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

Apr 15, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DILLARDS INC (DDS)
CIK: 0000028917
Period of Report: 2004-04-15

Reporting Person: DILLARD MIKE (Director, Executive Vice President, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-15	Common Class A	A	89	$17.31	Acquired	317110	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Dillard's Capital Trust 1 7.5% Capital Securities	3885	Direct

Footnotes

F1: Common Class A 21,874 Shares Retirement Plan

F2: Common Class A 41,496 Shares By W.D Company Owns 26.27% interest in W.D. Co. This is W.D. Co.'s entire interest.

F3: Common Class B 3,985,776 Shares By W.D. Company Owns 26.27% iinterest in W.D. Co.. This is W.D.Co.'s entire interest.

F4: Common Class A 335 Shares By Spouse