DILLARDS INC

Ticker: DDS CUSIP: 254067101 Class: Common Stock

Grantham, Mayo, Van Otterloo & Co. LLC's Holding History (CIK: 0001352662)

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

Q4 2016

Shares 5,128 Value ($000) $321 Avg Close $49.11 Range $42.44 - $56.47

Q3 2016

Shares 3,829 Value ($000) $241 Avg Close $46.67 Range $41.85 - $58.01

Q2 2016

Shares 44,206 Value ($000) $2,679 Avg Close $48.67 Range $40.54 - $63.48

Q1 2016

Shares 40,400 Value ($000) $3,430 Avg Close $55.83 Range $45.20 - $66.00

Q4 2015

Shares 35,600 Value ($000) $2,339 Avg Close $59.94 Range $48.48 - $70.06

Q3 2015

Shares 19,000 Value ($000) $1,660 Avg Close $71.93 Range $64.38 - $80.84

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	5,128	$321	$49.11	$42.44 - $56.47
Q3 2016	3,829	$241	$46.67	$41.85 - $58.01
Q2 2016	44,206	$2,679	$48.67	$40.54 - $63.48
Q1 2016	40,400	$3,430	$55.83	$45.20 - $66.00
Q4 2015	35,600	$2,339	$59.94	$48.48 - $70.06
Q3 2015	19,000	$1,660	$71.93	$64.38 - $80.84