Investment Industry Regulatory Organization of Canada - Trading Halt - Sears Canada Inc. - SCC

May 17, 2011

TORONTO, May 17 /CNW/ - The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):

Issuer Name: Sears Canada Inc.
TSX Ticker Symbol: SCC
Time of Halt: 9:28 AM ET
Reason for Halt: Pending News

For further information:

IIROC Inquiries (416) 646-7299 - *Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.