Zale Corporation (NYSE: ZLC) announced today that Tom Haubenstricker, Senior Vice President, Chief Financial Officer, is scheduled to speak at the 14th Annual ICR XChange Conference at the Fontainebleau in Miami Beach, Florida on January 12, 2012, at 12:45 p.m. Eastern Time.

A live audio webcast of the presentation, as well as a replay, will be available on the Company's Web site at www.zalecorp.com via the Investor Relations homepage. For additional information, contact Investor Relations at 972-580-4391.

About Zale Corporation

Zale Corporation is a leading specialty retailer of diamonds and other jewelry products in North America, operating approximately 1,820 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, www.zalesoutlet.com, www.gordonsjewelers.com, www.peoplesjewellers.com and www.pagoda.com. Additional information on Zale Corporation and its brands is available at www.zalecorp.com.

Zale Corporation
Roxane Barry, 972-580-4391
Director of Investor Relations