CALERES INC — Director's Dealing 2004

Aug 3, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2004-07-30

Reporting Person: RITTER JERRY E (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2000-01-29	Phantom Stock	$	A	444.4444	Acquired		Common Stock (444.4444)	Direct
2000-04-29	Phantom Stock	$	A	1044.6504	Acquired		Common Stock (1044.6504)	Direct
2000-07-29	Phantom Stock	$	A	887.6428	Acquired		Common Stock (887.6428)	Direct
2000-10-28	Phantom Stock	$	A	981.0717	Acquired		Common Stock (981.0717)	Direct
2001-02-03	Phantom Stock	$	A	414.5409	Acquired		Common Stock (414.5409)	Direct
2001-05-05	Phantom Stock	$	A	472.1936	Acquired		Common Stock (472.1936)	Direct
2001-08-04	Phantom Stock	$	A	645.9128	Acquired		Common Stock (645.9128)	Direct
2001-11-03	Phantom Stock	$	A	629.9279	Acquired		Common Stock (629.9279)	Direct
2002-02-02	Phantom Stock	$	A	585.1351	Acquired		Common Stock (585.1351)	Direct
2002-05-04	Phantom Stock	$	A	637.983	Acquired		Common Stock (637.983)	Direct
2002-08-03	Phantom Stock	$	A	681.2954	Acquired		Common Stock (681.2954)	Direct
2002-11-02	Phantom Stock	$	A	474.0949	Acquired		Common Stock (474.0949)	Direct
2003-02-01	Phantom Stock	$	A	349.9676	Acquired		Common Stock (349.9676)	Direct
2003-05-03	Phantom Stock	$	A	345.3141	Acquired		Common Stock (345.3141)	Direct
2003-08-02	Phantom Stock	$	A	403.38	Acquired		Common Stock (403.38)	Direct
2003-11-01	Phantom Stock	$	A	437.0204	Acquired		Common Stock (437.0204)	Direct
2004-01-31	Phantom Stock	$	A	356.6719	Acquired		Common Stock (356.6719)	Direct
2004-05-01	Phantom Stock	$	A	519.5573	Acquired		Common Stock (519.5573)	Direct
2004-07-31	Phantom Stock	$	A	412.934	Acquired		Common Stock (412.934)	Direct

Footnotes

F1: Each share of phantom stock represents the right to receive the fair market value of a share of common stock of the Company.

F2: The phantom stock will be settled in cash in annual installments over a five-year or ten-year period, or in a lump sum, at the Director's election when the Director's service as a director terminates.