X0303 4 2008-07-25 0 0000278130 PIER 1 IMPORTS INC/DE PIR 0001346077 Carter Michael A 100 PIER 1 PLACE FT. WORTH TX 76102 0 1 0 0 Sr. Vice Pres./General Counsel common stock 2008-07-25 5 A 0 E 385.0287 3.49 A 1491.3644 I By Stock Purchase Plan common stock 31557.507 D On July 25, 2008, the Pier 1 Imports, Inc. Stock Purchase Plan, restated as amended June 20, 2008, purchased in a transaction exempt under Rule 16b-3, 385.0287 shares of common stock for the reporting person's account. Such shares were purchased at approximately $3.49 per share, the average of the closing prices of the Issuer's common stock on the New York Stock Exchange for each Friday in the month of July 2008 during which contributions were credited to the reporting person's account for the purchase of common stock. /s/ Michael A. Carter 2008-07-28