Neiman Marcus Silences Its Own Shareholders
Company Refuses to Admit Anti-Fur Shareholders into Annual Meeting

Newton, MA—The Neiman Marcus Group (NYSE: NMG.A, NMG.B) yesterday refused to admit five of its own shareholders into the Neiman Marcus Group's annual stockholders meeting. The shareholders had traveled from Washington, D.C., to the meeting at the Boston Newton Marriott Hotel in the hopes of asking questions regarding Neiman Marcus' continued sale of fur products.

The company knew weeks in advance that the five shareholders (Lance Morosini, Miyun Park, Dawn Ratcliffe, and Paul Shapiro) planned to attend the annual meeting and ask questions about the company's pro-fur policy, but chose to tell them 30 minutes before the meeting that they were being denied entry, citing the company's suspicion that they would be "disruptive" during the meeting.

The shareholders are currently looking into their legal options.

According to a Neiman Marcus shareholder, "Neiman Marcus is trying to silence its shareholders who object to the company's policy of support for the fur industry. However, Neimans cannot hide from the public its role in the torture and abuse of animals for mere vanity items—fur coats."

The Neiman Marcus mission statement asserts: "We will adhere to the highest levels of integrity and ethical standards…We will be socially and environmentally responsible." Yet, Neimans' support for the wholesale exploitation of wildlife for vanity products clearly contradicts this policy.

Recently released findings from a poll on the attitudes of upscale consumers toward fur conducted by Decision Research for The Fund for Animals, a national wildlife advocacy organization, revealed that 54 percent of upscale consumers consider selling fur products to be socially irresponsible. By more than a four-to-one margin, upscale consumers prefer to shop at stores that do not sell fur. (For more information on the poll, see www.NeimansKills.com.)

Animals are left to languish in tiny cages or are caught in steel-jaw leghold traps—all in the name of fashion and profit. Killing methods on fur "farms" range from gassing and neck-breaking to drowning and anal electrocution. Animals who are trapped in the wild can suffer for hours and even days in steel-jaw leghold traps without food or water. Some gnaw off their own limbs in attempts to free themselves, only to die later of blood-loss or exposure.

For more information on the campaign, please visit www.NeimansKills.com.

-30-

A shareholder holds his Neiman Marcus share while discussing the issue with (from left to right) Gary Manson (NM's head security officer), Tony Banks (NM's attorney), and a Newton police officer.