GUESS INC — Director's Dealing 2010

May 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GUESS INC (GES)
CIK: 0000912463
Period of Report: 2010-04-29

Reporting Person: Relich Michael (SVP & CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-29	Common Stock	A	4750	—	Acquired	24079	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-29	Employee Stock Option (right to buy)	$47.94	A	4800	Acquired	2020-04-29	Common Stock (4800)	Direct

Footnotes

F1: Acquired pursuant to Issuer's employee equity incentive plan.

F2: This option vests in four equal installments on December 31 of each 2010, 2011, 2012 and 2013.