S & K FAMOUS BRANDS REPORTS FEBRUARY SALES

Richmond, VA, March 8, 2007—S&K Famous Brands, Inc. (Pink Sheets: SKFB:PK; www.skmenswear.com) today announced sales for the four weeks ended March 3, 2007. Total sales for the month were $11.5 million compared to $15.3 million last year. Same-store sales were down (24.6%).

The Company’s comparable store sales for the months of March and April 2007 should be more appropriately measured on a combined nine-week basis due to a calendar shift which moves Easter earlier in April compared to last year. Historically, the Company experiences significant sales increases in the weeks prior to Easter. For these reasons, the Company plans to provide sales information for March and April, 2007 on May 10, 2007.

Throughout 2007, the Company will report sales which reflect a calendar shift related to the 53rd week in the prior year (e.g., February 2007 compares the four weeks ended March 3, 2007 against the four weeks ended February 25, 2006). Comparing against a 53-week year will result in calendar shifts impacting certain monthly comparisons, primarily in the back half of the year.

S&K Famous Brands, Inc. is a retailer of value-priced menswear operating 224 stores in 26 states reaching from the East Coast to Texas and from Maine to Florida. S&K offers a complete line of men's apparel generally priced 20-40% below department store and specialty store regular prices. For more information, go to our Web site at www.skmenswear.com.

Except for historical information contained herein, the statements in this release may be forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause future events to differ materially from those expressed in such forward-looking statements. Such risks and uncertainties include numerous operational factors and economic conditions, such as the level of demand for the Company's products and services, the competitive environment in the value-priced men’s apparel industry in general and in the Company’s specific market area, inflation, changes in costs of goods and services and economic conditions in general and in the Company’s specific market area. Risks and uncertainties relating to the Company's stock include the unpredictability of market conditions and whether any broker-dealers continue to act as market makers in the Company’s stock. Any forward-looking statements made in this release are made only as of the date of this release, and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

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