CALERES INC — Director's Dealing 2004

Aug 2, 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: MCGINNIS PATRICIA G (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2000-01-29	Phantom Stock	$	A	398.8604	Acquired		Common Stock (398.8604)	Direct
2000-04-29	Phantom Stock	$	A	994.664	Acquired		Common Stock (994.664)	Direct
2000-07-29	Phantom Stock	$	A	851.8842	Acquired		Common Stock (851.8842)	Direct
2000-10-28	Phantom Stock	$	A	923.4571	Acquired		Common Stock (923.4571)	Direct
2001-02-03	Phantom Stock	$	A	443.7168	Acquired		Common Stock (443.7168)	Direct
2001-05-05	Phantom Stock	$	A	497.9394	Acquired		Common Stock (497.9394)	Direct
2001-08-04	Phantom Stock	$	A	677.5822	Acquired		Common Stock (677.5822)	Direct
2001-11-03	Phantom Stock	$	A	764.201	Acquired		Common Stock (764.201)	Direct
2002-02-02	Phantom Stock	$	A	553.0207	Acquired		Common Stock (553.0207)	Direct
2002-05-04	Phantom Stock	$	A	564.9893	Acquired		Common Stock (564.9893)	Direct
2002-08-03	Phantom Stock	$	A	608.8455	Acquired		Common Stock (608.8455)	Direct
2002-11-02	Phantom Stock	$	A	447.7004	Acquired		Common Stock (447.7004)	Direct
2003-02-01	Phantom Stock	$	A	330.4837	Acquired		Common Stock (330.4837)	Direct
2003-05-03	Phantom Stock	$	A	394.8405	Acquired		Common Stock (394.8405)	Direct
2003-08-02	Phantom Stock	$	A	297.7186	Acquired		Common Stock (297.7186)	Direct
2003-11-01	Phantom Stock	$	A	345.404	Acquired		Common Stock (345.404)	Direct
2004-01-31	Phantom Stock	$	A	243.164	Acquired		Common Stock (243.164)	Direct
2004-05-01	Phantom Stock	$	A	406.1423	Acquired		Common Stock (406.1423)	Direct
2004-07-31	Phantom Stock	$	A	313.0716	Acquired		Common Stock (313.0716)	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.