Zale to Address Bank of America Merrill Lynch 2011 Consumer Conference

Zale Corp. announced that CEO Theo Killion and executive vice president and CFO Matt Appel are scheduled to speak at the Bank of America
Merrill Lynch 2011 Consumer Conference in New York City on March 10 at
approximately 2:20 p.m.

A live audio webcast of the presentation as well as a
replay will be available on the company’s website at zalecorp.com via the investor relations
homepage.

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