Sears Announces Final Tender Results Of Cash Tender Offer for 6 5/8% Senior Secured Notes Due 2018

Sears Holdings Corporation

today announced the final tender results of its previously announced tender offer (the "Offer") to purchase for cash up to $1,000,000,000 principal amount of its outstanding 6 5/8% Senior Secured Notes Due 2018 (the "Notes").  As of 11:59 p.m., New York City time, on August 28, 2015 (the "Expiration Date"), approximately $936.2 million principal amount of the Notes were validly tendered and not validly withdrawn in the Offer, including approximately $0.6 million principal amount of the Notes that were validly tendered and not validly withdrawn after the early tender date of August 14, 2015 (the "Early Tender Date") and at or prior to the Expiration Date. The terms and conditions of the Offer are set forth in an Offer to Purchase (the "Offer to Purchase") and related Letter of Transmittal (the "Letter of Transmittal"), each dated August 3, 2015.  Consummation of the Offer, and payment for the tendered Notes, is subject to the satisfaction or waiver of certain conditions described in the Offer to Purchase. Subject to the terms and conditions of the Offer, the Company expects that it will accept for purchase all