Neiman Marcus Sees August Comps Jump 14.7%

The Neiman Marcus Group, Inc. announced preliminary company-wide revenues for August 2004. Total comp stores sales rose 14.7% for the period. Comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf Goodman, increased 17.2%. Comparable revenues at Neiman Marcus Direct in the four-week August period increased 2.5%.

                            4 weeks ended
                       August 28, 2004     August 30, 2003   % Change
                     -------------------- ------------------ ---------

Total Revenues           $240 million        $209 million       14.8%

Comparable Revenues      $240 million        $209 million       14.7%

In the four-week August period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf Goodman, increased 17.2 percent. The Company experienced strong sales trends in all of its geographic regions and across all of its merchandise categories.

Comparable revenues at Neiman Marcus Direct in the four-week August period increased 2.5 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, handbags and accessories.

Based on the current sales trends, the Company anticipates its comparable revenues for the first quarter of fiscal year 2005 to increase in the range of 7 percent to 9 percent versus the first quarter of fiscal year 2004 comparable revenues of 10.7 percent.