Neiman Marcus Comps Up 9.7% In October

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

                                     4 weeks ended
                       November 1, 2003    November 2, 2002  % Change
                    ---------------------- ----------------- ---------

Total Revenues               $272 million      $246 million      10.4%

Comparable Revenues          $270 million      $246 million       9.7%


                                    13 weeks ended
                                 (1st Fiscal Quarter)
                      November 1, 2003     November 2, 2002  % Change
                    ---------------------- ----------------- ---------

Total Revenues               $825 million      $734 million      12.5%

Comparable Revenues          $813 million      $734 million      10.7%

In the four-week October period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf Goodman, increased 6.4 percent. Revenue growth trends were the strongest in the Company's stores located in the Northeast region. Top merchandise categories were designer handbags, contemporary sportswear, jewelry, men's clothing and women's shoes.

Comparable revenues at Neiman Marcus Direct for the four-week October period increased 15.0 percent. The top selling merchandise categories in the Direct Marketing segment included furniture and rugs, women's apparel, jewelry and tabletop.