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April 6, 2000

Michael J. Viola
Vice President and Treasurer
(248) 643-1040

KMART CORPORATION REPORTS MARCH SALES

TROY, Mich., April 6, 2000-- Kmart Corporation (NYSE: KM) today reported that March total consolidated sales increased 0.1% to $3.054 billion for the five-week period ended March 29, 2000 compared with $3.050 billion for the same period last year. Total consolidated sales decreased 1.2% on a comparable store basis.

Sales from consolidated operations for the 9 weeks ended March 29, 2000 were $5.425 billion, up 1.8% from $5.329 billion for the first 9 weeks of 1999. On a comparable store basis, consolidated sales rose 0.5% for the same period.

"As we expected, Kmart's comparable sales for March declined because of the Easter holiday shift," said Floyd Hall, Chairman, President, and CEO of Kmart. "Despite the soft overall March performance, we saw strong sales gains in categories such as outdoor living and lawn and garden products. Other categories showing particular strength for the month included home electronics, ladies apparel, pharmacy, sporting goods and home décor."

Kmart Corporation serves America with 2,171 Kmart retail outlets. Kmart Corporation common stock is listed on the New York, Pacific and Chicago Stock Exchanges.

KMART CORPORATION

SALES BY BUSINESS

5 WEEKS ENDED


% Change
(Millions U.S. $)
3-29-00
3-31-99
All Stores
Comparable Stores
Total Kmart $ 3,054   $ 3,050  
 0.1
  (1.2)



KMART CORPORATION

SALES BY BUSINESS

9 WEEKS ENDED


% Change
(Millions U.S. $)
3-29-00
3-31-99
All Stores
Comparable Stores
Total Kmart $ 5,425   $   5,329
 1.8
  0.5