Document:

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                                                                 EXHIBIT 10.17.5

         THIRD AMENDMENT AND WAIVER AND CONSENT AGREEMENT - AMENDED AND
                      RESTATED LOAN AND SECURITY AGREEMENT

         This THIRD AMENDMENT AND WAIVER AND CONSENT AGREEMENT (this "THIRD
AMENDMENT") is made as of this 2nd day of January, 2004 by and among

                           FLEET RETAIL FINANCE INC. (the "LENDER"), a Delaware
                  corporation with offices at 40 Broad Street, Boston,
                  Massachusetts 02109,

                           and

                           BAKERS FOOTWEAR GROUP, INC., f/k/a Weiss and Neuman
                  Shoe Co. (the "BORROWER"), a Missouri corporation with its
                  principal executive offices at 2815 Scott Avenue, Suite C,
                  St. Louis, Missouri  63103,

in consideration of the mutual covenants contained herein and benefits to be
derived herefrom,

                                   WITNESSETH:

         A.       Reference is made to that certain Amended and Restated Loan
                  and Security Agreement (as amended to date, the "LOAN
                  Agreement") dated as of June 11, 2002 between the Borrower and
                  the Lender.

         B.       The Borrower and the holders (the "HOLDERS") of those certain
                  Subordinated Convertible Debentures (the "2002 DEBENTURES")
                  each dated April 4, 2002 and listed on Exhibit 4.8 to the Loan
                  Agreement, entered into that certain Debenture Purchase
                  Agreement, dated as of April 4, 2002 (the "PURCHASE
                  AGREEMENT"), pursuant to which the Holders purchased the 2002
                  Debentures from the Borrower.

         C.       In connection with the Purchase Agreement, the Borrower
                  agreed, on the terms and conditions set forth herein, to
                  register for resale under the Securities Act of 1933 (the
                  "SECURITIES ACT"), shares of its voting common equity issuable
                  to the Holders upon conversion of the 2002 Debentures,
                  pursuant to that certain Registration Rights Agreement, dated
                  April 4, 2002 (the "2002 REGISTRATION RIGHTS AGREEMENT").

         D.       The Holders have agreed with the Borrower to exchange their
                  2002 Debentures for new subordinated convertible debentures
                  (the "NEW DEBENTURES") in the form attached as EXHIBIT A
                  hereto pursuant to that certain Convertible Debenture Exchange
                  Agreement, dated as of even date herewith (the "EXCHANGE
                  AGREEMENT") in the form attached as EXHIBIT B hereto.

         E.       The Borrower has filed a registration statement on Form S-1
                  (No. 333-86322, as amended from time to time, the "EXISTING
                  REGISTRATION STATEMENT") with the Securities

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                  and Exchange Commission under the Securities Act, which
                  Existing Registration Statement has not yet been declared
                  effective by the SEC. The Borrower anticipates that the
                  Existing Registration Statement will be declared effective and
                  the IPO will be consummated on or before February 29, 2004.

         F.       In connection with the Exchange Agreement, the Holders and
                  Borrower agreed to amend and restate the 2002 Registration
                  Rights Agreement in its entirety and to replace it, subject to
                  certain conditions, with that certain Second Registration
                  Rights Agreement dated as of the date hereof (the "SECOND
                  REGISTRATION RIGHTS AGREEMENT") in the form attached as
                  EXHIBIT C hereto.

         G.       The Loan Agreement prohibits the Borrower from exchanging the
                  2002 Debentures for the New Debentures and the Borrower has
                  requested that the Lender waive such prohibition.

         Accordingly, the Borrower and the Lender agree as follows:

         1.       DEFINITIONS.  Terms defined in the Recitals shall be
incorporated herein as therein defined.  Capitalized terms used herein and not
otherwise defined herein shall have the meanings assigned to such terms in the
Loan Agreement.

         2.       AMENDMENT TO LOAN AGREEMENT.  The definitions "Change in
Control" and  "IPO" shall be deleted from Article I of the Loan Agreement and
the following shall be substituted therefor:

                  "CHANGE IN CONTROL":  The occurrence of any of the following:

                  A.  Prior to the occurrence of the IPO:

                           (i) Any event such that Peter Edison and direct
                  family members of Peter Edison, including, trust entities
                  created, for estate planning purposes, for the benefit of the
                  foregoing individuals, cease to own and otherwise control
                  fifty-one percent (51%) or more of the issued and outstanding
                  capital stock of the Borrower having the right, under ordinary
                  circumstances, to vote for the election of directors of the
                  Borrower and/or such that Peter Edison shall be unable to
                  control at all times the appointment of the sole director of
                  the Borrower.

