Sears Webcasts From Bear Stearns Retail Conference

Alan J. Lacy, Chairman and Chief Executive Officer of Sears, Roebuck and Co. (NYSE: S) will speak at the Bear Stearns Seventh Annual Retail and Apparel Conference in New York City on February 27, 2001 at noon Eastern/11 a.m. Central time.

The presentation will be webcast live from the Sears.com site. Enter the webcast from the link located on the lower left of the Sears.com site. A replay will be available from the Sears.com homepage link for four days. It will be archived for two weeks on the "About Sears" section of Sears.com.

Software necessary to listen to the webcast, Media Player or Real Player can be downloaded from the Webcast site. Downloading the software may take up to 22 minutes with a 56K speed modem.

Sears, Roebuck and Co. is a leading U.S. retailer of apparel, home and automotive products and services, with annual revenue of nearly $40 billion. The company serves families across the country through approximately 860 full-line department stores, approximately 2,100 specialized retail locations and a variety of online offerings accessible through the company's Web site, http://www.sears.com/ .

SOURCE: Sears, Roebuck and Co.

Contact: Peggy A. Palter of Sears, Roebuck and Co., 847-286-8361

Website: http://www.sears.com/