USA : Van Nuys-based Cherokee to pay Qtly dividend in March

January 30, 2008

Cherokee Inc a leading licensor and global brand management company, announced that its Board of Directors has approved the distribution of a quarterly dividend to shareholders of $0.75 per share.

The dividend will be payable on or about March 14, 2008 to shareholders of record on March 1, 2008.

The payment of any future dividends will be at the discretion of Cherokee's Board of Directors and will be dependent upon Cherokee's financial condition, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by Cherokee's Board of Directors.

Cherokee Inc

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