Analyst Coverage

Firm	Analyst
Avondale Partners, LLC	Mark Montagna
B.Riley & Co. LLC	Jeff VanSinderen
BB&T Capital Markets	Scott Krasik
Brean Murray Carret & Co.	Eric Beder
C.L. King & Associates	Steven Marotta
Canaccord Genuity	Camilo Lyon
Citigroup	Kate McShane
Cleveland Research Company	Daryl Boehringer
Credit Suisse	Seth Sigman
Johnson Rice & Company LLC	David M. Mann
KeyBanc Capital Markets	Jane Thorn Leeson
MKM Research	Patrick McKeever
Sterne Agee	Sam Poser
Susquehanna Financial Group	Christopher Svezia
Telsey Advisory Group	Kelly Chen
William Blair & Company	Amy Noblin

DSW Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding DSW Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of DSW Inc or its management. DSW Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.