Stein Mart, Inc. Appoints Jay Stein as Chief Executive Officer

Stein Mart, Inc. Appoints Jay Stein as Chief Executive Officer

JACKSONVILLE, Fla., June 26, 2013 (GLOBE NEWSWIRE) -- Stein Mart, Inc.
(Nasdaq:SMRT) today announced that Jay Stein, previously the company's Interim
Chief Executive Officer, has been named Chief Executive Officer, effective
June 25, 2013.

"It has been my pleasure to return and lead Stein Mart after nearly two years
as interim CEO.Working side-by-side with our wonderful leadership team, we
are now enjoying these great results," said Jay Stein, Chief Executive
Officer."This is an important time in our company's history and I am very
happy to be part of this great organization."

Mr. Stein served as Interim Chief Executive Officer of Stein Mart since
September 2011.Mr. Stein has served as Chairman of Stein Mart's Board of
Directors since 1989 and will continue to serve in that role.Mr. Stein
previously served as Stein Mart's Chief Executive Officer from 1990 to
September 2001.

About Stein Mart

Stein Mart stores offer the fashion merchandise, service and presentation of a
better department or specialty store, at prices competitive with off-price
retail chains.Currently with locations from California to Massachusetts,
Stein Mart's focused assortment of merchandise features current season,
moderate to better fashion apparel for women and men, as well as accessories,
shoes and home fashions.

SMRT-G

        Additional information about Stein Mart, Inc. can be found at
                              www.steinmart.com

CONTACT: For more information:
         Linda Tasseff
         Director, Investor Relations
         (904) 858-2639
         ltasseff@steinmart.com

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