This Pricing Supplement, filed pursuant to Rule 424(b)(2), relates to
Registration Statement No. 333-9817 and to each Prospectus dated 8/22/1996
and to each Prospectus Supplement dated 8/22/1996
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PRICING SUPPLEMENT TO PROSPECTUS SUPPLEMENT DATED
August 22, 1996 TO PROSPECTUS DATED August 22, 1996
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Pricing Supplement: 28
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Dated: 10/07/1996
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Sears Roebuck Acceptance Corp.
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Medium-Term Note Series III
(Floating Rate)
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Due at least 9 months from date of issue
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Principal Amount of Note: $ 200,000,000
Settlement Date (Original Issue Date): 10/15/1996
Maturity Date: 10/15/1998
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Specified Currency: US $
(If Other than U.S. Dollars, see attached)
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Interest Rate Basis: LIBOR
Spread Multiplier: NA Maximum Rate: NA Minimum Rate: NA
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Spread (plus or minus): + .08500%
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Index Maturity: One(1) Month
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Date Initial Interest Rate Set: 10/10/1996
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Interest Reset Date(s): Third Wednesday of each month
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Interest Determination Date(s): Two business days prior to each coupon
payment date
Calculation Agent: CHASE MANHATTAN BANK, N.A.
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Interest Payment Date(s): Third Wednesday of each month
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Regular Record Date(s): 15 days prior to each interest
payment date
Initial Interest Payment: 11/20/1996
Designated CMT Maturity Index:
Designated CMT Telerate Page:
Form of Purchased Notes: DTC
Redemption Commencement Date: NOT APPLICABLE
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Redemption Price: If a Redemption Commencement Date is specified
above, the Redemption Price shall be - of the principal amount
to be redeemed and shall decline at each anniversary of the Redemption
Commencement Date by - of the principal amount to be redeemed
until the Redemption Price is 100% of such principal amount.
.
.
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