SETTLEMENT AGREEMENT SETTLEMENT AGREEMENT, dated this 2nd day of February, 2005 ("Agreement"), among Barington Companies Equity Partners, L.P., Barington Companies Investors, LLC, James Mitarotonda, Barington Companies Offshore Fund, Ltd. (BVI),...Settlement Agreement • February 2nd, 2005 • Steven Madden, Ltd. • Footwear, (no rubber) • New York
Contacts: Matthew Sherman / Joele Frank Joele Frank, Wilkinson Brimmer Katcher (212) 355-4449 Cara O'Brien / Lila Sharifian Financial Dynamics (212) 850-5600Share Repurchase and Dividend Agreement • February 2nd, 2005 • Steven Madden, Ltd. • Footwear, (no rubber)
