Bakers Footwear Group, Inc. (OTC Bulletin Board: BKRS.OB) today announced that the Company will report fourth quarter fiscal 2010 results on Monday, March 28, 2011 before the market opens. The Company plans to conduct a conference call to discuss these results on the same day at 9:00 a.m. Eastern Time. The conference call will be hosted by Peter Edison, Chairman and Chief Executive Officer, and Charles R. Daniel III, Chief Financial Officer.

Investors and analysts interested in participating in the call are invited to dial (877) 407-0784 approximately five minutes prior to the start of the call. The conference call will also be webcast live at http://viavid.net/dce.aspx?sid=00008358. A replay of this call will be available until April 4, 2011 and can be accessed by dialing (877) 870-5176 and referencing pin number 369645. The webcast will remain available for 30 days at the same web address following the conference call.

About Bakers Footwear Group, Inc.

Bakers Footwear Group, Inc. is a national, mall-based, specialty retailer of distinctive footwear and accessories for young women. The Company's merchandise includes private label and national brand dress, casual and sport shoes, boots, sandals and accessories. The Company currently operates 232 stores nationwide. Bakers' stores focus on women between the ages of 16 and 35. Wild Pair stores offer fashion-forward footwear to both women and men between the ages of 17 and 29.

Company:
Charles R. Daniel, III, 314-621-0699
Chief Financial Officer
or
Investor:
ICR, Inc.
Allison Malkin/Anne Rakunas
203-682-8225/310-954-1113