Neiman Marcus Reports 6.4% Comp Jump

Neiman Marcus reported comparable stores rose 6.4% in June. Total revenues increased 8.8% to $406 million from $373 million.

In the five-week June period, comparable revenues in the Specialty
Retail Stores segment, which includes Neiman Marcus stores and Bergdorf
Goodman, increased 6.2%. Revenue growth trends were the strongest in
the company’s stores in the West, Texas and New York City. The
merchandise categories in the Specialty Retail Stores segment that
performed the strongest included jewelry, designer handbags, shoes,
women’s fine apparel and men’s.

Comparable revenues at Neiman Marcus Direct in the five-week June
period increased 7.7%. The top selling merchandise categories in the
Direct Marketing segment included shoes, handbags, jewelry, women’s
contemporary sportswear and men’s.

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

In July 2007, the company made a $75 million optional principal payment on its senior secured term loan facility.