Zale to Announce First Quarter Fiscal 2010 Results

Zale Corporation (NYSE: ZLC) announced that it plans to report financial results for the first quarter ended October 31, 2009, on Tuesday, November 24, 2009, before the market opens. Zale will host a conference call at 10:00 a.m. ET the same day to discuss its financial results, quarterly highlights and business outlook. Participants are encouraged to listen to the presentation via webcast at http://www.zalecorp.com on the Shareholder Information section.

The conference call may also be accessed by dialing:
(800) 679-2671 or (706) 643-7467
Passcode: 41588772

A replay of the webcast can be viewed by visiting the Shareholder Information section of the Zale Corporation Web site at http://www.zalecorp.com for approximately 30 days. In addition, an audio replay of the conference call will be available for approximately seven days by dialing (800) 642-1687 or (706) 645-9291 (passcode required: 41588772).

About Zale Corporation

Zale Corporation is a leading specialty retailer of diamonds and other jewelry products in North America, operating approximately 1,930 retail locations throughout the United States, Canada and Puerto Rico, as well as online. Zale Corporation's brands include Zales Jewelers, Zales Outlet, Gordon's Jewelers, Peoples Jewellers, Mappins Jewellers and Piercing Pagoda. Zale also operates online at www.zales.com and www.gordonsjewelers.com. Additional information on Zale Corporation and its brands is available at www.zalecorp.com.