Shoe Carnival to Broadcast Review of First Quarter 2008 Financial Results over the Internet

Business Wire, May 22, 2008

EVANSVILLE, Ind. -- Shoe Carnival, Inc. (NASDAQ:SCVL), a leading retailer of value-price footwear and accessories, will hold its quarterly conference call to discuss first quarter results on Thursday, May 29, 2008 at 2:00 p.m. Eastern Time (1:00 p.m. Central Time).

This call is being webcast by Thomson Reuters and can be accessed at the Investors section of Shoe Carnival's website at www.shoecarnival.com.

The webcast is also being distributed over Thomson Reuter's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through Thomson Reuter's individual investor center at www.earnings.com or by visiting any of the investor sites in Thomson Reuter's Individual Investor Network. Institutional investors can access the call via Thomson Reuter's password-protected event management site, StreetEvents (www.streetevents.com).

About Shoe Carnival, Inc.

Shoe Carnival is a chain of 294 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 under the symbol SCVL. Shoe Carnival's press releases and annual report are available on the Company's website at www.shoecarnival.com.