X0202 4 2004-07-01 0 0000319256 SEARS ROEBUCK & CO S 0001200232 LACY ALAN J 3333 BEVERLY ROAD B6 277A HOFFMAN ESTATES IL 60179 1 1 0 0 Chief Executive Officer Common Share Units 2004-07-01 2004-07-01 4 A 0 316.9931 37.74 A Common Shares 316.9931 52331.4211 D Common Share Units 2004-07-01 2004-07-01 4 A 0 229.6953 37.74 A Common Shares 229.6953 37919.7165 D These common share units were acquired pursuant to the Sears, Roebuck and Co. Deferred Compensation Plan, as Amended and Restated to December 13, 2000 (the "Plan"). These units represent salary, annual incentive, long-term incentive and/or dividend payments deferred under the Plan, converted into units based on the market price of Sears common shares on the date of deferral and held in the non-diversifiable account of the Plan. The units are credited with amounts representing dividends on common shares, as declared, which are also converted into units. The common share units are to be settled in cash, either in a lump sum or in a series of annual payments, following separation from service. These common share units were acquired pursuant to the Sears, Roebuck and Co. Deferred Compensation Plan, as Amended and Restated to December 13, 2000 (the "Plan"). These units represent salary, annual incentive, long-term incentive and/or dividend payments deferred under the Plan and converted into units based on the market price of Sears common shares on the date of deferral. By: /s/ Kristin L. Kruska as Attorney-in-Fact 2004-07-06