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

Mar 16, 2009

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: DILLARDS INC (DDS)
CIK: 0000028917
Period of Report: 2009-01-31

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

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Class A	449278	Direct
Common Class A	295014	Direct
Common Class A	41496	Direct
Common Class A - Retirement Plan	27868	Direct
Common Class A	26215	Direct
Common Class B	3985776	Direct

Footnotes

F1: Col 5 includes 17368 shares of Class A acquired under Rule 16(b)-3(c).

F2: Co-Trustee and co-beneficiary of WTD Exemption Trust.

F3: 3,985,776 Class B Shares by W.D. Company. Reporting person owns 26.27%. This is W.D. Co.'s entire interest.

F4: 41,496 Class A Shares by W.D. Company. Reporting person owns 26.27%. This is W.D. Co.'s entire interest.

F5: Co-Trustee in WDT Exemption Trust.