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

KMART CORPORATION REPORTS NOVEMBER SALES RESULTS

TROY, Mich., December 3, 1998-- Kmart Corporation (NYSE: KM) today reported that November consolidated sales increased 2.5% on a comparable store basis. Total consolidated sales increased 5.2% to $2.902 billion for the four-week period ended November 25, 1998 compared with $2.759 billion for the same period last year.

Sales from consolidated operations for the 43 weeks ended November 25, 1998 were $26.175 billion, up 3.9% from $25.183 billion for the 43 weeks ended November 26, 1997. On a comparable store basis, consolidated sales rose 4.6% for the same period.

"Kmart's sales for November were slightly below plan due to continued warm weather which slowed sales of seasonal apparel," said Floyd Hall, Chairman, President and CEO of Kmart. "Categories showing particular strength for the month included home appliances, seasonal goods, home decor, jewelry, consumables and pharmaceuticals."

Kmart Corporation serves America with 2,163 Kmart retail outlets. Kmart Corporation common stock is listed on the New York, Pacific and Chicago Stock Exchanges.