Shaping our Platform for Growth

6.4%

7.6% 7.9%

12.2%

11.2%

0.0%

2.5%

5.0%

7.5%

10.0%

12.5%

2002 2003 2004 2005 2006

YTD

Department Store

Market Share

Improvement at

Wholesale*

0

500

1,000

1,500

2,000

2,500

2002 2003 2004 2005 2006E

0

20

40

60

80

100

120

Sales and Operating

Earnings

Improvement for

BWS (millions $)

Operating

Earnings

4.2%

4.8%

5.4% 5.6%

7.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

2002 2003 2004 2005 2006

YTD

Operating Margin

Improvement at

Famous Footwear

.Net sales increased from

$1.84 à $2.29 billion in

2005

.Operating earnings

increased from $71 à

$89 million in 2005

.Operating margin

steadily improving at

Famous Footwear

.Wholesale market

share in dept. stores

more than doubled

* Reflects NPD Group Reported POS Dollar Volume.

Year-to-Date October 2006.

Sales

11