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Press release from Business Wire

Dillard's, Inc. Announces New $250 Million Share Repurchase Program

Friday, March 22, 2013

Dillard's, Inc. Announces New $250 Million Share Repurchase Program08:30 EDT Friday, March 22, 2013 LITTLE ROCK, Ark. (Business Wire) -- Dillard's, Inc. (NYSE:DDS) (the “Company” or “Dillard's”) announced today the board of directors has approved a new share repurchase program authorizing the Company to repurchase up to $250 million of its Class A Common Stock. The Company has completed the purchase of the $92.0 million outstanding at February 2, 2013 under its previous $250 million program. The new open-ended authorization permits the Company to repurchase its Class A Common Stock in the open market or through privately negotiated transactions. Dillard?s, Inc.Julie J. Bull, 501-376-5965