Steven Madden Ltd. to Broadcast Review of Fourth Quarter Results Over the Internet

Y.m. Pickering Ontario L1V 4H7
Shopping Centres

Joggers Tecumseh Mall 7650 TECUMSEH Windsor Ontario N8T 1E9
ROAD EAST

Joggers Heartland Town 5935 MAVIS RD.

raquetball wicking

Georgetown Ontario L7G 4B1
Market Place

Joggers Mountain View HWY. Peterborough Ontario K9H 7J6

Joggers Erin Mills Town 5100 ERIN MILLS Mississauga Ontario L5M 4Z5
Centre PARKWAY

Joggers Seaway Mall 800 NIAGARA ST.

subjects shoes

(Logo: http:/ /www. LONG ISLAND CITY, N.
This will be a very popular sale. Tillsonburg Ontario N4G 5A7
Town Centre

Joggers Portage Place 1154 CHEMONG RD.

charlie rackets

newscom. designs and markets fashion -forward footwear and
accessories for women, men and children. Such forward-looking
statements involve known and unknown risks, uncertainties and other unknown
factors that could cause the actual results of the Company to be materially
different from the historical results or from any future results expressed or
implied by such forward-looking statements.

``Joggers'' Going Out of Business; Deep Discounts Offered On Brand Name Athletic Footwear and Apparel

With great brands being offered at
very compelling discounts, the selection won't last long.

Joggers Lambton Mall 1380 LONDON ROAD Sarnia Ontario N7S 1P8

Joggers Stone Road Mall 435 STONE RD.

squash charlie

(NYSE: NKE) declared a cash dividend of twenty-five cents
($0."

Hilco Merchant Resources, LLC (www.

Joggers Conestoga Mall 550 KING ST.

Joggers First Railside 1063 TALBOT ST. St Thomas Ontario N5P 1G4
Shopping
Centre

Joggers Brookdale Mall 965 BROOKDALE Cornwall Ontario K6J 4P5
AVE

Joggers First Montclair 489 NORWICH AVE .

Campus St Jacobs 25 BENJAMIN RD.

This category lists dealers that retail primarily equipment for squash.

shoes raquetball

Statements in this press release that are not statements of historical or
current fact constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Stratford Ontario N5A 6W6
Place

Joggers Promenade Mall 1 PROMENADE Thornhill Ontario L4J 4P8
CIRCLE

Joggers Northgate 1500 FISHER ST.

racquet footwear

#2, Midland Ontario L4R 4K2
Mall P.

mask shoes

25) per share on its outstanding Class A Common Stock and Class B Common
Stock payable July 5, 2005 , to shareholders of record at the close of business
on June 13, 2005., which designs, markets and
distributes athletic footwear, apparel and accessories; Bauer NIKE Hockey
Inc. Eastern Time. Ben Nortman, Executive Vice President of
Hilco Merchant Resources stated, "This is an outstanding opportunity
for consumers to enjoy unprecedented savings on an outstanding
selection of the best brand names in athletic footwear and apparel. The 10 divisions of The Hilco Organization currently employ
over 275 professionals and 250 consultants in offices throughout North
America and Europe. North Bay Ontario P1B 2H3
Square
Shopping
Centre

Joggers Billings Bridge 2277 RIVERSIDE Ottawa Ontario K1H 7X6
Plaza DR. Woodstock Ontario N4V 1B9
Square

Joggers Riocan 3161 GREENBANK Nepean Ontario K2J 4H9
Marketplace RD. Cambridge Ontario N1S 2L8
Crew Outlet Mall

Campus Elgin Mall 417 Wellington St.

footwear raquetball

The forward
looking statements contained herein are also subject generally to other risks
and uncertainties that are described from time to time in the Company's
reports and registration statements filed with the Securities and Exchange
Commission.

Business Editors

BRANTFORD, Ontario----

Hilco Merchant Resources Managing Store Closings and Inventory
Liquidation

Inventory liquidation sales have just begun at all 36 Joggers
stores and at 10 selected Campus Crew locations. Consumers are taking advantage of
tremendous savings on leading brands including Nike, Reebok, adidas,
Brooks and many others famous names.

eyeware grips

BOX 2

Joggers Simcoe Town 150 WEST STREET Simcoe Ontario N3Y 5C1
Centre

Joggers County Fair 275 BROCKVILLE Smith Falls Ontario K7A 4Z6
Mall ST. Guelph Ontario N1G 2X6

Joggers White Oaks Mall 1105 WELLINGTON London Ontario N6E 1V4
ROAD

Joggers London North 1250 FANSHAWE London Ontario N5X 3Z8
PARK RD. Waterloo Ontario N2V 2G8
Crew Factory Outlet
Mall

Campus Tecumseh Mall 7650 TECUMSEH Windsor Ontario N8T 1E9
Crew ROAD EAST

Campus Seaway Mall 800 NIAGARA ST. Cookstown Ontario L0L 1L0
Crew Rd.

dealers subjects

http://phx., an affiliate of U. Welland Ontario L3C 5Z4
Crew

Campus Place D'Orleans 110 PLACE Orleans Ontario K1C 2L9
Crew D'ORLEANS DRIVE

Campus Bayshore 100 BAYSHORE Nepean Ontario K2B 8C1
Crew Shopping DRIVE
Centre

Campus Southworks 64 GRAND AVE.

raquets eyewear

corporate-ir.
UNIT B3

Joggers Green Lane 18170 YONGE ST. Ontario L2T 2K9
Crew AVENUE Catharines

Campus Square One 100 CITY CENTER Mississauga Ontario L5B 2C9
Crew DR.

eyeware shoes

To access the call, please visit the below web address. A huge inventory of
athletic footwear and apparel is being discounted up to 40% off
everyday low value prices.
HMR Canada I, Inc. based Hilco Merchant
Resources, LLC, has been selected to manage the inventory liquidation
sales at all 54 locations.#3 Catharines

Joggers Riocan Centre 626 GARDINERS Kingston Ontario K7M 3X9
RD.