                           (ii) Any event such that Peter Edison shall cease,
                  for any reason, to be the sole director of the Borrower,
                  except that it shall not be deemed a Change in Control
                  hereunder if, in order to facilitate changes required for the
                  IPO, any or all of Michele A. Bergerac, Andrew N. Baur,
                  Timothy F. Finley, Harry E. Rich, Scott C. Schnuck, Bernard
                  Edison and/or Julian Edison are made directors of the Borrower
                  and Peter Edison is named chairman of the board of directors
                  of the Borrower.

                  B.  On and after the occurrence of the IPO:

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                           (i) The purchase or other acquisition by any Person
                  or group of Persons (within the meaning of Rule 13d-3 or Rule
                  14d of the Securities Exchange Act of 1934, as amended)
                  (excluding, for this purpose, the Borrower or its subsidiaries
                  or any employee benefit plan of the Borrower or its
                  subsidiaries) of beneficial ownership (within the meaning of
                  Rule 13d-3 of the Securities Exchange Act of 1934, as amended)
                  of either the then-outstanding shares of the Borrower's common
                  stock or the combined voting power of the Borrower's
                  then-outstanding voting securities entitled to vote generally
                  in the election of directors, exceeding (x) that of Peter
                  Edison (provided that this does not occur because Peter Edison
                  has reduced the number of shares or voting power owned by him
                  by more than 20% from the date of the occurrence of the IPO),
                  or (y) 50% of either the then-outstanding shares of common
                  stock of the Borrower or the combined voting power of the
                  Borrower's then-outstanding voting securities entitled to vote
                  generally in the election of directors; or

                           (ii) A reorganization, merger, consolidation, sale of
                  all or substantially all of the assets of the Borrower, or
                  similar transaction, in each case with respect to which
                  Persons who were the stockholders of the Borrower immediately
                  prior to such reorganization, merger or consolidation would
                  not immediately thereafter own more than 50% of, respectively,
                  the Borrower's common stock and the combined voting power
                  entitled to vote generally in the election of directors of the
                  reorganized, merged, consolidated or successor corporation's
                  then-outstanding voting securities; or

                           (iii) Peter Edison shall cease, for any reason, to be
                  the chairman of the board of directors of the Borrower; or

                           (iv) During any period of two (2) consecutive years,
                  individuals who at the beginning of such period constituted
                  the board of directors of the Borrower (together with any
                  directors whose election or appointment by the board of
                  directors of the Borrower or whose nomination for election by
                  the shareholders of the Borrower was approved by vote of a
                  majority of the directors then still in office who are either
                  directors at the beginning of such period or whose election or
                  nomination for election was previously so approved) cease for
                  any reason to constitute a majority of the board of directors
                  of the Borrower then in office."

                  "IPO": The receipt by the Borrower of aggregate net cash
                  proceeds of no less than $8,000,000.00 as a result of the
                  issuance and sale of common stock of the Borrower as set forth
                  in a Registration Statement on Form S-1 as filed with the
                  Securities & Exchange Commission (Registration No. 333-86322),
                  as such Registration Statement may be amended from time to
                  time."

         3.       WAIVER AND CONSENT. Subject to satisfaction of the conditions
to effectiveness set forth in Section 6 below, the Lender hereby (a) waives the
prohibition in the Loan Agreement regarding the exchange of the 2002 Debentures
for the New Debentures and (b) consents to the issuance by the Borrower of the
New Debentures, and the execution and delivery by the Borrower of the Exchange
Agreement and Second Registration Rights Agreement and the performance by the

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<PAGE>

Borrower of its obligations thereunder and under the 2002 Registration Rights
Agreement, as applicable.

         4.       ADDITIONAL ACKNOWLEDGMENTS AND REPRESENTATIONS. As an
inducement for the Lender to execute this Third Amendment, the Borrower hereby
represents and warrants that as of the date hereof (i) no Suspension Event has
occurred and is continuing; and (ii) none of the principal outstanding under any
of the 2002 Debentures has matured or otherwise become due and payable.

