General Financial Releases

Brown Shoe Announces Webcast of Presentation to Bank of America 2006 Consumer Conference on March 14

ST. LOUIS, MISSOURI, March 13, 2006 -- Brown Shoe Company, Inc. (NYSE: BWS) today announced that its management will present a business overview at the Bank of America 2006 Consumer Conference, on March 14, 2006 at 10:40 a.m. (Eastern time). The session and the Q&A segment will be webcast. The webcast, slides and the Company’s Investor Presentation are available via the following link on the Company’s website: www.brownshoe.com/investor -- or the webcast can be heard directly from Bank of America’s website at: http://www.veracast.com/webcasts/bas/consumer06/id52104455.cfm.

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 300+ specialty retail stores in the U.S. and Canada under the Naturalizer, FX LaSalle and Via Spiga names, and Shoes.com, the Company’s e-commerce subsidiary. Brown Shoe, through its Wholesale divisions, owns and markets leading footwear brands including Via Spiga, Naturalizer, LifeStride, 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 and Disney character footwear for children. Brown Shoe press releases are available on the Company's web site at http://www.brownshoe.com.