Duckwall-ALCO Stores, Inc. Schedules Third Quarter Conference Call for Tuesday, November 23, 2004 ABILENE, Kan., Nov. 11 /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 October 31, 2004. The Company plans to report its third quarter and first nine months of FY2005 earnings on Tuesday, November 23, 2004 at 8:30 AM EST and will host an investor conference call at 11:15 AM EST on the same day to discuss those results in greater detail. The dial-in number for the conference call is 800-238-9007 (international/local participants dial 719-457-2622), the Access Code is 835633. Parties interested in participating in the conference call should dial in approximately five minutes prior to 11:15 AM EST. A replay of the call will be available two hours after completion from November 23, 2004 through November 30, 2004 by dialing 888-203-1112 or for international/local callers by dialing 719-457-0820, the replay Access Code is 835633. About Duckwall-ALCO Stores, Inc. Founded in 1901, Duckwall-ALCO Stores, Inc. is a leading regional retailer that operates 264 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". 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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