May 19, 2003

Dillard's, Inc. to Webcast First Quarter Conference Call

Little Rock, Arkansas, May 19, 2003 - Dillard's, Inc. (DDS: NYSE) ("Dillard's" or the "Company") will announce results for the quarter ended May 3, 2003 on the morning of Tuesday, May 20, 2003.

WEBCAST INFO

The Company will host a conference call to discuss these results with shareholders, analysts and other interested parties. This call has been scheduled for 10:30 a.m. Eastern time on Tuesday, May 20, 2003. All interested parties are invited to listen to the live conference on the Internet at www.dillards.com. Click on 'Investor Relations'.

Software download may be necessary. If so, please login approximately 30 minutes prior to the call to allow additional time to complete this procedure. An alternate website address is www.shareholder.com/dillards/medialist.cfm.

A replay of the call will be available beginning at approximately 12:30 p.m. Eastern time that day at the Dillard's Investor Relations website at www.dillards.com.

Contact:
Julie J. Bull
Director of Investor Relations
(501) 376-5965


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