X0303 4 2008-08-29 0 0000278130 PIER 1 IMPORTS INC/DE PIR 0001439019 Schack Laura A 100 PIER 1 PLACE FORT WORTH TX 76102 0 0 0 1 Principal Accounting Officer common stock 2008-08-29 5 A 0 E 91.5975 4.094 A 127.4141 I By Stock Purchase Plan common stock 22983.73 D On August 29, 2008, the Pier 1 Imports, Inc. Stock Purchase Plan, restated as amended June 20, 2008, in a transaction exempt under Rule 16b-3, 91.5975 shares of common stock for the reporting person's account. Such shares were purchased at approximately $4.0940 per share, the average of the closing prices of the Issuer's common stock on the New York Stock Exhcange for each Friday in the month of August 2008, during which contributions were credited to the reporting person's account for the purchase of common stock. Ms. Schack's direct ownership includes 544.7975 shares which were transferred from the Pier 1 Imports, Inc. Stock Purchse Plan, restated as amended June 20, 2008, to her direct ownership as of June 30, 2008. /s/ Laura A. Schack By: Michael A. Carter, Atty-in-Fact 2008-09-02