         5.       RATIFICATION OF LOAN DOCUMENTS; NO CLAIMS AGAINST LENDER.
Except as provided herein, all terms and conditions of the Loan Agreement and of
the other Loan Documents remain in full force and effect. Each of the Borrower
and the Guarantor hereby ratifies, confirms, and re-affirms all and singular the
terms and conditions, including execution and delivery, of the Loan Documents.
There is no basis nor set of facts on which any amount (or any portion thereof)
owed by the Borrower or the Guarantor to the Lender could be reduced, offset,
waived, or forgiven, by rescission or otherwise; nor is there any claim,
counterclaim, off set, or defense (or other right, remedy, or basis having a
similar effect) available to the Borrower or to the Guarantor with regard to the
respective Liabilities of the Borrower and the Guarantor to the Lender; nor is
there any basis on which the terms and conditions of any of the respective
Liabilities of the Borrower and of the Guarantor to the Lender could be claimed
to be other than as stated on the written instruments which evidence such
Liabilities. To the extent that the Borrower or the Guarantor has (or ever had)
any such claims against the Lender, each hereby affirmatively WAIVES and
RELEASES same.

         6.       CONDITIONS TO EFFECTIVENESS.  This Third Amendment shall not
be effective until each of the following conditions precedent have been
fulfilled to the satisfaction of the Lender:

                  (a)      This Third Amendment shall have been duly executed
         and delivered by the respective parties hereto, shall be in full force
         and effect and shall be in form and substance satisfactory to the
         Lender;

                  (b)      All action on the part of the Borrower necessary for
         the valid execution, delivery and performance by the Borrower of this
         Third Amendment shall have been duly and effectively taken and evidence
         thereof satisfactory to the Lender shall have been provided to the
         Lender;

                  (c)      The Borrower shall have paid to the Lender all fees
         and expenses then due and owing pursuant to the Loan Agreement;

                  (d)      The Borrower shall have delivered to the Lender
         copies of each executed New Debenture, the Exchange Agreement and the
         Second Registration Rights Agreement;

                  (e)      Each Holder shall have entered into an Amended and
         Restated Intercreditor and Subordination Agreement in the form attached
         as EXHIBIT D hereto; and

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<PAGE>

                  (f)      The Borrower shall have provided such additional
         instruments and documents to the Lender as the Lender and Lender's
         counsel may have reasonably requested, each in form and substance
         satisfactory to the Lender.

         7.       MISCELLANEOUS.

                  (a)      This Third Amendment may be executed in several
         counterparts and by each party on a separate counterpart, each of which
         when so executed and delivered shall be an original, and all of which
         together shall constitute one instrument.

                  (b)      This Third Amendment expresses the entire
         understanding of the parties with respect to the transactions
         contemplated hereby. No prior negotiations or discussions shall limit,
         modify, or otherwise affect the provisions hereof.

                  (c)      Any determination that any provision of this Third
         Amendment or any application hereof is invalid, illegal, or
         unenforceable in any respect and in any instance shall not affect the
         validity, legality, or enforceability of such provision in any other
         instance, or the validity, legality, or enforceability of any other
         provisions of this Third Amendment.

                  (d)      The Borrower shall pay on demand all reasonable costs
         and expenses of the Lender, including, without limitation, reasonable
         attorneys' fees in connection with the preparation, negotiation,
         execution, and delivery of this Third Amendment.

                  (e)      THIS THIRD AMENDMENT SHALL BE CONSTRUED, GOVERNED,
         AND ENFORCED PURSUANT TO THE INTERNAL LAWS OF THE COMMONWEALTH OF
         MASSACHUSETTS AND SHALL TAKE EFFECT AS SEALED INSTRUMENT.

                        [SPACE INTENTIONALLY LEFT BLANK]

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<PAGE>

         IN WITNESS WHEREOF, the parties have hereunto caused this Third
Amendment to be executed and their seals to be hereto affixed as of the date
first above written.

                                  BAKERS FOOTWEAR GROUP, INC.,
                                  F/K/A WEISS AND NEUMAN SHOE CO.

                                  By   /s/ Peter A. Edison
                                    --------------------------------------------
                                  Name  Peter A. Edison
                                      ------------------------------------------
                                  Title  Chairman & CEO
                                       -----------------------------------------

                                  FLEET RETAIL FINANCE INC.

