DUCK Alco Stores, Inc. (MM)

Duckwall-ALCO Stores, Inc. Schedules Second Quarter Conference Call ABILENE, Kan., Aug. 16 /PRNewswire-FirstCall/ -- Duckwall-ALCO Stores, Inc. (NASDAQ:DUCK), today announced that it will host an investor conference call to discuss its operating results for the quarter ended August 1, 2004. The Company plans to report its second quarter and first half FY2005 earnings on Monday, August 23, 2004 at 8:30 AM (EDT) and will host an investor conference call at 11:15 AM (EDT) on the same day to discuss those results in greater detail. The dial-in number for the conference call is 800-500-0177 (international/local participants dial (719) 457-2679). Parties interested in participating in the conference call should dial in approximately five minutes prior to 11:15 AM (EDT). A replay of the call will be available through August 30, 2004 by dialing 888-203-1112 or for international/local callers by dialing (719) 457-0820, the replay Access Code is 169399. About Duckwall-ALCO Stores, Inc. Duckwall-ALCO Stores, Inc., founded in 1901, is a leading regional retailer that operates 265 full-line discount and hometown variety stores in 21 states in the central portion of the United States under the names "ALCO", "ALCO Market Place" and "Duckwall", respectively. The Company's strategy is to target smaller markets not served by other regional or national full-line retail discount chains and provide the most convenient access to retail shopping within each market. Duckwall-ALCO Stores, Inc. is headquartered in Abilene, Kansas, and its common stock is listed on the Nasdaq National Market under the symbol "DUCK". CONTACT: Dick Mansfield Vice President, Finance, Treasurer and Chief Financial Officer 785-263-3350 x286 e-mail: internet home page: http://www.duckwall.com/ DATASOURCE: Duckwall-ALCO Stores, Inc. CONTACT: Dick Mansfield, Vice President, Finance, Treasurer and Chief Financial Officer of Duckwall-ALCO Stores, Inc., +1-785-263-3350, ext. 286, Web site: http://www.duckwall.com/

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