Campus Cookstown Mall #3311 COUNTY RD.

eyewear eyeware

NIKE Declares Dividend

At Joggers and Campus Crew, shoppers will find outstanding values
on performance running, basketball and tennis shoes.93,R.

Joggers Joggers Outlet 80 MORTON AVE.
#1

bags grips

Ontario L2R 6P9
Shopping Centre RD., R., UNIT 13

Joggers First Simcha 1899 BROCK RD. Mississauga Ontario L5R 3T7
Centre

Campus Pen Centre 221 GLENDALE St. S.

johnson wicking

, Steven Madden,
Ltd. The shoes and accessories are sold
through company-owned retail stores, department stores, apparel and footwear
specialty stores, and on-line at http://www.R. Newmarket Ontario L3Y 4V8
Centre

Joggers Cambridge Power 46 PINEBUSH ROAD Cambridge Ontario N1R 8K5
Centre

Joggers First Garden 420 VANSICKLE St.

balls subjects

e. Footwear, Candie's Footwear and UNIONBAY Men's
Footwear.#4

Joggers Limeridge Mall 999 UPPER Hamilton Ontario L9A 4X5
WENTWORTH ST. Thomas Ontario N5R 5J5
Crew St.

apparel wicking

In addition to statements which
explicitly describe such risks and uncertainties readers are urged to consider
statements labeled with the terms "believes," "belief," "expects," "intends ,"
"anticipates" or "plans" to be uncertain and forward-looking. Hilco is a leading provider of retail
and industrial asset appraisals and business valuations, business
asset acquisition and disposition services covering inventory, real
estate, machinery and equipment, accounts receivable and specialty
financing. Welland Ontario L3C 5Z4

Joggers Orangeville 150 FIRST STREET Orangeville Ontario L9W 3T7
Mall

Joggers Quinte Mall 390 NORTH FRONT Belleville Ontario K8P 3E1
ST.

wellington eyeware

hilcotrading.O.R.

Joggers Festival Market 1067 ONTARIO ST. #89, R.

mask johnson

stevemadden.hilcomerchantresources.com)
provides high-yield strategic retail inventory disposition and store
closing services to healthy retailers as well as those undergoing
restructuring . Over the years, Hilco principals have disposed of
retail inventory valued in excess of $30 billion . Hilco Merchant
Resources is part of the Hilco Organization (www.com),
headquartered in Chicago , IL.

apparel raquets

The Company has
several licenses for the Steve Madden brand, including eyewear and hosiery and
owns and operates 99 retail stores, including its online store.i. Athletic wear,
tee shirts , hats and team licensed apparel are also being
significantly discounted.

wicking apparel

, The Board of Directors
of NIKE, Inc.com/cgi-bin/prnh/19990818/NIKELOGO)

NIKE, Inc. W.

novice apparel

based in Beaverton, Oregon is the world's leading designer,
marketer and distributor of authentic athletic footwear, apparel , equipment
and accessories for a wide variety of sports and fitness activities. An online archive
of the broadcast will be available at this link until March 16, 2006.com.S.

NOTE TO EDITORS: A complete list of stores being closed
accompanies this press release.

Postal
Store Location Address City Province Code
------- --------------- ---------------- ------------ -------- -------

Joggers Huntsville 70 KING WILLIAM Huntsville Ontario P1H 2A5
Place Mall ST

Joggers Georgetown 280 GUELPH ST.

Joggers Lynden Park 84 LYNDEN ROAD Brantford Ontario N3R 6B8
Mall

Joggers Orillia Square 1029 BRODIE, Orillia Ontario L3V 6H4
R.

Joggers Woodbine Centre 500 REXDALE Rexdale Ontario M9W 6K5
BVLD. W.

mask instructor

BEAVERTON, Ore. Wholly
owned Nike subsidiaries include Converse Inc., a leading designer and distributor of hockey equipment; Cole Haan, a
leading designer and marketer of luxury shoes, handbags, accessories and
coats; Hurley International LLC , which designs, markets and distributes action
sports and youth lifestyle footwear, apparel and accessories and Exeter Brands
Group LLC, which designs and markets athletic footwear and apparel for the
value retail channel.net/phoenix. Each store offers a wide range of
sizes in a well stocked assortment of the newest and most popular
styles for men, women and children. Brantford Ontario N3R 7J7
Store E.R.R.

dealers shirts

(Nasdaq: SHOO), a leading designer, wholesaler and marketer of fashion
footwear and accessories for women, men and children, today announced that the
Company's conference call to review fourth quarter and fiscal year 2005
results will be broadcast live over the Internet on Thursday, March 2, 2006,
at 10:00 a.zhtml?p=irol-
eventDetails+c=113367+eventID=1207210

Steven Madden, Ltd. The Company is
also the licensee for l. Waterloo Ontario N2L 5W6
NORTH

Joggers Tillsonburg 200 BROADWAY ST.