Sears to Webcast From Merrill Lynch Conference

Alan J. Lacy, chairman and chief executive officer of Sears, Roebuck and Co. (NYSE: S), will present at the Merrill Lynch 26th Annual Global Retailing Leaders' Conference at 8:40 a.m. EST Wednesday, March 19 in New York City.

The presentation will be webcast live over the Internet at http://www.sears.com/investors . From the Investor Relations page, select "Events and Webcasts." A replay of the presentation will be available on the Web site for approximately one week.

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

Sears, Roebuck and Co. is a broadline retailer with significant service and credit businesses. In 2002, the company's annual revenue was $41.4 billion. The company offers a wide range of apparel, home and automotive products and services to families in the U.S. through Sears stores nationwide, including approximately 870 full-line stores. Sears also offers a variety of merchandise and services through its Web sites, sears.com and landsend.com , and a variety of specialty catalogs.

SOURCE: Sears, Roebuck and Co.

CONTACT: Edgar P. McDougal of Sears, Roebuck and Co., +1-847-286-9669

Web site: http://www.sears.com/investors
http://www.sears.com/