Shoe Carnival To Participate In The 2012 INVESTIndiana Equity Conference

Shoe Carnival, Inc. (Nasdaq: SCVL), a leading retailer of value-priced footwear and accessories, today announced that Mark L. Lemond, President, Chief Executive Officer, and Kerry Jackson, Executive Vice President, Chief Financial Officer, and Treasurer will participate in the 2012 INVESTIndiana Equity Conference.

Shoe Carnival’s investor presentation is scheduled for Thursday, September 13, 2012 at 11:10 a.m. ET. The audio portion of the presentation will be webcast live, and a replay will be available until Thursday, September 27, 2012 on the Investors section of the Company's website at www.shoecarnival.com.

About Shoe Carnival

Shoe Carnival, Inc. is one of the nation’s largest family footwear retailers, offering a broad assortment of moderately priced dress, casual and athletic footwear for men, women and children with emphasis on national and regional name brands. As of September 6, 2012, the Company operates 346 stores in 32 states and Puerto Rico, and offers online shopping at www.shoecarnival.com. Headquartered in Evansville, IN, Shoe Carnival trades on The NASDAQ Stock Market LLC under the symbol SCVL. Shoe Carnival's press releases and annual report are available on the Company's website at www.shoecarnival.com.

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