MAY Malaysia Fund (The)

The May Department Stores Company Reports Sales for February ST. LOUIS, March 3 /PRNewswire-FirstCall/ -- The May Department Stores Company (NYSE:MAY) reported preliminary net sales of $1.01 billion for the four-week period ended Feb. 26, 2005, a 14.5% increase from $880 million in the similar period last year. Store-for-store sales decreased 4.2%. February store-for-store sales decreased 4.1%, excluding the remaining seven stores that May previously announced it will divest. Net sales were as follows: Fiscal Fiscal Percent Store-for-Store Decrease (dollars in millions) 2005 2004 Increase Actual Adjusted * February $1,007.8 $880.4 14.5% (4.2)% (4.1)% * Excludes the remaining seven stores that May previously announced it will divest. Net sales include merchandise sales and lease department income. Store- for-store sales compare sales of stores open during both years beginning the first day a new store has prior-year sales and exclude sales of stores closed during both years. May's Bridal Group opened one David's Bridal store in Washington and two After Hours Formalwear stores in California and Nebraska. The May Department Stores Company currently operates 491 department stores under the names of Famous-Barr, Filene's, Foley's, Hecht's, Kaufmann's, Lord & Taylor, L.S. Ayres, Marshall Field's, Meier & Frank, Robinsons-May, Strawbridge's, and The Jones Store, as well as 240 David's Bridal stores, 448 After Hours Formalwear stores, and 11 Priscilla of Boston stores in its Bridal Group. May operates in 46 states, the District of Columbia, and Puerto Rico. For more information, contact Sharon Bateman at 314-342-6494. DATASOURCE: The May Department Stores Company CONTACT: Sharon Bateman for The May Department Stores Company, +1-314-342-6494

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