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DILLARD'S, INC. Director's Dealing 2011

May 23, 2011

30624_dirs_2011-05-23_5323c153-ddfc-4d82-a972-18c25b5c5dc2.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: 2011-05-19

Reporting Person: SQUIRES BURT (Corporate VP Stores)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-19 Common Class A S 1400 $54.27 Disposed 1500 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Class A 82863 Direct
Common Class A - Retirement Plan 23131 Direct

Footnotes

F1: 2,900 Common Class A owned by daughter in college.