Collective Brands, Inc. Announces Details for First Quarter Earnings Conference Call

Collective Brands, Inc. (NYSE:PSS) announced that it plans to release first quarter earnings results on Wednesday, June 3, 2009, after the market closes. A conference call with management will take place at 5:00 p.m. Eastern time that same day.

The dial-in information for the conference call is 612-288-0329 with a confirmation number of 997419. In addition, a replay of the conference call is scheduled to begin on June 3, 2009 by approximately 7:15 p.m. Eastern and end June 17, 2009 at 11:59 p.m. The number to access the replay in the United States is 800-475-6701. If dialing internationally, the dial-in number is 320-365-3844. The access code for the replay is also 997419.

The company intends to webcast the conference call live on the internet. To access the webcast live or replayed, visit the Investor Relations page on the Collective Brands website at www.collectivebrands.com.

Collective Brands, Inc. is the holding company of three business units: Payless ShoeSource, Stride Rite, and Collective Licensing International. Payless ShoeSource is one of the largest footwear retailers in the western hemisphere. It is dedicated to democratizing fashion and design in footwear and accessories and inspiring fun, fashion possibilities for the family at a great value. Stride Rite markets the leading brand of high-quality children's shoes in the United States. The unit also markets products for children and adults under well-known brand names, including Sperry Top-Sider, Saucony, and Keds. Collective Licensing International is a leading youth lifestyle marketing and global licensing business. Information about, and links for shopping on, each of Collective Brands' business units can be found at www.collectivebrands.com.