Neiman Marcus Comps Jump 15.2%

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

                                  4 weeks ended
                           January 31,        February 1,
                               2004              2003        % Change
                       -------------------- --------------- ----------

Total Revenues             $216 million      $187 million        15.4%

Comparable Revenues        $216 million      $187 million        15.2%



                                  13 weeks ended
                               (2nd Fiscal Quarter)
                           January 31,        February 1,
                               2004              2003        % Change
                       -------------------- --------------- ----------

Total Revenues            $1,055 million     $938 million        12.4%

Comparable Revenues       $1,051 million     $937 million        12.2%

In the four-week January period, comparable revenues in the
Specialty Retail Stores segment, which includes Neiman Marcus stores
and Bergdorf Goodman, increased 12.8 percent. Revenue growth trends
were the strongest in the Company's stores in the West. Top
merchandise categories were designer handbags and accessories,
jewelry, women's contemporary sportswear and dresses, women's fine
apparel and men's categories.

Comparable revenues at Neiman Marcus Direct for the four-week
January period increased 20.7 percent. In the direct-to-consumer
business, the Neiman Marcus brand experienced the highest
year-over-year sales performance, supported by strong sales in women's
contemporary sportswear and dresses and women's shoes.

Comparable revenues for the Neiman Marcus Group for the second
quarter of fiscal year 2004 increased 12.2 percent. For the second
quarter of fiscal year 2004, Specialty Retail Stores comparable
revenues increased 10.5 percent which represents a comparable revenue
increase of 9.2 percent at Neiman Marcus Stores and 20.5 percent at
Bergdorf Goodman. Neiman Marcus Direct second quarter fiscal year 2004
revenues were 18.7 percent above last year.

The Company currently expects earnings in the range of $1.16 to
$1.21 per share for the second quarter of fiscal year 2004 which
includes approximately $0.16 related to favorable settlements
associated with previous state tax filings. The Company currently
expects comparable store revenues for the third quarter of its fiscal
year 2004 to increase in the range of 8 percent to 10 percent compared
to last year.