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The Neiman Marcus Group Declares Quarterly Dividend

15 per share
for its Class A and Class B common stock, payable on May 13, 2005, to
shareholders of record at close of business on April 29, 2005.

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, has signed a distribution agreement with Linea Pelle, the premier
vintage leather belt designer in the USA. Utilizing the finest Italian leather and
inimitable hardware, sourced worldwide , each belt is created by hand to
impart a distinctive look for every anthology.

About Victory Capital Holdings Corp: Victory Capital Holdings Corporation
(VTYC) is a publicly traded company designed to leverage the assets of
existing businesses, with proven technology and to infuse those assets with
marketing, management and financial support to become the recognized leader
in its space (http://www.
These and other factors that may adversely effect the Company's
future performance or financial condition are contained in its Annual
Report in Form 10-K and other reports filed with and available from
the Securities and Exchange Commission.

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Factors that could cause actual results to
differ materially from those expressed or implied by such forward-looking
statements include , but are not limited to, those discussed in filings made
by the Company with the Securities and Exchange Commission.A) (NYSE:NMG.

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PRESS RELEASE L+amp;M Resources Chosen to Represent Premier Vintage Leather Belt Line

vtyc. Because such statements include risks and uncertainties, actual
results may differ materially from those expressed or implied by such
forward-looking statements.

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Mirrored in every
introduction is Linea Pelle's unequivocal commitment to quality, style and
shaping the evolution of fashion's darling.com)

Martin Barrack, President, L&M Resources Inc.
From time to time , the Company may make statements that predict or
forecast future events or results, depend on future events for their
accuracy or otherwise contain "forward-looking information.

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The Company undertakes no
obligation to update or revise any forward-looking statements to
reflect subsequent events , new information or future circumstances.

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(www.

Business Editors

DALLAS----The Neiman Marcus Group,
Inc. (NYSE:NMG.

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" These
statements are made based on management's expectations and beliefs
concerning future events and are not guarantees of future performance.

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Linea Pelle is renowned for the production of the finest vintage-style
belts, distinguished by custom craftsmanship and avant-garde style.

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Their lines of
vintage leather belts grace the waistlines of the 'Who's Who' in Hollywood
and they are represented in all the better department stores and hundreds
of the finer clothing boutiques across North America.

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Victory Capital Holdings Corporation
(OTC BB: VTYC) announced today its wholly owned subsidiary, L&M Resources
Inc.
Established in 1986, the couture designs are marked by an expert eye and
impeccable attention to detail.

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The Company cautions readers that actual results may differ
materially as a result of various factors, some of which are beyond
its control, including but not limited to: political or economic
conditions; terrorist activities in the United States or escalation in
the international war on terrorism; disruptions in business at the
Company's stores, distribution centers or offices; changes in consumer
confidence resulting in a reduction of discretionary spending on goods
that are, or are perceived to be, "luxuries;" changes in demographic
or retail environments; changes in consumer preferences or fashion
trends; competitive responses to the Company's marketing,
merchandising and promotional efforts and/or inventory liquidations by
vendors or other retailers; changes in the Company's relationships
with key customers; delays in the receipt of merchandise ordered by
the Company due to work stoppages and/or other causes of delay in
connection with either the manufacture or shipment of such
merchandise; seasonality of the retail business; adverse weather
conditions , particularly during peak selling seasons; delays in
anticipated store openings and renovations; natural disasters;
significant increases in paper, printing and postage costs; litigation
that may have an adverse effect on the Company's financial results or
reputation; changes in the Company 's relationships with designers,
vendors and other sources of merchandise; the financial viability of
the Company's designers, vendors and other sources of merchandise; the
design and implementation of new information systems or enhancement of
existing systems; changes in foreign currency exchange rates; impact
of funding requirements related to the Company's noncontributory
defined benefit pension plan; changes in the Company's relationships
with certain of key sales associates; changes in key management
personnel; changes in the Company's proprietary credit card
arrangement that adversely impact its ability to provide consumer
credit; or changes in government or regulatory requirements increasing
the Company's cost of operations.

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com).

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, states, "In looking for an
accessory line to complement our existing offerings, we could not have been
more fortunate to strike this agreement with Linea Pelle.

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Linea Pelle has granted to L&M
sales and distribution rights for Linea Pelle branded belts into the United
Kingdom, Caribbean, Italy, Mexico, and South America.

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B) announced today that its Board of
Directors has declared a quarterly cash dividend of $0.

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Our international
distribution channels are very enthusiastic for this opportunity."

In other corporate related matters, Victory Capital continues to work on
the documentation for filing of the second quarter reports and is scheduled
to have them filed this week.

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Certain statements contained herein are "forward-looking" statements (as
such term is defined in the Private Securities Litigation Reform Act of
1995).

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lineapellecollection.