ST. LOUIS, Feb. 8 /PRNewswire-FirstCall/ -- CPI Corp. (NYSE:CPY) today announced that its Board of Directors declared a first quarter cash dividend of 16 cents per share. The dividend will be paid on March 1, 2010 to shareholders of record as of February 22, 2010. As of February 7, 2010, CPI had 7,008,490 common shares outstanding. CPI is the leading portrait studio operator in North America offering photography services in approximately 3,000 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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