GUESS INC — Director's Dealing 2007

Jul 13, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GUESS INC (GES)
CIK: 0000912463
Period of Report: 2007-07-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-10	Common Stock	S	32500	$50.25	Disposed	13528592	Indirect
2007-07-11	Common Stock	S	24895	$51.00	Disposed	13503697	Indirect
2007-07-12	Common Stock	G	10000	—	Disposed	13493697	Indirect
2007-07-12	Common Stock	S	25000	$51.895	Disposed	13468697	Indirect
2007-07-12	Common Stock	S	50000	$52.02	Disposed	13418697	Indirect
2007-07-12	Common Stock	S	25000	$52.135	Disposed	13393697	Indirect
2007-07-12	Common Stock	S	17605	$52.14	Disposed	13376092	Indirect
2007-07-12	Common Stock	S	25000	$52.87	Disposed	13351092	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	87700	Direct
Common Stock	4739970	Indirect
Common Stock	2779256	Indirect
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 MNM Capital Holdings, LLC in accounts specifically allocated to trusts for the benefit of the reporting person and his children.

F3: Held by Maurice Marciano Gift Trust FBO Caroline Marciano, of which the reporting person is the sole trustee.

F4: 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.

F5: N/A