                                  By  /s/ James J. Ward
                                    --------------------------------------------
                                  Name  James J. Ward
                                      ------------------------------------------
                                  Title  Managing Director
                                       -----------------------------------------

                                     /S-1/

<PAGE>

         The undersigned Guarantor hereby (i) consents to the terms and
conditions of this Third Amendment and hereby joins in the acknowledgments and
agreements set forth in this Third Amendment, all as of the date first above
written, (ii) ratifies and confirms the warranties and representations set forth
in the Guaranty, and acknowledges that pursuant to the terms of the Guaranty,
the Guarantor previously guaranteed the payment of the Liabilities of the
Borrower to the Lender to the extent set forth in such Guaranty, that this
acknowledgment is being executed as a confirmation of the Guarantor's
obligations to Lender under the Guaranty and that, subject to the limitations
contained in the Guaranty, the Guarantor shall remain liable for all of the
Liabilities, now existing or hereafter arising, whether or not any similar
confirmation letter is executed in the future and (iii) acknowledges and agrees
that he has no offsets, defenses, or counterclaims against the Lender with
respect to his obligations under the Guaranty or otherwise, and to the extent
that the Guarantor has any such offsets, defenses, or counterclaims, the
Guarantor hereby WAIVES and RELEASES the same.

                                                /s/ Peter Edison
                                               -----------------------
                                               PETER EDISON

[All exhibits omitted. The Registrant undertakes to furnish a supplemental copy
of such omitted exhibits to the Commission upon request.]<PAGE>

                                                                   EXHIBIT 10.18

                                                                       EXHIBIT B

                          TAX INDEMNIFICATION AGREEMENT

         TAX INDEMNIFICATION AGREEMENT, dated as of January 3, 2004 (the
"Agreement"), among Bakers Footwear Group, Inc., a Missouri corporation (the
"Company"), and the persons listed on SCHEDULE A attached hereto (individually,
a "Stockholder" and, collectively, the "Stockholders").

         WHEREAS, the Company is and has been an "S corporation" (within the
meaning of section 1361(a)(1) of the Internal Revenue Code of 1986, as amended
(the "Code")) since January 1, 1984;

         WHEREAS, the Company contemplates a public offering (the "Offering") of
its stock;

         WHEREAS, the execution of this Agreement by the Company and the
Stockholders is a condition to the closing (the "Closing") of the contemplated
Offering;

         WHEREAS, it is anticipated that the Company's election to be an S
corporation will terminate as a result of revocation of such status in
accordance with section 1362(d)(1) of the Code, the day prior to the day of the
Closing;

         WHEREAS, in connection with the Offering, the Company and Stockholders
wish to provide for certain indemnification with respect to the Company's prior
status as an S corporation.

         NOW, THEREFORE, in consideration of the covenants and agreements
hereinafter set forth and other good and valuable considerations, the receipt
and sufficiency of which are hereby acknowledged, and intended to be legally
bound hereby, the parties hereto agree as follows:

                                   ARTICLE I.
                                   DEFINITIONS

         1.1.     Definitions. The following terms as used herein have the
following meanings:

         "Closing Date" means the date on which the Offering closes.

         "Final Determination" means the final resolution of any income tax
liability (including all related interest and penalties) for a taxable period. A
Final Determination shall result from the first to occur of:

                  (i)      the expiration of the period, if any, during which
the taxpayer may file a claim for refund following receipt from the Internal
Revenue Service (the "IRS") of a fully executed Waiver of Restrictions on
Assessment and Collection of Deficiency in Tax and

<PAGE>

Acceptance of Overassessment on IRS Form 870 or a fully executed IRS Form 870-AD
that, in either case, determines the tax liability of the taxpayer for the
taxable period (the "Waiver") (or any successor form or any comparable form with
respect to any comparable agreement under the laws of any other jurisdiction),
provided the taxpayer does not file a claim for refund during that period;

                  (ii)     a final decision by a court of competent jurisdiction
in respect of which all rights to appeal have expired or have been exhausted;

                  (iii)    the execution of a closing agreement under section
7121 of the Code that finally determines the tax liability of the taxpayer for
the taxable period;

                  (iv)     the acceptance by the IRS of an offer to compromise
described in Treasury regulation section 301.7122-1(e)(5) that finally
determines the tax liability of the taxpayer for the taxable period;

                  (v)      the expiration of the applicable statute of
limitations for the taxable period; or

                  (vi)     any other event that the parties hereto agree is a
final determination of the liability at issue.

