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SEARS CANADA INC.

SEARS CANADA INC.

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SEARS CANADA INC.
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Sears Canada offers budget relief for the Canadian family...

    TORONTO, May 16 /CNW/ - Sears Canada is responding to the concerns of
Canadians, by offering on-going competitive promotions on summer essentials to
help make the season affordable, without travelling far from home.
    "With gas prices at all-time highs, Canadians do not need to go to the US
to find items at more affordable prices. With Sears new seasonal offers, they
won't have to look beyond their neighbourhood Sears" said Dene Rogers,
President and Chief Executive Officer, Sears Canada. "We recognize how the
changing economy affects Canadian families and we are doing our part to ensure
that we provide our customers with what they want and need to have a great
summer."
    Sears Canada and its suppliers are bringing superior value to Sears
customers. Throughout the spring/summer season, Sears will offer the must-have
items of the season at competitive prices during various promotions. The first
long weekend of the summer is commemorated with an incredible 3 day sale
beginning Friday, May 16, 2008. The Celebrate...Long Weekends and Home Sale
events feature a wide assortment of low price merchandise with fashion, home
décor and big ticket offers timed perfectly over the long weekend.
    Here are some examples:

    -  Women's Nevada "Light' and 'Flight' Summer Sandals         Sale 19.99

    -  40% off Selected Jessica Sport Shorts, T-Shirts,
       Tank tops and Capris                               Sale 11.99 - 23.99

    -  40% off All Women's Christina, Baltex Silhouette Solution, IT Figures,
       Nygard, and Alia Swimwear

    -  40% All Retreat, Van Heusen, and Pierre Cardin Sportshirts and Knit
       Tops

    -  7-Pc. "Avista" Sling Dining Patio Set                    SALE $399.99

    -  Kenmore 40,000 Total BTU Double Burner Propane Grill     SALE $199.99

    -  Hillary Outdoor Multi-Purpose Screen House               SALE $124.99

    -  20" Free Spirit Dual Suspension Bike                     SALE $129.99

    -  Craftsman 18" Push Mower                                 SALE $119.99

    -  Craftsman 18" Electric Lawn Mower                        SALE $199.99

    Sears Canada wants customers to shop with confidence in their own
communities knowing that it is continuing its efforts to provide great
comparable value backed by the Sears satisfaction guarantee. Over the past
year Sears has responded to the increase in the Canadian dollar with its
"Stronger Dollar, Lower Prices" program. Sears is committed to helping hard
working Canadians get the best value for their dollar during this time of
soaring fuel costs that make long distance shopping trips expensive and time
consuming.

    Sears Canada is a multi-channel retailer with a network of 197 corporate
stores, 183 dealer stores, 51 home improvement showrooms, over 1,800 catalogue
merchandise pick-up locations, 106 Sears Travel offices and a nationwide home
maintenance, repair, and installation network. The Company also publishes
Canada's most extensive general merchandise catalogue and offers shopping
online at www.sears.ca.

For further information: Eliana Cugini, Sears Canada Inc., (416)
941-4426


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