DILLARD'S, INC. — Director's Dealing 2009

Jul 14, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DILLARDS INC (DDS)
CIK: 0000028917
Period of Report: 2008-11-04

Reporting Person: CORBUSIER DRUE (Director, Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-11-04	Common Class A	A	115	$5.55	Acquired	251514	Direct
2008-11-07	Common Class A	A	229	$4.87	Acquired	251743	Direct
2008-11-14	Common Class A	A	303	$3.68	Acquired	252046	Direct
2008-11-21	Common Class A	A	383	$2.91	Acquired	252429	Direct
2008-11-28	Common Class A	A	316	$3.53	Acquired	252745	Direct
2008-12-05	Common Class A	A	298	$3.74	Acquired	253043	Direct
2008-12-12	Common Class A	A	291	$3.84	Acquired	253334	Direct
2008-12-19	Common Class A	A	275	$4.06	Acquired	253609	Direct
2008-12-26	Common Class A	A	332	$3.36	Acquired	253941	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Class A	4100	Direct
Common Class A - Retirement Plan	28178	Direct

Footnotes

F1: 4,100 Trustee Uniform Gift Minor

F2: Represents an aquisition of Class A Common Stock from contributions to the Dillard's, Inc "Stock Purchase Plan". Effective January 1, 2008, the Issuer's qualified defined contribution retirement plan was amended and, accordingly, subsequent to that date the Stock Purchase Plan no longer meets all of the requirements for an "Excess Benefit Plan" under which transactions are generally exempt from reporting pursuant to Rules16b-3(c) and 16a-3(f)(1)(i)(B) under the Securities Exchange Act of 1934 ( the "Act"). Such aquisistions, however, continue to be exempt from potential liability under Section 16(b) of the Act pursuant to Rule 16b-3(d) under the Act.