Neiman Marcus June Comps Jump 13.0%

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

                                      5 weeks ended

                                 July 3,         July 5,
                                  2004            2003      % Change
                            ---------------- -------------- ---------

Total Revenues                $326 million    $289 million      13.0%

Comparable Revenues           $326 million    $288 million      13.0%

In the five-week June period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 13.5 percent. Stores in the Southeast and West had the strongest sales results for the month. The merchandise categories in the Specialty Retail Stores segment that performed well included designer handbags, women's shoes, women's couture and contemporary apparel, home decor and men's.

Comparable revenues at Neiman Marcus Direct in the five-week June period increased 9.2 percent. The top selling merchandise categories in the Direct Marketing segment included furniture and rugs, linens, women's apparel, shoes and jewelry.

Based on the current sales trends, the Company anticipates its comparable store revenues for the fourth quarter of fiscal year 2004 to increase in the range of 10 percent to 12 percent.