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Employees and retirees at Sears, Roebuck and Co. (NYSE: S) have demonstrated one of the most important meanings of Valentine's Day for the past two years -- caring and concern for others -- by donating their time and efforts year-round.

In January 2000, Sears Volunteers pledged to the Points of Light Foundation and America's Promise to volunteer 1 million hours by the end of 2002. In fact, the volunteers exceeded their promise and reached the goal one year early -- by the end of December 2001, Sears volunteers had donated 1,144,743 volunteer hours. Volunteer hours include everything from tutoring, mentoring and coaching sports to participating walk-a-thons and civil service activities.

"Sears employees and retirees have shown an outpouring of volunteerism in their local communities," said Bob Wery, Sears senior manager, community affairs. "In fact, in addition to the volunteer hours, our employees donated $5.6 million in 2001 through the company's annual workplace giving campaign to charities of the employee's choice."

Sears has a long-standing commitment to families and children in the Chicago area, where the company makes its headquarters, and nationwide. The Sears volunteer initiative is a strategic partnership with America's Promise and the Points of Light Foundation designed to support America's Youth and their communities through volunteering.

Sears, Roebuck and Co. (NYSE: S) is a leading U.S. retailer of apparel, home and automotive products and services, with annual revenue of more than $40 billion. The company serves families in the U.S. through Sears stores nationwide, including approximately 870 full-line stores. Sears also offers a wide variety of merchandise and services through its Web site, http://www.sears.com .

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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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