EXHIBIT 15





Sears Roebuck Acceptance Corp.
Greenville, Delaware

We have made a review, in accordance with standards established
by the American Institute of Certified Public Accountants, of the
unaudited interim financial information of Sears Roebuck
Acceptance Corp. for the 13 week periods ended April 3, 2004 and
March 29, 2003, as indicated in our report dated May 10, 2004;
because we did not perform an audit, we expressed no opinion on
that information.

We are aware that our report referred to above, which is included
in your Quarterly Report on Form 10-Q for the quarter ended
April 3, 2004, is incorporated by reference in Registration
Statement No. 333-92082 on Form S-3.

We are also aware that the aforementioned report, pursuant to
Rule 436(c) under the Securities Act of 1933, is not considered a
part of the Registration Statement prepared or certified by an
accountant or a report prepared or certified by an accountant
within the meaning of Sections 7 and 11 of that Act.






/s/Deloitte & Touche LLP
- ------------------------
Deloitte & Touche LLP
Philadelphia, Pennsylvania
May 10, 2004










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