DILLARD'S, INC. — Director's Dealing 2004

Sep 10, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DILLARDS INC (DDS)
CIK: 0000028917
Period of Report: 2004-09-09

Reporting Person: DILLARD WILLIAM T II (Director, CEO, Chairman of Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-09	Common Class A	A	78	$19.78	Acquired	529637	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Dillard's Capital Trust 1 7.5% Capital Securities	64250	Direct
Common Class A	78207	Direct
Common Class A	41496	Direct
Common Class A	3985776	Direct