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SEARS DECLARES DIVIDENDS

 CHICAGO, Aug. 11 /PRNewswire/ -- The board of directors of Sears, Roebuck and Co. today declared regular dividends on three issues.
 A regular quarterly dividend of 40 cents per share was declared on Sears outstanding common shares. The dividend is payable Oct. 1, 1993, to shareholders of record at the close of business on Aug. 31, 1993.
 A regular quarterly dividend of $2.22 per share was declared on Sears outstanding 8.88 percent Preferred Shares, First Series. The dividend amounts to 55-1/2 cents for each depositary share held. Each depositary share represents one-fourth of a preferred share. The dividend is payable Nov. 1, 1993, to holders of record at the close of business Sept. 30, 1993.
 A regular quarterly dividend of $3.75 per share was declared on Sears outstanding Series A Mandatorily Exchangeable Preferred Shares (PERCS). The dividend amounts to $.9375 for each depositary share held. Each depositary share represents one-fourth of a PERCS. The dividend is payable Oct. 1, 1993, to holders of record at the close of business Aug. 31, 1993.
 -0- 8/11/93
 /CONTACT: Gerald E. Buldak, of Sears, 312-875-8371/
 (S)


CO: Sears, Roebuck and Co. ST: Illinois IN: REA SU: DIV

LG -- NY041 -- 1609 08/11/93 10:57 EDT
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Publication:PR Newswire
Date:Aug 11, 1993
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