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Press release from Business Wire

Pier 1 Imports, Inc. Declares Quarterly Cash Dividend

Thursday, April 04, 2013

Pier 1 Imports, Inc. Declares Quarterly Cash Dividend

14:54 EDT Thursday, April 04, 2013

FORT WORTH, Texas (Business Wire) -- Pier 1 Imports, Inc. (NYSE:PIR) today announced that its Board of Directors declared a $0.05 per share quarterly cash dividend on the Company's outstanding shares of common stock. The $0.05 quarterly cash dividend will be paid on May 8, 2013 to shareholders of record on April 24, 2013. As of April 4, 2013, approximately 107.1 million shares of the Company's common stock were outstanding.

Pier 1 Imports, Inc. is the original global importer of imported decorative home furnishings and gifts. Information about the Company is available on www.pier1.com.

Pier 1 Imports, Inc.
Cary Turner, 817-252-8400

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