This excerpt taken from the SKS 10-K filed Sep 1, 2005.
Code of Ethics
The Companys Board of Directors has adopted Corporate Governance Guidelines. The Companys Board of Directors has also adopted a Code of Business Conduct and Ethics (the Code) in compliance with NYSE and SEC standards. The Chief Executive Officer, the Chief Financial Officer, the Chief Accounting Officer, other employees of the Company, and members of the Board must comply with the Code. The Code and the Corporate Governance Guidelines are posted on the Companys web site at www.saksincorporated.com and are available in print to any person who sends a written request to Charles Hansen, the Companys General Counsel, at 750 Lakeshore Parkway, Birmingham, Alabama 35211. Waivers of the policies and procedures set forth in the Code will, to the extent required by law or applicable regulation, be disclosed by means of an appropriate statement on www.saksincorporated.com.