         "S Taxable Year" means any taxable year (or portion thereof) of the
Company during which the Company was an S corporation.

         "Tax Liability" means any federal or state income tax liability. For
purposes of this Agreement federal income tax liability shall be deemed to be
(i) the highest applicable individual federal income tax rate, multiplied by
(ii) a Stockholder's allocable portion of the Company's taxable income. For
purposes of this Agreement, state income tax liability shall be deemed to be (i)
the highest applicable individual state income tax rate of the applicable state,
multiplied by (ii) a Stockholder's allocable portion of the Company's taxable
income in that state. Tax Liability shall also include any interest and
penalties.

         "Taxing Authority" means the IRS or any comparable state or foreign
taxing authority.

         "Termination Date" means the date on which the S corporation status of
the Company will terminate pursuant to section 1362(d) of the Code, which shall
be January 4, 2004.

                                   ARTICLE II.
          TERMINATION OF S CORPORATION STATUS AND ALLOCATION OF INCOME

         2.1.     Termination of S Corporation Status. The Company and the
Stockholders shall cause the Company to terminate its S corporation status
pursuant to section 1362(d)(1) of the Code no later than one day before the
Closing by filing the form attached hereto and marked as EXHIBIT 1 no later than
one day before the Closing. The Stockholders shall each consent to the

                                       2

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revocation of the S corporation election by providing the Company with the
statement of consent, attached hereto and marked as EXHIBIT 2, no later than one
day before the Closing.

                                  ARTICLE III.
                                  OBLIGATIONS

         3.1.     Company's Indemnification of Stockholders for Tax Liabilities.
The Company hereby agrees to indemnify and hold each of the Stockholders
harmless from, against and in respect of any Tax Liability incurred by such
Stockholder as a result of a Final Determination to the Company's tax returns
that increases the Tax Liability of the Stockholder for an S Taxable Year in
excess of amounts previously distributed to such Stockholder. With respect to
states in which the Company has previously filed composite returns including a
Stockholder, the foregoing obligation shall be accomplished by the Company, as
necessary, re-filing the composite returns and paying directly any additional
amounts owed.

         3.2.     Gross Up for Additional Tax. In all events and to the extent
not otherwise reimbursed, the Company hereby agrees that if any payment pursuant
to this Article III is deemed to be taxable income to a Stockholder, the amount
of such payment to the Stockholder shall be increased by an amount necessary to
equal the Stockholder's additional Tax Liability related to such amount
(including, without limitation, any taxes on such additional amounts) so that
the net amount payment, after reduction for all Tax Liability associated with
its receipt, is equal to the amount of the Tax Liability in respect of which
such payment is made.

         3.3.     Payment. Any payment required to be made pursuant to this
Agreement shall be paid within ten days after receipt of written notice from the
Stockholder that a payment is due hereunder.

                                   ARTICLE IV.
                              CONTESTS/COOPERATION

         4.1.     Cooperation. The parties shall make available to each other,
as reasonably requested, and to any Taxing Authority all information, records or
documents relating to any liability for taxes covered by this Agreement and
shall preserve such information, records and documents until the expiration of
any applicable statute of limitations or extensions thereof. The party
requesting such information shall reimburse the other party for all reasonable
out-of-pocket costs incurred in producing such information.

                                   ARTICLE V.
                                  MISCELLANEOUS

         5.1.     Counterparts. This Agreement may be executed in several
counterparts, each of which shall be deemed to be an original, but all of which
counterparts collectively shall constitute a single instrument representing the
agreement among the parties hereto.

                                       3

<PAGE>

         5.2.     Construction of Terms. Nothing herein expressed or implied is
intended, or shall be construed, to confer upon or give any person, firm or
corporation, other than the parties hereto and their respective successors and
permitted assigns, any rights or remedies under or by reason of this Agreement.

         5.3.     Governing Law. This Agreement and the legal relations between
the parties hereto shall be governed by and construed in accordance with the
substantive laws of the State of Missouri without regard to any choice of law
rules.

         5.4.     Amendment and Modification. This Agreement may be amended,
modified or supplemented only by a writing executed by all the parties hereto.

