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Press release from Business Wire

Brown Shoe Company Declares Regular Quarterly Dividend

Thursday, March 14, 2013

Brown Shoe Company Declares Regular Quarterly Dividend16:00 EDT Thursday, March 14, 2013 ST. LOUIS (Business Wire) -- Brown Shoe Company, Inc. (NYSE: BWS) (brownshoe.com) declared a quarterly dividend of $0.07 per share, payable April 1, 2013, to shareholders of record on March 25, 2013. This dividend will be the 361st consecutive quarterly dividend paid by the company. About Brown Shoe Company Brown Shoe Company is a $2.6 billion, global footwear company whose shoes are worn by people of all ages, from all walks of life. Our products are available virtually everywhere — in the more than 1,300 Famous Footwear and Naturalizer retail stores we operate, in hundreds of major department and specialty stores, on 14 distinct company-owned ecommerce sites, and on many additional third-party retail websites. Through our broad range of products, we serve three key market segments. Our Family brands — Famous Footwear, Famous.com, and shoes.com — are one-stop-shopping destinations for high quality, affordable styles for a family's every occasion. Active people who want comfort, style and performance can look to our Healthy Living brands — Naturalizer, Dr. Scholl's Shoes, LifeStride, Avia and Ryka. Our Contemporary Fashion brands — Via Spiga, Vera Wang, Vince, Sam Edelman, Franco Sarto, Carlos Santana and Fergie Footwear — keep fashionistas in step with the latest trends. At Brown Shoe Company, we inspire people to feel good and live better... feet first! Brown Shoe Company, Inc.Peggy Reilly Tharp, 314-854-4134ptharp@brownshoe.com