Sears Brings in March Like a Lion with New 'Budget Relief Price Drop' Items.

    TORONTO, Feb. 27 /CNW/ - Sears Canada Inc. (TSX: SCC) starts the month
off with some of the best 'Budget Relief Price Drops' ever. Consumers can
revitalize their wardrobe, freshen up their homes and get into shape this
spring with recession proof prices.
    Sears "Budget Relief Price Drop" program has been developed to respond to
Canadians looking for ways to get more value for their dollar. The program
provides lower prices on a great selection of merchandise aimed to demonstrate
to customers that they are getting the best prices for apparel and home
products without having to lower their standards of quality. With consumer
confidence remaining low and the difficult economic situation continuing into
the first quarter, Sears "Budget Relief Price Drop" is certain to be welcomed
by consumers looking to stretch their household budgets in 2009.

     The "Budget Relief Price Drop" promotion for this weekend includes the
following items:

    Beverly Hills Polo Club Stripes
     & Solids Bath Towels                             $8.99,   Reg. $29.99

    3-step ladder                                    $23.99,   Reg. $59.99
    CRAFTSMAN 10" Table Saw                         $249.99,   Reg. $499.99
    201 pc Drill & Driver Set                        $29.99,   Reg. $99.99

    ProForm Folding Treadmill                       $539.99,   Reg. $1199.99
    Fitness Gear Elliptical Trainer                 $399.99,   Reg. $999.99

    CD/Radio Boombox                                 $19.99,   Reg. $39.99

    'Marsala' Sofa                                  $999.99,   Reg. $1499.99
    'Ethan II' Reclining Sofa                       $989.99,   Reg. $1349.99

    Men's Haggar 'Select' pants                      $39.99,   Reg. $70.00
    Men's Levis denim jean jacket                    $41.99,   Reg. $79.99
    Men's Dockers original casual pants              $29.99,   Reg. $65.00

    40% All Men's Levis, Union Bay & Point Zero denim fashion and Axcess,
     Point Zero & Solitude sportswear

    30% All Nygard Collection & Concepts Conrad C fashions

    40% All Women's Levis, Lois, Point Zero & Columbia fashions

    35% All Women's Dresses & Pantsuits from our dress shop

    45% off All Warner's, Playtex & Vogue Bra boxed bras,
     briefs & bodybriefers

    60% Roots '7903' & '7603' and Atlantic 'AY0403' 3pc luggage sets

    With respect to prices at other retailers operating in Canada, Sears
reminds customers of its Price Match Guarantee, which states that the Company
will match any advertised price in Canada. Customers can find additional
information and details at their local Sears store.

    This release contains statements that are forward-looking. Actual results
or events may differ materially from those forecasted in this release because
of the risks and uncertainties associated with Sears Canada's business and the
general economic environment.

    Sears Canada is a multi-channel retailer with a network of 198 corporate
stores, 187 dealer stores, 44 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

For further information:

For further information: Contact for Media: Vincent Power, Sears Canada,
Corporate Communications, (416) 941-4422,

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