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The Elder Beerman Stores Corp. (Nasdaq:EBSC) announced today that it has completed the sale of its 50 unit Bee Gee Shoe Corp. to a business group formed by Albertine Industries,
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The Bee Gee Shoe Corp. will change its name to Shoebilee,
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The Company stated that the sale of Bee Gee will have no material impact on Elder Beerman’s 1999 operating performance.

The nation’s eighth largest independent department store chain, The Elder Beerman Stores Corp. is headquartered in Dayton,
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This press release contains statements, including predictions of future operating performance,
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Because forward looking statements are based on a number of beliefs,
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Elder Beerman undertakes no obligation to update publicly any forward looking statements, whether as a result of new information,
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