CALERES INC — Director's Dealing 2004

Jun 7, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2004-06-04

Reporting Person: SCHUMACHER RICHARD C (Sr.V-P & Chief Acctg. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-06-04	Common Stock	M	2000	$23.5625	Acquired	18137	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-06-04	Employee Stock Option (right to buy)	$23.5625	M	2000	Disposed	2005-05-25	Common Stock (2000)	Direct

Footnotes

F1: Includes 5,109 shares held indirectly by 401 (k) Plan.

F2: The option vested in four annual installments of 500 shares each on May 25, 1996, 1997, 1998, 1999.