Sears Canada 2007 Annual Report Now Online

                   Available on Company Website and SEDAR

    TORONTO, March 31 /CNW/ - Sears Canada Inc. (TSX: SCC) today announced
that the Company's 2007 Annual Report is now available on its website at Upon accessing the Sears home page, users may click on the
"corporate information" link at the bottom, and then select Annual Reports
from the menu on the left-hand side. A copy of the 2007 Annual Report will be
mailed to shareholders of record as at March 24, 2008. Hard copies may also be
requested by contacting Sears Corporate Communications at 416-941-4425 or after April 14, 2008.
    The Company has also filed its 2007 Annual Report and Management Proxy
Circular on the System for Electronic Document Analysis and Retrieval website,
available at
    The Company confirms that its Annual Meeting of Shareholders will be held
on Thursday, April 24, 2008 at 8:00 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 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

For further information:

For further information: Vincent Power, Sears Canada Inc., (416)

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