Genesco Declares Quarterly Dividends

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.

Financial Contact, James S. Gulmi, +1-615-367-8325, or Media Contact, Claire
S. McCall, +1-615-367-8283, both of Genesco Inc.