Genesco Declares Quarterly Dividends

March 30, 2007 at 5:12 PM EDT

NASHVILLE, Tenn., March 30 /PRNewswire/ -- The board of directors of Genesco Inc. (NYSE: GCO) has declared dividends on the various classes of its preferred stock for the quarter ending May 5, 2007, payable on April 30, 2007, to shareholders of record on April 16, 2007.

    The rates are as follows:

    -- Subordinated serial preferred stock:
         Series 1         $0.575 per share
         Series 3         $1.1875 per share
         Series 4         $1.1875 per share

    -- Subordinated cumulative preferred stock: $0.375 per share

Genesco Inc., a Nashville-based specialty retailer, sells footwear, headwear and accessories in more than 2,000 retail stores in the United States and Canada, principally under the names Journeys, Journeys Kidz, Shi by Journeys, Johnston & Murphy, Underground Station, Hatworld, Lids, Hat Shack, Hat Zone, Cap Factory, Head Quarters and Cap Connection, and on internet websites http://www.journeys.com, http://www.journeyskidz.com, http://www.undergroundstation.com, http://www.johnstonmurphy.com, http://www.lids.com, http://www.hatworld.com, and http://www.lidscyo.com. The Company also sells footwear at wholesale under its Johnston & Murphy brand and under the licensed Dockers brand. Additional information on Genesco and its operating divisions may be accessed at its website http://www.genesco.com.

SOURCE  Genesco Inc.
    -0-                             03/29/2007
    /CONTACT:  Financial, James S. Gulmi, +1-615-367-8325, or Media, Claire S.
McCall, +1-615-367-8283, both of Genesco Inc./
    /Company News On-Call:  http://www.prnewswire.com/comp/352750.html /
    /Web site:  http://www.genesco.com /
    (GCO)

CO:  Genesco Inc.
ST:  Tennessee
IN:  TEX REA
SU:  DIV

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9188 03/30/2007 17:11 EDT http://www.prnewswire.com

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