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EXHIBIT 99.2
FOR IMMEDIATE RELEASE PRESS RELEASE
CONTACT: Dollar General Corporation
100 Mission Ridge
Goodlettsville, Tennessee 37072
Investor Contact: Kiley Fleming
(615) 855-5525
DOLLAR GENERAL AUTHORIZES REPURCHASE OF COMMON STOCK
GOODLETTSVILLE, TENNESSEE - August 8, 2000 - Dollar General Corporation (NYSE:
DG) announced today that its Board of Directors has authorized the Company to
repurchase from time to time, in the open market or in privately negotiated
transactions, up to five million shares of its outstanding common stock. The
Company currently has 329,085,710 shares of common stock issued and outstanding.
Under this authorization, which expires August 7, 2002, the Company may
repurchase its common stock from time to time depending upon market price and
other factors.
The Company has repurchased approximately 6.4 million shares, adjusted for stock
splits, under the Board's previously authorized stock repurchase program, which
expires May 1, 2001.
Dollar General is a chain of more than 4,719 neighborhood stores in 25 states,
with distribution centers in Florida, Georgia, Kentucky, Mississippi, Missouri,
Oklahoma and Virginia.
