CPY Cpi Corp. Common Stock

ST. LOUIS, Aug. 7 /PRNewswire-FirstCall/ -- CPI Corp. (NYSE:CPY) today announced that its Board of Directors declared a third quarter cash dividend of 16 cents per share. The dividend will be paid on August 24, 2009 to shareholders of record as of August 17, 2009. As of August 6, 2009, CPI had 7,008,085 common shares outstanding. CPI is the leading portrait studio operator in North America offering photography services in approximately 3,100 locations in the United States, Puerto Rico, Canada and Mexico, principally in Sears and Wal-Mart stores. DATASOURCE: CPI Corp. CONTACT: Jane Nelson of CPI Corp., +1-314-231-1575 Web Site: http://www.cpicorp.com/

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