Tranche Update on Sears Holdings Corporation's Equity Buyback Plan announced on May 3, 2011.

Sears Holdings Corp is a United States-based company. The Company is an integrated retailer with approximately 766 full-line and specialty retail stores. It operates through two segments: Kmart and Sears Domestic. Its Kmart segment offers a range of products across various merchandise categories, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables and apparel, including products sold under labels, such as Craftsman, Jaclyn Smith, Adam Levine, Joe Boxer, Basic Editions and Sears branded products (such as Kenmore and DieHard) and services. The Company’s Sears Domestic segment offers products include Kenmore, DieHard, WallyHome, Bongo, Covington, Simply Styled, Everlast, Metaphor, Roebuck & Co., Outdoor Life and Structure brand merchandise, and other brand merchandise, such as Craftsman, Roadhandler and Levi's. It also offers Shop Your Way, a member-based social shopping platform.