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DILLARD'S, INC. Director's Dealing 2005

Jan 13, 2005

30624_dirs_2005-01-13_07d1630f-d60b-41bf-be7a-3ec19a313e9c.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: 2005-01-12

Reporting Person: BURNETT G KENT (VP, President Phoenix Div)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-07-14 Common Class A G 1000 $23.64 Disposed 42443 Direct
2004-07-15 Common Class A G 445 $23.64 Disposed 41998 Direct
2005-01-12 Common Class A M 26304 $16.80 Acquired 68302 Direct
2005-01-12 Common Class A F 19904 $26.23 Disposed 48398 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-01-12 Employee Stock Option $16.80 M 26304 Disposed 2007-12-15 Common Class A (26304) Direct
2005-01-12 Employee Stock Option $26.23 F 19904 Acquired 2007-12-15 Common Class A (19904) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Class A 401k Retirement Plan 17883 Direct