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David B. Rickard to Join Board of Directors of the May Department Stores Company; Edward E. Whitacre Jr. to Resign ST. LOUIS, Dec. 22 /PRNewswire-FirstCall/ -- The May Department Stores Company (NYSE:MAY) has announced that David B. Rickard will join its board of directors effective January 1, 2005. Mr. Rickard is executive vice president, chief financial officer and chief administrative officer of CVS Corporation, the largest retail pharmacy in the nation. May also announced that Edward E. Whitacre Jr., 63, chairman and chief executive officer of SBC Corporation, has resigned from the board effective Dec. 31, 2004. Gene S. Kahn, May's chairman and chief executive officer, said, "We are very pleased to welcome Dave Rickard to our board. He brings extensive financial and reporting expertise as well as overall top management experience, which he gained at some of the leading and most successful businesses operating today. We are fortunate to have an executive of his caliber and look forward to the insights and perspectives he will offer to our board." Mr. Kahn continued, "We sincerely regret that Ed Whitacre has chosen to resign from the board of directors. He has been a wise counselor, insightful advisor, and committed leader during his more than 15 years of service on our board. His fellow directors and all those at May who worked with him will truly miss him." Mr. Rickard, 57, assumed his current position at CVS Corporation in September 1999. Prior to that, he served as senior vice president and chief financial officer of RJR Nabisco Holdings Corporation from March 1997 to August 1999. Mr. Rickard has also served in various executive financial positions at Grand Metropolitan PLC, Kraft Foods Inc. and S.C. Johnson & Son Inc. Mr. Rickard serves on the board of Harris Corporation, is a member of the steering committee of the Financial Accounting Standards Advisory Council, and is a member of the Worldwide Retail Exchange. Mr. Rickard received a B.S. degree in social psychology in 1969 from Cornell University and an M.B.A. in Finance in 1971 from Harvard University. The May Department Stores Company currently operates 501 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 238 David's Bridal stores, 459 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 on (314) 342-6494. Note to Editors: To source a photograph of David B. Rickard, please see http://www2.mayco.com/common/releases/12222004_photos.html DATASOURCE: The May Department Stores Company CONTACT: Sharon Bateman, +1-314-342-6494, for The May Department Stores Company Web site: http://www2.mayco.com/

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