GUESS INC — Director's Dealing 2007

Oct 18, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GUESS INC (GES)
CIK: 0000912463
Period of Report: 2007-10-16

Reporting Person: MARCIANO MAURICE (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-16	Common Stock	S	100000	$54.00	Disposed	2039970	Indirect
2007-10-17	Common Stock	S	80000	$55.00	Disposed	14671092	Indirect
2007-10-17	Common Stock	G	18200	—	Disposed	14652892	Indirect
2007-10-17	Common Stock	S	80000	$55.00	Disposed	3699256	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	87700	Direct
Common Stock	20000	Indirect
Common Stock	70	Indirect

Footnotes

F1: Shares are held by Marciano Financial Holdings II, LLC in accounts specifically allocated to trusts for the benefit of the reporting person and his children.

F2: Shares are held by the Maurice Marciano Trust (2005 Restatement), a revocable trust of which the reporting person is the sole trustee and sole beneficiary and has the exclusive pecuniary interest.

F3: Shares are held by MNM Capital Holdings, LLC in accounts specifically allocated to trusts for the benefit of the reporting person and his children.

F4: Held by Maurice Marciano Gift Trust FBO Caroline Marciano, of which the reporting person is the sole trustee.

F5: N/A