CALERES INC — Director's Dealing 2005

Mar 7, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN SHOE CO INC (BWS)
CIK: 0000014707
Period of Report: 2005-03-03

Reporting Person: SULLIVAN DIANE M (President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-03	Employee Stock Option (right to buy)	$33.555	A	20000	Acquired	2015-03-03	Common Stock (20000)	Direct

Footnotes

F1: The options become exercisable in four equal annual installments beginning 3/3/06.