February 5, 1998

Shawn M. Kahle
Vice President, Corporate Affairs
(248) 637-4201

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

KMART CORPORATION REPORTS JANUARY YEAR-END SALES RESULTS

TROY, Mich., February 5, 1998--Kmart Corporation (NYSE: KM) today reported that January consolidated sales increased 4.0% on a comparable store basis. Total sales in U.S. Kmart stores increased 4.4% for the four-week period ended January 28, 1998. Including results from divested international operations, total consolidated sales increased 1.3% to $1.825 billion compared with $1.803 billion for the same period last year.

Comparable store consolidated sales rose 3.8% for the 13 week period ending January 28, 1998. Total sales in U.S. Kmart stores increased 4.3% for the quarter. Including results from divested international operations, sales from consolidated operations were $9.759 billion for the period, up 0.8% from $9.684 billion.

Comparable store consolidated sales rose 4.8% for the 52 weeks of fiscal 1997 ending January 28, 1998. Total sales in U.S. Kmart stores increased 5.0% for the fiscal year. Including results from divested international operations, sales from consolidated operations were $32.183 billion for the period, up 2.4% from $31.437 billion.

"Kmart's sales for January met expectations," said Floyd Hall, Chairman, President, and CEO of Kmart. "Categories showing particular strength for the month included jewelry, home fashions, electronics, seasonal items, stationery, horticulture, cosmetics, consumables, books and photography."

Kmart Corporation serves America with 2,136 Kmart retail outlets. Kmart Corporation common stock is listed on the New York, Pacific and Chicago Stock Exchanges.