The release mentioned Edward Rosenfeld, Chairman and CEO, presenting at the conference. The company will be attending the Telsey Advisory Group�s 2009 Consumer Conference and meeting with investors. The Company will not be conducting a formal presentation and therefore, there will be no webcast.

The corrected release reads:

STEVE MADDEN ANNOUNCES PARTICIPATION IN TELSEY ADVISORY GROUP�S 2009 CONSUMER CONFERENCE

Steve Madden, (Nasdaq: SHOO), a leading designer and marketer of fashion footwear and accessories for women, men and children, today announced that management will participate in the Telsey Advisory Group�s 2009 Consumer Conference at The Westin Time Square in New York City.

About Steve Madden

Steve Madden designs and markets fashion-forward footwear and accessories for women, men and children. The shoes and accessories are sold through company-owned retail stores, department stores, apparel, footwear, and accessories specialty stores, and online at http://www.stevemadden.com/. The Company has several licensees for its brands, including for outerwear, cold weather accessories, eyewear, hosiery, and bedding and bath products and owns and operates 95 retail stores, including its online store. The Company is the licensee for footwear, handbags and belts for Fabulosity, for footwear for Elizabeth and James and l.e.i. and for handbags and belts for Betsey Johnson and Daisy Fuentes.

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