Kmart Corporation Announces Annual Meeting Date

May 2, 2001

  WHEN:  May 15, 2001
         10 a.m.

  WHO:  Chuck Conaway, Chairman of the Board, Kmart Corporation

Chairman Conaway will be available for a short press briefing immediately following the annual meeting.

  WHERE:  Detroit Opera House
          1526 Broadway
          Detroit, MI

All media must sign in to gain access to the meeting. Electronic media, camera and audio crews will have designated drop box area.

RSVP/CONTACT: Mary Lorencz, Director, Corporate Media Relations of Kmart Corporation, 248-463-1021.

PRNewswire -- May 2

SOURCE: Kmart Corporation