Neiman Marcus, Inc. announced preliminary Company-wide revenues for January 2007. In the four-week January period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 9.8%. Total January revenues were $275 million compared to $243 million, a 13.3% increase.

Revenue growth trends were the strongest in the Company’s stores in the Midwest and Northeast. The merchandise categories in the Specialty Retail Stores segment that performed the strongest included precious jewelry, women’s designer apparel and dresses, shoes, handbags and men’s.

Comparable revenues at Neiman Marcus Direct in the four-week January period increased 18.1%. The top selling merchandise categories in the Direct Marketing segment included jewelry, handbags, women’s apparel and shoes and men’s.

Comparable revenues for Neiman Marcus, Inc. for the second quarter of fiscal year 2007 increased 6.8%. For the second quarter of fiscal year 2007 Specialty Retail Stores comparable revenues increased 7.0% which represents a comparable revenue increase of 5.5% at Neiman Marcus Stores and 17.5% at Bergdorf Goodman. Neiman Marcus Direct second quarter fiscal year 2007 revenues were 6.1% above last year.

In January 2007, the Company made a $175 million optional principal payment on its senior secured term loan facility.

The Company’s four-week reporting period is consistent with last year and reflects a 4-5-4 week second quarter.

4 weeks ended
January 27,

2007

January 28,

2006

 % Change
Total Revenues $275 million $243 million 13.3%

Comparable Revenues

$270 million

$243 million

11.3%
13 weeks ended

(2nd Fiscal Quarter)

January 27,

2007

January 28,

2006

% Change

Total Revenues

$1,296 million

$1,194 million

8.5%
Comparable Revenues $1,276 million $1,194 million 6.8%

All figures have been adjusted to exclude the revenues of Gurwitch
Products, L.L.C. and Kate Spade LLC.