DILLARD'S, INC. — Director's Dealing 2006

Mar 9, 2006

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: DILLARDS INC (DDS)
CIK: 0000028917
Period of Report: 2006-01-28

Reporting Person: SQUIRES BURT (Corporate VP Stores)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Class A	28335	Direct
Common Stock Retirement Plan	15713	Direct
Common Class A	8700	Direct

Footnotes

F1: Total includes 1,611 shares of Class A acquired under 401(k) Plan Exempt Under Rule 16b-3(c).

F2: Total includes 8,700 shares of Class A owned by children.