Neiman Marcus Comps Climb 7.7% in February

The Neiman Marcus Group announced the following preliminary Company-wide revenues:

 
                                   4 weeks ended
                            February 26,     February 28,
                                2005             2004       % Change
                         ------------------ --------------- ---------

Total Revenues              $275 million     $258 million        6.5%

Comparable Revenues         $273 million     $254 million        7.7%

Comparable revenues for the four weeks ended February 28, 2004 exclude the sales of Chef’s Catalog prior to its disposition in November 2004.

The increase in comparable revenues at the Neiman Marcus Group in the four-week February 2005 period was 7.7 percent, while the increase for the same period last year was 24.9 percent.

In the four-week February period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 6.6 percent. Revenue growth trends were the strongest in the Company’s stores in the West and Southeast. Merchandise that sold well in the Specialty Retail Stores segment included women’s contemporary sportswear, designer jewelry, accessories and men’s and women’s shoes.

Comparable revenues at Neiman Marcus Direct in the four-week February period increased 20.2 percent. The top selling merchandise categories in the Direct Marketing segment included women’s contemporary sportswear and dresses, jewelry and women’s shoes and handbags.