Duckwall-ALCO Stores Will Hold Shareholder Call With New CEO

Conference Call to be Held On Friday, August 1, 2008


ABILENE, Kan., July 25, 2008 (PRIME NEWSWIRE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) will hold a conference call August 1, 2008, to introduce the Company's new President and Chief Executive Officer, Larry Zigerelli, to shareholders. The CEO and other Company leaders will provide an update on Duckwall-ALCO's current focus and address questions from shareholders.

Zigerelli joined Duckwall-ALCO Stores as president and chief executive officer on July 2. He has 27 years of domestic and international experience with leading retail and consumer product companies such as Procter & Gamble, CVS and Meijer, Inc.

Royce Winsten, chairman of the board, and Donny Johnson, executive vice president and chief financial officer (who served as interim CEO prior to Zigerelli's joining the Company), will join Zigerelli on the call.

The call will take place August 1, at 10:00 a.m. Central Daylight Time. To participate, please follow the instructions listed below:

Investor Conference Call

The dial-in number for the conference call is 888-211-7450. Local and international callers should call 913-312-0828. The confirmation code is 6097545.

Parties interested in participating in the conference call should dial in approximately five minutes prior to 10:00 a.m. Central Daylight Time. A replay of the call will be available two hours after completion of the call from August 1 through August 15 by dialing 888-203-1112, or for international and local callers by dialing 719-457-0820. The replay passcode is 6097545.

About Duckwall-ALCO Stores, Inc.

Duckwall-ALCO Stores, Inc. is a regional retailer that specializes in meeting the needs of smaller, underserved communities throughout the central United States. The Company offers an exceptional selection of fashionable merchandise, quality products and recognized brand names at reasonable prices. Its specialty is delivering those products with the friendly, personal service its customers have come to expect. With 257 stores across 22 states, Duckwall-ALCO Stores is proud to have continually provided excellent products at good value prices to its customers for 107 years. To learn more about Duckwall-ALCO Stores, Inc. visit www.ALCOstores.com.



            

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