Exhibit 99


           Dillard's, Inc. Amends and Extends $1.2 Billion
                      Revolving Credit Facility


    LITTLE ROCK, Ark.--(BUSINESS WIRE)--May 4, 2007--Dillard's, Inc.
(NYSE:DDS) ("Dillard's" or "the Company") announced today that it has
amended and extended its $1.2 billion senior secured revolving credit
facility an additional year to December 12, 2012.

    The amended facility is available to the Company for general
corporate purposes including, among other uses, working capital
financing, the issuance of letters of credit, capital expenditures
and, subject to certain restrictions, the repayment of existing
indebtedness and share repurchases. There are no financial covenant
requirements under the credit agreement provided availability exceeds
$100 million. The credit facility was arranged by JPMorgan Securities.

    Dillard's, Inc. ranks among the nation's largest fashion apparel
and home furnishings retailers with annual revenues exceeding $7.8
billion. The Company focuses on delivering maximum fashion and value
to its shoppers by offering compelling apparel and home selections
complemented by exceptional customer care. Dillard's stores offer a
broad selection of merchandise and feature products from both national
and exclusive brand sources. The Company operates 328 Dillard's
locations spanning 29 states, all with one nameplate - Dillard's.


    CONTACT: Dillard's, Inc.
             Julie J. Bull, 501-376-5965
             Director of Investor Relations