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Brown Shoe Announces Participation in Investor Conferences

01/07/2008

Brown Shoe Company, Inc. (NYSE: BWS) today announced that the Company will be presenting at the Cowen and Company 6th Annual Consumer Conference held at The Westin New York at Times Square on Tuesday, January 15, at 8:30 a.m. Eastern Time and the 10th Annual ICR XChange Conference held at the St. Regis Monarch Beach Resort & Spa in Dana Point, California, on Thursday, January 17, at 12:40 p.m. Eastern Time. Ron Fromm, Chairman and Chief Executive Officer, and Mark Hood, Chief Financial Officer, will host the presentation. The presentation, including the question and answer portion, will be webcast live at http://www.brownshoe.com/investor.

About Brown Shoe Company, Inc.

Brown Shoe is a $2.4 billion footwear company with global operations. Brown Shoe's Retail division operates Famous Footwear, the 1,000-store chain that sells brand name shoes for the family, approximately 300 specialty retail stores in the U.S. and Canada under the Naturalizer, FX LaSalle, and Franco Sarto names, and Shoes.com, the Company's e-commerce subsidiary. Brown Shoe, through its Wholesale divisions, owns and markets leading footwear brands including Naturalizer, LifeStride, Via Spiga, Nickels Soft, Connie and Buster Brown; it also markets licensed brands including Franco Sarto, Dr. Scholl's, Etienne Aigner, and Carlos by Carlos Santana and Barbie, Disney and Nickelodeon character footwear for children. Brown Shoe press releases are available on the Company's website at http://www.brownshoe.com.

Contact:

investors, Ken Golden of Brown Shoe Company, Inc., +1-314-854-4134;
or media, David Garino of Fleishman-Hillard, +1-314-982-0551, for Brown Shoe Company

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