Genesco Declares Quarterly Dividends

March 31, 2008 at 5:54 PM EDT

NASHVILLE, Tenn., March 31 /PRNewswire-FirstCall/ -- 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 3, 2008, payable on April 30, 2008, to shareholders of record on April 15, 2008.

    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 2,150 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, Head Quarters, Cap Connection and Lids Kids, and on internet websites www.journeys.com, www.journeyskidz.com, www.shibyjourneys.com, www.undergroundstation.com, www.johnstonmurphy.com, www.dockersshoes.com, www.lids.com and www.lidskids.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 www.genesco.com.

SOURCE  Genesco Inc.
    -0-                             03/31/2008
    /CONTACT:  Financial Contact, James S. Gulmi, +1-615-367-8325, or Media
Contact, 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

TP-AC
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6618 03/31/2008 17:52 EDT http://www.prnewswire.com

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