DILLARDS INC

Ticker: DDS CUSIP: 254067101 Class: Common Stock

Phocas Financial Corp.'s Holding History (CIK: 0001356783)

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

Q2 2014

Shares 51,050 Value ($000) $5,953 Avg Close $77.46 Range $65.94 - $88.81

Q1 2014

Shares 52,959 Value ($000) $4,893 Avg Close $67.08 Range $61.35 - $72.33

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	51,050	$5,953	$77.46	$65.94 - $88.81
Q1 2014	52,959	$4,893	$67.08	$61.35 - $72.33