Shoe Carnival, Inc. (Nasdaq: SCVL), a leading retailer of value-priced footwear and accessories, today announced that Kerry Jackson, the Company's Chief Financial Officer, will participate in the 13th Annual ICR XChange Conference on Wednesday, January 12, 2011 in Dana Point, CA.

Shoe Carnival's investor presentation is scheduled for Wednesday, January 12, 2011 at 2:55 p.m. PT (5:55 p.m. ET). The audio portion of the presentation will be webcast live, and a replay will be available until Wednesday, January 26, 2011 on the Investors section of the Company's website at www.shoecarnival.com.

About Shoe Carnival

Shoe Carnival is a chain of 315 footwear stores located in the Midwest, South and Southeast. Combining value pricing with an entertaining store format, Shoe Carnival is a leading retailer of name brand and private label footwear for the entire family. Headquartered in Evansville, IN, Shoe Carnival trades on The NASDAQ Stock Market LLC under the symbol SCVL. Shoe Carnival's press releases and annual report are available on the Company's website at www.shoecarnival.com.

Shoe Carnival, Inc.
Mark L. Lemond
President and Chief Executive Officer
or
W. Kerry Jackson
Executive Vice President, Chief Financial Officer
and Treasurer
812-867-6471
www.shoecarnival.com