Stein Mart, Inc. total sales for the month of June were $133.9 million compared to $131.7 million last year, a 1.7% increase. Comparable store sales for the fiscal period ended July 1, 2006, increased 0.9%.

                                 Total Sales                Percent Change
                                                        Total      Comparable
    Fiscal Period:             2006         2005        Sales     Store Sales
    June (5 weeks)            $133.9       $131.7        1.7%         0.9%
    Year to date (22 weeks)   $618.3       $630.2       (1.9)%       (2.7)%

In June, the best performances came from Ladies dresses, social separates, special sizes and Men’s sportswear. The fashion areas of the new home assortment (furniture, seasonal, and top-of-bed) continue to gain strength, and the exit of the Children’s business continues on schedule. Geographically, sales were strongest in California and along the Gulf coast.

There were 262 Stein Mart stores in operation at the end of June 2006 as compared to 260 stores at the same time last year.