Deckers Outdoor Corporation (NASDAQGS: DECK) today announced that Thomas R. Hillebrandt has resigned as Chief Financial Officer and Assistant Secretary effective March 20, 2009 in order to pursue other opportunities.

A search for Mr. Hillebrandt’s successor has been initiated. Zohar Ziv, the Company’s current Chief Operating Officer and former Chief Financial Officer, will function as principal financial and accounting officer until a replacement has been appointed.

Angel Martinez, President, Chairman and Chief Executive Officer, stated, “On behalf of the Company and the Board of Directors, I want to thank Tom for his many contributions. We wish him every success in the future.”

Deckers Outdoor Corporation strives to be a premier lifestyle marketer that builds niche brands into global market leaders by designing and marketing innovative, functional and fashion-oriented footwear developed for both high performance outdoor activities and everyday casual lifestyle use. UGG® Australia, Teva®, Simple® Shoes, TSUBO®, and Deckers® Brand are registered trademarks of Deckers Outdoor Corporation.

This news release contains statements regarding our expectations, beliefs and views about our future financial performance which are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," or future or conditional verbs such as "will," "would," "should," "could," or "may" or by the fact that such statements relate to future, and not just historical, events or circumstances, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for the Company's markets and the demand for its products. The forward-looking statements in this news release regarding our future financial performance are based on currently available information as of the date of this release, and because our business is subject to a number of risks and uncertainties, some of which may be beyond our control, actual operating results in the future may differ materially from the future financial performance expected at the current time.