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Press release from Business Wire

Stage Stores Board Declares Quarterly Cash Dividend

Friday, February 25, 2011

Stage Stores Board Declares Quarterly Cash Dividend06:00 EST Friday, February 25, 2011 HOUSTON (Business Wire) -- Stage Stores, Inc. (NYSE: SSI) today announced that its Board of Directors has declared a quarterly cash dividend of 7.5 cents per share on the Company's common stock, payable on March 23, 2011 to shareholders of record at the close of business on March 8, 2011. Stage Stores, Inc. brings nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family to small and mid-size towns and communities through 786 stores located in 39 states. The Company operates its stores under the five names of Bealls, Goody's, Palais Royal, Peebles and Stage. For more information about Stage Stores, visit the Company's web site at www.stagestoresinc.com. Stage Stores, Inc.Bob Aronson, 800-579-2302Vice President, Investor Relationsbaronson@stagestores.com