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Sears Webcasts Second Quarter Earnings Conference Call

Sears, Roebuck and Co. (NYSE: S) has scheduled its second quarter 2002 earnings conference call for Thursday, July 18, 2002 at 10:30 a.m. Eastern/9:30 a.m. Central time.

The call will be webcast live over the Internet at . To access the webcast, click on "Investors" and select "Events and Webcasts." A replay of the call will be available on the Web site for approximately one week. Software necessary to listen to the webcast, Windows Media Player or Real Player, can be downloaded from the webcast site. Downloading the software may take up to 22 minutes with a 56K speed modem.

Sears, Roebuck and Co. is a broadline retailer with significant service and credit businesses. In 2001, the company's annual revenue was more than $41 billion. The company offers its wide range of apparel, home and automotive products and services to families in the U.S. through Sears stores nationwide, including approximately 870 full-line stores. Sears also offers a variety of merchandise and services through its Web site, . In June 2002, Sears acquired Lands' End, a direct merchant of traditionally styled, classic Lands' End clothing offered to customers around the world through regular mailings of its specialty catalogs and online at . The company makes available by phone a recorded message on sales performance of its domestic stores. The message is updated weekly and can be heard by calling (847) 286-6111.

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SOURCE: Sears, Roebuck and Co.

CONTACT: Peggy A. Palter of Sears, Roebuck and Co., +1-847-286-8361

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