Robert M. Burton
Divisional Vice President, Investor Relations
(248) 643-1040

KMART CORPORATION REPORTS NOVEMBER SALES RESULTS

TROY, Mich., December 4, 1997--Kmart Corporation (NYSE: KM) today reported total consolidated sales increased 1.5% to $2.759 billion for the four week period ended November 26, 1997, compared with $2.718 billion for the same period last year. On a comparable store basis, consolidated sales increased 5.4%.

Sales from consolidated operations for the 43 weeks ended November 26, 1997 were $25.183 billion, up 2.9% from $24.471 billion for the first 43 weeks of 1996. On a comparable store basis, consolidated sales rose 5.3% for the same period.

"Kmart's sales for November were on plan, reflecting strong performance in toys, home electronics, housewares and home fashions, children's apparel, seasonal items and consumables," said Floyd Hall, Chairman, President, and CEO of Kmart. "We remain cautiously optimistic about the outlook for the holiday season."

Kmart Corporation serves America with 2,135 Kmart retail outlets. Kmart Corporation common stock is listed on the New York, Pacific and Chicago Stock Exchanges.