First Call Mean Estimates

Fiscal Year Ending: Jan - Last Changed: 11/16/09

YR Ending Q1 Apr Q2 Jul Q3 Oct Q4 Jan 2014            2013            2012            2011 0.26 0.20  0.43  0.41  2010 0.22A 0.16A 0.38  0.37  2009 0.30A 0.21A 0.42A 0.36A 2008 0.29A 0.25A 0.42A 0.47A 2007 0.25A 0.22A 0.36A 0.46A 2006 0.20A 0.18A 0.30A 0.37A 2005 0.17A 0.16A 0.27A 0.33A 2004 0.12A 0.12A 0.22A 0.28A

YR Ending FISC YR Annual NUM Brokers (FISC) CAL YR Annual NUM Brokers (CAL) 2014 2.47 2   0 2013 2.10 2 2.47 2 2012 1.72 6 2.10 2 2011 1.36 21 1.72 6 2010 1.12 21 1.36 21 2009 1.29 18 1.12 21 2008 1.42 17 1.29 18 2007 1.28 17 1.42 17 2006 1.04 16 1.28 17 2005 0.93 18 1.04 16 2004 0.75 13 0.93 18

Mean Recommendation: 2.2

Mean Future 5 Year Growth Rate: 14

Disclaimer: Mean Earnings Estimates are calculated by First Call based on the earnings projections made by the analysts who cover Staples, Inc.. Please note that any opinions, estimates or forecasts regarding Staples, Inc.'s performance made by these analysts (and therefore the Mean estimate numbers) are theirs alone and do not represent opinions, forecasts or predictions of Staples, Inc. or its management. Staples, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.