancing the Company's ability to attract and retain the services of
experienced and knowledgeable directors and by encouraging such directors to acquire an increased proprietary interest in the Company.

1.2Operation and Administration.    The operation and administration of the Plan
shall be subject to the provisions of Section 3. Capitalized terms in the Plan shall be defined as set forth in Section 5 or elsewhere in the Plan.

SECTION 2AWARDS

2.1General.



2.2Fractional Shares.    If the Retainer Award that would otherwise be made to a
Participant as of any Award Date under paragraph 2.1 is not a whole number, then the number of shares otherwise awardable shall be increased to the next highest whole number.

SECTION 3OPERATION AND ADMINISTRATION

3.1Term.    The Plan shall be effective as of the Effective Date and shall terminate
on the Award grant date immediately following the Annual Meeting of Stockholders of the Company in January 2014. The termination of the Plan on such date shall not affect the validity of any
Award outstanding on the date of termination.

3.2Shares Subject to Plan.    Any Stock awarded under the Plan may consist, in whole
or in part, of authorized and unissued Stock, treasury Stock or Stock purchased on the open market. Subject to

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adjustment
as provided in Section 3.3, the aggregate number of shares of Stock reserved and available for Awards under the Plan shall be 85,000 shares, including Awards granted since the
original Effective Date of the Plan.

3.3Adjustments to Shares.



3.4Limit on Distribution.    Distribution of shares of Stock or other amounts under
the Plan shall be subject to the following:



3.5Taxes.    All Awards and other payments under the Plan are subject to all
applicable taxes.

3.6Administration.    The authority to control and manage the operation and
administration of the Plan shall be vested in the Board.

3.7Evidence.    Evidence required of anyone under the Plan may be by certificate,
affidavit, document or other information which the person acting on it considers pertinent and reliable, and signed, made or presented by the proper party or parties.

3.8Action by Company.    Any action required or permitted to be taken by the Company
shall be by resolution of the Board, or by action of one or more members of the Board (including a committee of the Board) who are duly authorized to act for the Board, by a duly authorized officer of
the Board, or (except to the extent prohibited by the provisions of SEC Rule 16b-3, applicable local law, the applicable rules of any stock exchange, or any other applicable rules)
by a duly authorized officer of the Company.

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SECTION 4AMENDMENT AND TERMINATION

The Board may, at any time, amend or terminate the Plan, provided that, subject to subsection 3.3 (relating to certain adjustments to
shares), no amendment or termination may adversely affect the rights of any Participant or beneficiary under any Award made under the Plan prior to the date such amendment is adopted by the Board, and
provided further that, if an amendment to the Plan would, in the reasonable opinion of the Board, materially increase the number shares issuable under the Plan, materially modify the requirements for
eligibility, or otherwise constitute a material change requiring stockholder approval under applicable laws, policies or regulations or the applicable listing or other requirements of the New York
Stock Exchange, then such amendment shall be subject to stockholder approval.

SECTION 5DEFINED TERMS

For purposes of the Plan, the terms listed below shall be defined as follows:



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