         5.5.     Assignment. Except by operation of law or in connection with
the sale of all or substantially all the assets of a party, this Agreement shall
not be assignable, in whole or in part, directly or indirectly, by the
Stockholders without the written consent of the Company or by the Company
without written consent of the Stockholders. Any attempt to assign any rights or
obligations arising under this Agreement without such consent shall be void. The
provisions of this Agreement shall be binding upon and inure to the benefit of,
and be enforceable by, the parties hereto and their respective successors and
permitted assigns.

         5.6.     Interpretation. The title, article and section headings
contained in this Agreement are solely for the purpose of reference, are not
part of the agreement of the parties, and shall not in any way affect the
meaning or interpretation of this Agreement.

         5.7.     Severability. In the event that any one or more of the
provisions of this Agreement shall be held to be illegal, invalid or
unenforceable in any respect, the same shall not in any respect affect the
validity, legality or enforceability of the remainder of this Agreement, and the
parties shall use their best efforts to replace such illegal, invalid or
unenforceable provision with an enforceable provision approximating, to the
extent possible, the original intent of the parties.

         5.8.     Entire Agreement. This Agreement embodies the entire agreement
and understanding of the parties hereto in respect to the subject matter
contained herein. There are no representations, promises, warranties, covenants
or undertakings other than those expressly set forth herein. This Agreement
supersedes all prior agreements and understandings between the parties with
respect to such subject matter, including without limitation the Tax
Indemnification Agreement sent to you in 2002.

         5.9.     Further Assurances. Subject to the provisions of this
Agreement, the parties shall acknowledge such other instruments and documents
and take all other actions that may be reasonably required in order to
effectuate the purposes of this Agreement.

         5.10.    Waivers, Etc. No failure or delay on the part of any party in
exercising any power or right under this Agreement shall operate as a waiver
thereof, nor shall any single or partial exercise of any such right or power or
any abandonment or discontinuance of steps to enforce such right or power
preclude any other or further exercise thereof or the exercise of any

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<PAGE>

other right or power. No waiver of any provision of this Agreement nor consent
to any departure by the parties therefrom shall in any event be effective unless
it shall be in writing, and then such waiver or consent shall be effective only
in the specific instance and for the purpose for which it was given.

         5.11.    Set-off. All payments to be made by the Company under this
Agreement shall be made without set-off, counterclaim or withholding, all of
which are expressly waived.

         5.12.    Change of Law. If, due to any change in applicable law or
regulations or the interpretation thereof by any court or other governing body
having jurisdiction subsequent to the date of this Agreement, performance of any
provision of this Agreement shall be impracticable or impossible, the parties
shall use their best efforts to find an alternative means to achieve the same or
substantially the same results as are contemplated by such provision.

         5.13.    Notices. All notices under this Agreement shall be validly
given if in writing and delivered personally or sent by registered mail, postage
prepaid to the Company at:

         2815 Scott Avenue
         St. Louis, Missouri, 63103
         Attention:
                   ---------------

or at such other address as any party may, from time to time, designate in a
written notice given in a like manner. Notice given by mail shall be deemed
delivered five calendar days after the date mailed.

         5.14.    Termination of Agreement. This Agreement shall terminate and
be void, as if it never had been executed, if the Closing does not occur on or
before March 15, 2004.

              [Remainder of this page is intentionally left blank]

                                       5

<PAGE>

         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first written above.

                                  BAKERS FOOTWEAR GROUP, INC.

                                  By:
                                     -------------------------------------------
                                  Peter A. Edison, Chairman of the Board of
                                  Directors and Chief Executive Officer

                                  STOCKHOLDERS

                                  ----------------------------------------------

                                  ----------------------------------------------

                                  ----------------------------------------------

                                  ----------------------------------------------

                                  ----------------------------------------------

                                       6

<PAGE>

                                   SCHEDULE A

                              LIST OF STOCKHOLDERS

1.   Peter A. Edison

2.   Bernard A. Edison Revocable Trust
     Dated 6/18/91

3.   Bernard A. Edison, Co-Trustee
     Beatrice C. Edison Irrevocable Trust
     F/B/O Bernard A. Edison

4.   Robin Haar, Co-Trustee
     Beatrice C. Edison Irrevocable Trust
     F/B/O Bernard A. Edison

5.   Beatrice C. Edison Trust F/B/O
     Bernard A. Edison

6.   Susan H. Edison

7.   David A. Edison
     Trustee of David A. Edison
     Revocable Trust

8.   Bernard A. Edison
     Trustee of David A. Edison
     Revocable Trust

9.   Julian Edison

10.  Marilyn Sue Edison

11.  Joseph Russell

12.  Michelle Bergerac
     Trustee of Michele A. Bergerac
     Revocable Trust

13.  Mark Jenkins

14.  Andrew N. Baur Trust

15.  Stanley K. Tusman, Joint Trustee
     The Stanley K. Tusman and Gail F.
     Tusman Declaration of Trust Dated
     December 1, 1999

