EXHIBIT 99.1

STATEMENT UNDER OATH OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL
OFFICER REGARDING FACTS AND CIRCUMSTANCES RELATING TO EXCHANGE ACT FILINGS

I, Pamela Forbes Lieberman, state and attest that:

(1)  To the best of my knowledge, based upon a review of the covered reports of
     TruServ Corporation and, except as corrected or supplemented in a
     subsequent covered report:

     o    No covered report contained an untrue statement of material fact as of
          the end of the period covered by such report (or in the case of a
          report on Form 8-K or definitive proxy materials [which TruServ is not
          required to file], as of the date on which it was filed), except as
          provided below; and

     o    No covered report omitted to state a material fact necessary to make
          the statements in the covered report, in light of the circumstances
          under which they were made, not misleading as of the end of the period
          covered by such report (or in the case of a report on Form 8-K or
          definitive proxy materials [which TruServ is not required to file], as
          of the date on which it was filed), except as provided below:

     |_|  TruServ had for several years, from at least February 1997 through at
          least the end of 1999, inadequate internal controls relating to, among
          other things, various aspects of inventory management, accounts
          payable, cost of goods sold and accounting for certain income and
          expense items. Principally as a result of these deficiencies, TruServ
          reported a loss of $131,143,000 for fiscal year 1999. In addition,
          based upon the information available and in accordance with generally
          accepted accounting principles, TruServ recorded an inventory pick up
          of $22,200,000 in the fourth quarter of fiscal year 2000, some of
          which may have related to prior periods. Because the problems
          identified above were caused by systematic flaws in internal controls,
          and as TruServ did not take complete physical inventories at December
          31, 1999, TruServ does not have information available to determine if
          it is necessary to restate its financial statements for 1999 or cost
          of goods sold for fiscal 2000.

     |_|  As a result, while I am not aware of any information that would cause
          me to believe that any of the pre-2001 financial statements can or
          should be modified, I cannot make the certifications set forth above
          with respect to TruServ's financial statements for the 1999 fiscal
          year and the income statement with respect to the inventory pick up
          described above, included in TruServ's financial statements for the
          2000 fiscal year, which are included in TruServ's Annual Report on
          Form 10-K for the year ended December 31, 2001.




     |_|  On May 24, 2002, TruServ filed a Form 8-K in which it disclosed that
          the Midwest Regional Office of the Commission intended to recommend to
          the Commission an enforcement proceeding against TruServ seeking a
          cease and desist order relating to the 1999 loss and to the
          deficiencies in TruServ's internal controls, in part, described
          herein. TruServ has entered into negotiations with the Commission
          staff, and is in the process of making an Offer of Settlement to the
          Commission in connection with resolving the Commission's investigation
          of these matters. TruServ will make such Offer of Settlement without
          admitting or denying the findings in any Commission Order. If the
          Commission accepts TruServ's Offer of Settlement, TruServ will be
          subject to a cease and desist order requiring it to maintain books and
          records in conformance with the requirements of the Securities
          Exchange Act of 1934 and to undertake certain other ancillary
          procedures.

(2)  I have reviewed the contents of this statement with TruServ's audit
     committee.

(3)  In this statement under oath, each of the following, filed on or before the
     date of this statement, is a "covered report":

     o    TruServ Corporation's Annual Report on Form 10-K for the year ended
          December 31, 2001;

     o    All reports on Form 10-Q, all reports on Form 8-K and all definitive
          proxy materials (which TruServ is not required to file) of TruServ
          filed with the Commission subsequent to the filing of the Form 10-K
          identified above; and

     o    Any amendments to any of the foregoing.


                                                Subscribed and sworn to
                                                Before me this 13th day
                                                of August 2002.

/s/ Pamela Forbes Lieberman                     /s/ Susan A. Scheibenreif
---------------------------                     -------------------------
Pamela Forbes Lieberman                         Notary Public
August 13, 2002
                                                My Commission Expires: 6/19/2004