General Financial Releases

Brown Shoe To Present at The Brean Murray, Carret Small Cap Institutional Investor Conference '06 on January 31 in New York;
Sessions to be Webcast

ST. LOUIS, January 26, 2006 – Brown Shoe Company, Inc. (NYSE: BWS), today announced that its management will present a business overview at The Brean Murray, Carret Small Cap Institutional Investor Conference '06 on January 31st in New York City at 2:00 p.m. (Eastern time). The session with slides and the Q&A segment will be webcast. The webcast will be available either via the following link on the Company’s website: http://www.brownshoe.com/news/news_financial.asp, or via a direct link to: http://www.wsw.com/webcast/bmry2/bws/


Brown Shoe is a $2.3 billion footwear company with global operations. The Company operates the 900+ store Famous Footwear chain, which sells brand name shoes for the family. It also operates 350+ Naturalizer stores in the U.S. and Canada that sell the Naturalizer brand of shoes and accessories, 16 FX LaSalle stores in Canada, 8 Via Spiga stores that sell Via Spiga shoes and apparel, 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, Bass and Carlos by Carlos Santana for adults, and Barbie, Bob-the-Builder and Disney character footwear for children. Brown Shoe press releases are available on the Company's web site at http://www.brownshoe.com.