The Board of Directors of Brown Group, Inc. today declared a regular quarterly dividend of 10 cents per share, payable April 1, 1998 to shareholders of record on March 16, 1998.

ST. LOUIS, MISSOURI (WIRE NEWS), March 5, 1998 -- The Board of Directors of Brown Group, Inc. today declared a regular quarterly dividend of 10 cents per share, payable April 1, 1998 to shareholders of record on March 16, 1998.

The dividend will be the 301st consecutive quarterly dividend paid by the company.

Brown Group, Inc. is a $1.5 billion footwear company with worldwide operations. The Company operates the Famous Footwear, Naturalizer and F. X. LaSalle chains of footwear retail stores and markets leading brands including Naturalizer, Life Stride, NaturalSPORT, the Larry Stuart Collection, le coq sportif athletic footwear, and licensed brands including Dr. Scholl's, Star Wars and Disney character footwear.

Brown Group, Inc. press releases are available by fax through PR Newswire's Company News On-Call fax service at 800-758-5804, extension 109435.

Brown Group, Inc.
8300 Maryland Avenue
Post Office Box 29
St. Louis, Missouri 63166-0029
(314) 854-4000

For more information contact:

Mary Sylvia Siverts
Vice President - Public Affairs
(314) 854-4093

media-inquiries@browngroup.com