Genesco Declares Quarterly Dividends

March 27, 2003 at 5:32 PM EST
NASHVILLE, Tenn., Mar 27, 2003 /PRNewswire-FirstCall via COMTEX/ -- 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, 2003, payable on April 30, 2003, to shareholders of record on April 15, 2003.

    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, based in Nashville, sells footwear and accessories in more than 990 retail stores in the U.S., principally under the names Journeys, Journeys Kidz, Johnston & Murphy, Jarman and Underground Station, and on Internet websites www.journeys.com and www.johnstonmurphy.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.

CONTACT:          financial, James S. Gulmi, +1-615-367-8325, or media, Claire S.
                  McCall, +1-615-367-8283
                  /Company News On-Call:
                  http://www.prnewswire.com/gh/cnoc/comp/352750.html

URL:              http://www.journeys.com 
                  http://www.johnstonmurphy.com 
                  http://www.genesco.com 
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