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Investor Presentation -- December 2005

ST. LOUIS, December 5, 2005 – Brown Shoe Company, Inc. (NYSE:BWS), today announced that the Company’s executive management team will be meeting with investors during the FFANY Shoe Show in New York City on December 6-7, 2005.
You may view Brown Shoe's presentation book using Adobe Acrobat by clicking on the link below.

12-2005 BWS Pres.pdf
(approx 4.5 MB)

    Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This presentation by Brown Shoe Company, Inc. contains certain forward-looking statements, including without limitation, statements made concerning forward looking guidance on Earnings Per Share (EPS). Such statements are subject to various risks and uncertainties that could cause actual results to differ materially. These include (i) general economic conditions and the consumer’s preferences and purchasing patterns, which may be influenced by consumers' disposable income; (ii) the uncertainties of pending litigation; (iii) intense competition and increasing consolidation within the footwear industry; and (iv) political and economic conditions or other threats to continued and uninterrupted flow of inventory from Brazil and China, where the Company relies heavily on third-party manufacturing facilities for a significant amount of its inventory; (v) the integration of the Bennett business; and (vi) the Company’s ability to successfully implement its plan to strengthen the Naturalizer brand. The Company's reports to the Securities and Exchange Commission contain detailed information relating to such factors. The Company does not undertake any obligation or plan to update these forward-looking statements, even though its situation may change. — December 6, 2005

NOTE: This presentation was issued by Brown Shoe Company, Inc. on the date specified on the presentation. We believe the information contained was accurate when the presentation was issued. We have not undertaken any responsibility to update this information, however, and you should not assume that the contents of this presentation are accurate as of any date other than the date of its release.