Kohl’s March Same-Store Sales Inch Up 0.4%

Kohl’s Corporation reported that sales for the five week period ended April 5, 2003, increased 21.7% over the five week period ended April 6, 2002. On a comparable store basis, sales increased 0.4%.

                                             Sales Summary
                                            ($ in millions)
                               ---------------------------------------
                               Fiscal Period Ended     % Increase
                               ---------------------------------------
                               April 5,  April 6,   All    Comp Stores
                                 2003      2002    Stores    TY   LY
                               --------  --------  ------  -----------

March                            $913.5    $750.6   21.7%  0.4%   9.1%
Year-to-Date                   $1,399.7  $1,191.6   17.5% (1.5)% 11.1%

During March, the Company successfully entered the greater Los Angeles area with 28 stores. Kohl ‘s will celebrate the grand opening of 7 additional stores on April 11th, including entry into the San Antonio market with 3 stores; and a store each in Kalamazoo, MI; West Springfield, MA; Hooksett, NH; and Doylestown, PA.

Kohl’s will open approximately 45 stores in the fall, including its entries into Phoenix, AZ with 10 stores, Tucson, AZ with two stores, Flagstaff, AZ with one store, and Las Vegas, NV with three stores. In total, the Company plans to open approximately 80 stores in fiscal 2003.

At April 5, 2003, the Company operated 485 stores in 34 states compared with 394 stores in 29 states at the same time last year.