Bakers Footwear Reports Second Quarter Fiscal 2005 Sales; Second Quarter Comparable Store Sales Increase 12.7%

Bakers Footwear Group (Nasdaq: BKRS), the leading
specialty retailer of moderately priced fashion footwear for young
women, with 225 stores, today reported second quarter net sales
figures.
   For the thirteen weeks ended July 30, 2005 (the Company's second
fiscal quarter) net sales increased 27.8% to $45.3 million up from
$35.4 million in the thirteen weeks ended July 31, 2004. Comparable
store sales in the second quarter increased 12.7% compared to a 3.0%
increase in the same period last year. For the twenty-six week year to
date period ended July 30, 2005 net sales increased 21.8% to $90.2
million up from $74.1 million in the twenty-six weeks ended July 31,
2004. Year to date comparable store sales increased 10.1% compared to
a 6.6% increase in the same period last year.
   During the second quarter of fiscal 2005, Bakers Footwear opened 6
new stores and remodeled 8 existing stores into its new store format
and currently operates 225 stores. The company now has 100 stores
operating in its new format. Comparable store sales for the Company's
72 new format locations open for more than a year increased by 15.1%
in the second quarter and by 13.8% in the first half of 2005.
   Peter Edison, Chairman and Chief Executive Officer of Bakers
Footwear Group, said, "Our stores continued to delight young female
shoppers, as evidenced by our 12.7% increase in comparable store sales
during the second quarter. Fueling this growth was continued strength
in sales of feminine and embellished open toe styles."
   Edison concluded, "Bakers is a preferred destination for the young
woman given our ability to consistently meet her expectations.
Increased traffic, along with an abundance of new trends for us to
capitalize on and our store expansion plans has us positioned for
continued growth during the balance of the year."

   About Bakers Footwear Group

   Bakers Footwear Group is a national, mall-based, specialty
retailer of distinctive footwear and accessories for young women. The
Company's merchandise includes private label and national brand dress,
casual and sport shoes, boots, sandals and accessories. The Company
currently operates over 200 stores nationwide under two formats,
Bakers and Wild Pair. Bakers stores focus on women between the ages of
15 and 29. Wild Pair stores offer fashion-forward footwear to both
women and men between the ages of 17 and 24.

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MEANING OF SECTION 27(A) OF THE SECURITIES ACT OF 1933 AND SECTION
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DUTY TO UPDATE SUCH STATEMENTS. ACTUAL FUTURE EVENTS AND CIRCUMSTANCES
COULD DIFFER MATERIALLY FROM THOSE SET FORTH IN THIS STATEMENT DUE TO
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