April 24, 2001

Contact:
Mary Lorencz
Director, Corporate Media Relations
(248) 463-1021

FOR IMMEDIATE RELEASE

KMART ANNOUNCES EXECUTIVE RESIGNATION

TROY, Mich., April 24, 2001 - Kmart Corporation (NYSE: KM) ) today announced that Chief Marketing Officer Brent Willis has decided to leave Kmart for personal reasons effective May 7. With his departure the marketing and advertising departments will report to Mark Schwartz, Kmart President and COO.

"We understand and respect Brent's decision to put his family first and are thankful for his many contributions to Kmart. We wish him well in his new endeavors," said Chuck Conaway, Kmart Chairman and CEO.

Kmart Corporation is a near-$40 billion company that serves America with more than 2,100 Kmart and Kmart supercenter retail outlets. Kmart donates $35 million each year to support its hometowns and local non-profit organizations. Kmart associates also provide their most valuable resource - time - everyday in their local communities. In addition to serving all 50 states, Kmart operations extend to the Caribbean Islands and Asia Pacific. More information about Kmart is available on the World Wide Web at www.bluelight.com under the ''About Kmart'' section.