Press Releases Date Title   07/28/06 (FDS) Federated Signs Letter of Intent to Sell Polaris Kaufmann's Store to Glimcher 07/20/06 (FDS) Federated to Sell Target 4 Stores in California, New Mexico and Pennsylvania 07/19/06 (FDS) Federated to Sell Downtown Philadelphia Store to Pennsylvania Real Estate Investment Trust 07/10/06 (FDS) Federated to Sell Downtown Boston Filene's Store to Vornado 06/22/06 (FDS) Federated Agrees to Sell Lord & Taylor to NRDC Equity Partners; Transaction Expected to Close in Third Quarter of 2006 06/19/06 (FDS) Federated Terminates Bridge Financing Facility; Company Resumes Share Repurchase Program 06/05/06 (FDS) Federated Sells Strawbridge's Cherry Hill Store to Pennsylvania Real Estate Investment Trust 05/23/06 (FDS) General Growth to Acquire Nine Federated Stores in Arizona, California, Delaware, Massachusetts, Maine and Texas 05/22/06 (FDS) Federated Completes First of Two Transactions in May Company Credit Card Portfolio Sale to Citigroup 05/10/06 (FDS) Federated Reports First Quarter Loss of 27 Cents Per Diluted Share From Continuing Operations; Diluted EPS is 2 Cents, Excluding Merger Integration Costs and Inventory Valuation Adjustments 05/01/06 (FDS) Simon to Acquire Nine Federated Stores in Indiana, Massachusetts, New Hampshire and Pennsylvania 05/01/06 (FDS) Federated Completes Second Credit Card Receivables Transaction with Citigroup 04/27/06 (FDS) Macy's Unveils Extensive Plans for State Street Flagship Store; Retailer Plans Series of Enhancements for Legendary Department Store in Chicago 03/27/06 (FDS) Mall Developer to Acquire Macy's Warwick Store 03/23/06 (FDS) Federated to Close Washington, D.C. Distribution Center 03/10/06 (FDS) Federated to Divest Scottsdale Robinsons-May Store 03/10/06 (FDS) Federated to Close or Convert Six Lord & Taylor Stores; Center City Philadelphia Lord & Taylor to become Macy's 02/21/06 (FDS) Federated Reports Fourth Quarter Earnings of $2.45 Per Diluted Share from Continuing Operations; Diluted EPS is $2.74, Excluding Merger Integration Costs and Inventory Valuation Adjustments 02/17/06 (FDS) Westfield to Acquire 15 Federated Stores in California, Connecticut, Maryland and Ohio 02/06/06 (FDS) Boscov's to Acquire 10 Federated Stores in Pennsylvania, Maryland and New Jersey 01/19/06 (FDS) Federated to Consolidate Distribution Centers 01/12/06 (FDS) Federated to Divest Lord & Taylor 12/21/05 (FDS) Federated Announces New Division Management 11/10/05 (FDS) Robinsons-May Beverly Hills Store To Close 10/27/05 (FDS) Roche, Stiritz to Join Federated Board of Directors 10/25/05 (FDS) Federated Announces Credit Facility Consolidation 10/24/05 (FDS) Federated Identifies Six Additional Stores for Divestiture 10/24/05 (FDS) Federated Completes First of Three Credit Card Receivables Transactions with Citigroup 10/17/05 (FDS) Federated Names Principals for Its St. Louis-Based Division 09/20/05 (FDS) Federated Announces Strategic Decisions to Integrate May Company Acquisition; Company to Focus on Building the Macy's and Bloomingdale's Brands While Increasing Profitability 08/30/05 (FDS) Federated Completes Merger with May Company 07/28/05 (FDS) Federated Announces Plan to Expand Macy's Brand in 2006; About 330 May Company Stores to Convert to Macy's Nameplate Following Merger 07/13/05 (FDS) Federated Shareholders Vote to Approve May Merger 07/13/05 (MAY) Shareowners of The May Department Stores Company Approve Merger with Federated Department Stores, Inc. 06/02/05 (FDS) Federated Announces Strategic Credit Alliance with Citigroup; Transactions Encompass Receivables Sale and Ongoing Partnership 05/27/05 (FDS) Federated and May Announce Shareowners' Meetings Confirmed for July 13, 2005 05/27/05 (MAY) Federated and May Announce Shareowners’ Meetings Confirmed for July 13, 2005 04/07/05 (FDS) FTC Issues Request for Additional Information in Federated/May Merger 04/07/05 (MAY) FTC Issues Request for Additional Information in Federated/May Merger 02/28/05 (FDS) ADVISORY/Audio Link Available to 11 a.m. Press Conference 02/28/05 (FDS) Federated and May Announce Merger; $17 billion transaction to create value for customers, shareholders 02/28/05 (MAY) Federated And May Announce Merger