CPI Corp. Meets NYSE Continued Listing Requirements

ST. LOUIS, June 9  /PRNewswire-FirstCall/ -- CPI Corp. (NYSE:CPY) received notice from the New York Stock Exchange ("NYSE") that the Company is now compliant with NYSE continued listing standards.  As a result, the Company is no longer subject to quarterly reviews by the NYSE's Listing and Compliance Committee to ensure progress against its previously approved plan to restore compliance.

CPI Corp. uses the Investor Relations page of its website at http://www.cpicorp.com/ to make information available to its investors and the public.  You can sign up to receive e-mail alerts whenever the Company posts new information to the website.

About CPI Corp.

CPI Corp. has been dedicated to helping families conveniently create cherished photography portrait keepsakes that capture a lifetime of memories for more than 60 years.  CPI Corp. provides portrait photography services in approximately 3,000 locations, principally in Sears and Walmart stores.  As the first in the category to convert to a fully digital format, CPI Corp. studios offer unique posing options, creative photography selections, a wide variety of sizes and an unparalleled assortment of enhancements to customize each portrait - all for an affordable price.  CPI Corp. is based in St. Louis and traded on the New York Stock Exchange (ticker: CPY).

Important Information

CPI Corp. has filed a Preliminary Proxy Statement with the Securities and Exchange Commission ("SEC") and will furnish to its stockholders a Proxy Statement in connection with the solicitation of proxies for the 2009 Annual Meeting of stockholders.  The Company advises its stockholders to read the Proxy Statement relating to the 2009 Annual Meeting when it becomes available, because it will contain important information.  Stockholders may obtain a free copy of the Proxy Statement and other documents (when available) that CPI files with the SEC at the SEC's website at http://www.sec.gov/.  The Proxy Statement and these other documents (when available) may also be obtained for free from CPI by directing a request to CPI Corp., 1706 Washington Avenue, St. Louis, Missouri 63103-1717, Attn: Corporate Secretary, calling [phone], or by contacting MacKenzie Partners, Inc., by toll-free telephone at 800-322-2885 or by e-mail at .

Certain Information Concerning Participants

CPI Corp. and its directors and executive officers (other than Peter Feld) may be deemed to be participants in the solicitation of proxies from stockholders in connection with the Company's 2009 Annual Meeting.  Information concerning persons who may be considered participants in the solicitation of the Company's stockholders under the rules of the SEC is set forth in public filings by the Company with the SEC, including the preliminary proxy statement relating to the 2009 Annual Meeting of stockholders.

  FOR FURTHER INFORMATION CONTACT:

  NAME          Jane Nelson                 FROM         CPI Corp.
  ADDRESS       1706 Washington Avenue      CITY         St. Louis
  STATE, ZIP    Missouri, 63103             TELEPHONE    [phone]


DATASOURCE: CPI Corp.



CONTACT:  Jane Nelson, CPI Corp., [phone]



Web Site:  http://www.cpicorp.com/ 

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