Sears Canada 2006 Annual Report Now Online



    Available on Company Website and SEDAR

    TORONTO, March 29 /CNW/ - Sears Canada Inc. (TSX: SCC) today announced
that the Company's 2006 Annual Report is now available on its website at
www.sears.ca. Upon accessing the Sears home page, users may click on the
"corporate information" link on the third line from the bottom, then click on
"Investor info", and then select Reports from the drop down menu. A copy of
the 2006 Annual Report will be mailed to shareholders of record as at
March 21, 2007. Hard copies may also be requested by contacting Sears
Corporate Communications at 416-941-4425 or home@sears.ca after April 9, 2007.
    The Company has also filed its 2006 Annual Report and Management Proxy
Circular on the System for Electronic Document Analysis and Retrieval website,
available at www.sedar.com.
    The Company confirms that its Annual Meeting of Shareholders will be held
on Thursday, April 26, 2007 at 10:00 a.m. in the Sears Canada headquarters
building located at 222 Jarvis Street, Toronto, Ontario.

    Sears Canada is a multi-channel retailer with a network of 196 corporate
stores, 178 dealer stores, 64 home improvement showrooms, over 1,850 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:

For further information: Vincent Power, Sears Canada Inc., (416)
941-4422, vpower@sears.ca


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