DILLARDS INC

Ticker: DDS CUSIP: 254067101 Class: Common Stock

CARLSON CAPITAL L P's Holding History (CIK: 0001056973)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 174,604 Value ($000) $19,028 Avg Close $86.26 Range $77.80 - $92.90

Q2 2014

Shares 48,000 Value ($000) $5,597 Avg Close $77.46 Range $65.94 - $88.81

Q1 2014

Shares 250,270 Value ($000) $23,125 Avg Close $67.08 Range $61.35 - $72.33

Q4 2013

Shares 208,600 Value ($000) $20,278 Avg Close $64.16 Range $56.13 - $72.51

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	174,604	$19,028	$86.26	$77.80 - $92.90
Q2 2014	48,000	$5,597	$77.46	$65.94 - $88.81
Q1 2014	250,270	$23,125	$67.08	$61.35 - $72.33
Q4 2013	208,600	$20,278	$64.16	$56.13 - $72.51