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DILLARD'S, INC. Director's Dealing 2005

Dec 12, 2005

30624_dirs_2005-12-12_a0432fea-7986-4ad6-bc98-7f5eceab9d78.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DILLARDS INC (DDS)
CIK: 0000028917
Period of Report: 2005-12-08

Reporting Person: BRENNAN JOSEPH P (Vice President, President STL)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-12-08 Common Class A M 40000 $18.125 Acquired 41002 Direct
2005-12-08 Common Class A S 40000 $23.80 Acquired 2095 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-12-08 Employee Stock Option $18.125 M 40000 Acquired 2006-12-10 Common Class A (40000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Class A - Retirement Plan 8848 Direct

Footnotes

F1: Total includes 1,093 shares of Class A acquired under 401(k) Plan Exempt Under Rule 16b-3(c).