2008-05-21 23:52:41 -

www.kswiss.com/ - K-Swiss Inc. (NASDAQ/GS: KSWS) announced that the Board of Directors has declared a quarterly cash dividend of $0.05 per share for the second quarter ending June 30, 2008. The dividend, which equates to an annualized rate of $0.20 per share, is payable on July 15, 2008, to shareholders of record as of June 30, 2008.

K-Swiss Inc. designs, develops and markets an array of athletic footwear for high performance sports use, fitness activities and casual wear under the K-Swiss brand. The Company also designs and manufactures footwear under the Royal Elastics brand. Royal Elastics, a wholly owned subsidiary, is the leading innovator of slip-on, laceless footwear.

K-Swiss Inc.
George Powlick, Chief Financial Officer, 818-706-5100