16.  Gail F. Tusman, Joint Trustee
     The Stanley K. Tusman and Gail F.
     Tusman Declaration of Trust Dated
     December 1, 1999

17.  Mark H. Brown

18.  Elizabeth Brown

19.  Joseph R. Vander Pluym

20.  Janice K. Vander Pluym

21.  Mark D. Ianni

22.  Kathy M. Ianni

23.  Lawrence Spanley

24.  Linda K. Spanley

25.  Sanford W. Weiss, Voting Trustee of
     the Class B Shareholder Voting Trust
     Agreement

26.  Sanford W. Weiss, as Trustee U/I
     Sanford W. Weiss

27.  Sanford W. Weiss, as Trustee of
     Richard S. Weiss Marital Trust

28.  Charles H. Weiss, as Trustee U/I/T
     of Charles H. Weiss

29.  Ellen Weiss

30.  Rochelle Weiss

31.  Stephen Weiss

32.  David Weiss

33.  Michael Weiss

34.  Alyson Weiss

35.  Jennifer Weiss

36.  Colby Oliver

<PAGE>

                                    EXHIBIT 1

                       STATEMENT OF REVOCATION OF ELECTION

Internal Revenue Service Center
Kansas City, Missouri, [64999]

  RE:    Bakers Footwear Group, Inc., EIN 43-0577980
         Revocation of S Corporation Election

         The S corporation election under Internal Revenue Code section 1362(a)
of Bakers Footwear Group, Inc., a Missouri corporation, with its principal
office located at 2815 Scott Avenue, St. Louis, Missouri, 63103, is hereby
revoked as of January 4, 2004, the first day of the fiscal year. At the time of
revocation the number of shares (issued and outstanding) of Bakers Footwear
Group, Inc.'s stock, including non-voting stock, is [                ]
                                                     ----------------

         Attached are the consent to the revocation by shareholders owning more
than one-half of the issued and outstanding shares of stock in Bakers Footwear
Group, Inc., including non-voting stock.

                                  BAKERS FOOTWEAR GROUP, INC.

                                  By:
                                     -------------------------------------------
                                  [Name, Title]

     [FILE STATEMENT OF REVOCATION WITH SHAREHOLDERS' CONSENTS WITH THE IRS
                       REQUESTING A COPY STAMPED "FILED"]

<PAGE>

                                    EXHIBIT 2

          SHAREHOLDERS' STATEMENT OF CONSENT TO REVOCATION OF ELECTION

         We, the undersigned, being shareholders of Bakers Footwear Group, Inc.
EIN 43-0577980, holding more than one-half of our corporation's issued and
outstanding shares (including non-voting stock), do hereby consent to the
revocation by our corporation of its S corporation election under Internal
Revenue Code section 1362(a). The revocation is to be effective as of January 4,
2004, the first day of our fiscal year.

         Under penalties of perjury, the undersigned declare that the facts
presented in the accompanying statement are, to the best of our knowledge and
belief, true, correct and complete.

<TABLE>
<CAPTION>
                                       NUMBER OF
 SHAREHOLDER                          SHARES OWNED,
  NAME AND        SOCIAL SECURITY     INCLUDING NON-   DATE(S)    TAX YEAR END
  ADDRESS              NUMBER         VOTING SHARES    ACQUIRED   (MONTH & DAY)
--------------------------------------------------------------------------------
<S>               <C>                 <C>              <C>        <C>

--------------------------------------------------------------------------------
</TABLE>

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                                                  [Shareholder Signature]

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                                                  [Shareholder Signature]

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                                                  [Shareholder Signature]

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                                                  [Shareholder Signature]

         [FILE SHAREHOLDERS' CONSENTS WITH THE STATEMENT OF REVOCATION]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}]]