SCHEDULE 14A
                                 (RULE 14A-101)

                     INFORMATION REQUIRED IN PROXY STATEMENT

                            SCHEDULE 14A INFORMATION

                    PROXY STATEMENT PURSUANT TO SECTION 14(A)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

Filed by the Registrant  |X|
Filed by a Party other than the Registrant  |_|

Check the appropriate box:
  Preliminary Proxy Statement  |_|
  Confidential, For Use of the Commission Only (as permitted by
   Rule 14a-6(e)(2))  |_|
  Definitive Proxy Statement  |_|
  Definitive Additional Materials  |_|
  Soliciting Material Under Rule 14a-12  |X|

                         THE ELDER-BEERMAN STORES CORP.
                (Name of Registrant as Specified In Its Charter)

                                       N/A
    (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

Payment of Filing Fee (Check the appropriate box):
  |X|  No fee required
  |_| Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

(1)      Title of each class of securities to which transaction applies: N/A
(2)      Aggregate number of securities to which transaction applies: N/A
(3)      Per unit price or other underlying value of transaction computed
         pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
         filing fee is calculated and state how it was determined): N/A
(4)      Proposed maximum aggregate value of transaction: N/A
(5)      Total fee paid: N/A

  |_|  Fee paid previously with preliminary materials: N/A

  |_| Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the form or schedule and the date of its filing.

(1)      Amount previously paid: N/A
(2)      Form, Schedule or Registration Statement No.: N/A
(3)      Filing Party: N/A
(4)      Date Filed: N/A








Press Release

                      The Elder-Beerman Stores Corp. Amends
               Its Merger Agreement with Wright Holdings, Inc. to
                    Increase Merger Price to $7.80 per share

         DAYTON, Ohio - September 12, 2003 - The Elder-Beerman Stores Corp.
(Nasdaq:EBSC) today announced that it amended its existing merger agreement with
Wright Holdings, Inc. to increase the consideration payable to Elder-Beerman
shareholders by Wright Holdings from $7.05 per share in cash to $7.80 per share
in cash. Wright Holdings has also provided to us copies of revised commitment
letters from its financing sources to reflect the increased consideration.

         Elder Beerman also announced that under its merger agreement, as
amended, it will no longer be subject to the same restrictions on its ability to
engage in discussions and negotiations with The Bon-Ton Stores, Inc.

         In consideration for the price increase and the ability to engage in
negotiations, Elder-Beerman agreed to increase by $500,000 both the cap on its
payment obligations for the reimbursement of expenses and the termination fee
that may become payable under certain circumstances if the merger agreement with
Wright Holdings were terminated.

         The nation's ninth largest independent department store chain, The
Elder-Beerman Stores Corp. is headquartered in Dayton, Ohio and operates 68
stores in Ohio, West Virginia, Indiana, Michigan, Illinois, Kentucky, Wisconsin
and Pennsylvania. For more information about the company see Elder-Beerman's web
site at www.Elder-Beerman.com.

         Elder-Beerman and certain of its directors and officers may be deemed
to be participants in the solicitation of proxies for the special meeting of
shareholders relating to the merger agreement. Elder-Beerman has filed with the
Securities and Exchange Commission a preliminary proxy statement and, when
finalized, will mail to its shareholders a definitive proxy statement for the
special meeting of shareholders. The proxy statement does and will contain
important information regarding the participants in the solicitation and other
important information about the merger agreement and the proposed merger.
Elder-Beerman has also filed with the Securities and Exchange Commission a
Transaction Statement on Schedule 13E-3 relating to the merger agreement and the
proposed merger.

         Shareholders of Elder-Beerman are advised to read Elder-Beerman's proxy
statement for the special meeting of shareholders when finalized because it
contains important information. Shareholders of Elder-Beerman may obtain, free
of charge, when they become available copies of Elder-Beerman's definitive proxy
statement and other documents filed by Elder-Beerman with the Securities and
Exchange Commission at the Internet website maintained by the Securities and
Exchange Commission at www.sec.gov. These documents may also be obtained free of
charge by calling investor relations at Elder-Beerman at 937/296-7339.




Contact:

     The Elder-Beerman Stores Corp.
     Edward Tomechko, 937/296-2683
     or
     Gloria Siegler, 937/296-7339