Federated Board Declares Quarterly Dividend

From: ASAP


The board of directors of Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) declared a regular quarterly dividend of 12.5 cents a share on Federated common stock.

The dividend is payable October 1, 2003 to shareholders of record at the close of business on September 15, 2003.

Federated, with corporate offices in Cincinnati and New York, is one of the nation's leading department store retailers, with annual sales of more than $15.4 billion. Federated operates more than 450 stores in 34 states, Guam and Puerto Rico under the names of Macy's, Bloomingdale's, Bon-Macy's, Burdines, Goldsmith's- Macy's, Lazarus-Macy's and Rich's-Macy's. The company also operates macys.com and Bloomingdale's By Mail.

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