Fiscal 2004 – 4th QuarterFinancial Highlights

• NMG

  • Comparable Sales 12.5%
  • Net Earnings Growth* 187.1%

• Specialty Retail

  • Comparable Store Sales 11.4%
  • Operating Earnings Growth 158.3%

• Neiman Marcus Direct

  • Sales Growth 18.9%
  • Operating Earnings Growth 61.3%

* Includes $3.9M impairment charge.

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