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City of Miami and Staples to Break Ground on First LEED-Registered Green Retail Building in City
    Developer MK Real Estate Group to Pursue LEED Certification for
                     Staples Biscayne Blvd. Store

MIAMI--(BUSINESS WIRE)--Sept. 24, 2007--Staples (Nasdaq: SPLS), the world's largest office products company, along with the City of Miami and MK Real Estate Group, will host a groundbreaking event for Miami's first green retail building registered with the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED). The event will take place at the Staples store building site located at 2121 Biscayne Boulevard, on Fri., Sept. 28 at 11 a.m., where Mayor Manny Diaz and Staples Regional Vice President Royce Reed will celebrate the City's progress in sustaining its future through eco-friendly practices.

"Building green is smart growth and with partners like Staples, the City of Miami can achieve its goal of becoming a model city for sustainable living," said Miami Mayor Manny Diaz.

MK Real Estate Group is building the 2121 Biscayne Boulevard Staples store in compliance with LEED silver certification standards. If accomplished, this building will be the first LEED-certified retail store in the City of Miami, and the first store of its kind for Staples.

    The store's green design will help:

    --  Improve energy performance and reduce "heat island effect"
        contributing to higher city temperatures through a highly
        reflective roofing system;

    --  Reduce the strain on municipal water and Florida aquifer
        reserves by collecting rainwater through rooftop gutter
        systems and installing waterless urinals and low-flow toilets;

    --  Preserve non-renewable, virgin resources by using drywall,
        steel, concrete, bathroom partitions, carpet and parking stops
        made from recycled materials;

    --  Protect and restore habitats by landscaping with 100 percent
        native plants and shrubs;

    --  Encourage alternative transportation by installing bike racks
        and showers;

    --  Lead recycling efforts by having on-site recycling for paper,
        plastic, glass, and cardboard, in addition to computer,
        electronics and ink cartridge recycling offered by Staples
        stores every day.

"It's wonderful to see a company like Staples making a commitment to green building," said Tom Hicks, vice president of LEED, U.S. Green Building Council. "Green buildings are environmentally responsible, healthier for the building's users and employees and are more profitable structures."

LEED certification is a voluntary independent green building rating system. Buildings meeting LEED standards minimize negative environmental impacts and maximize energy efficiency and sustainability. Criteria evaluated for LEED certification include sustainable sites, water efficiency, energy and atmosphere, materials and resources, indoor environmental quality, and innovation and design process.

"Staples is committed to sustainable business practices throughout our organization, and we make it easy for customers to make a difference for the environment - what we call EcoEasy," said Royce Reed, regional vice president of sales and operations for Staples stores in South Florida. "Sustainable building design helps us conserve natural resources, reduce waste and create a healthier environment for our local communities. It's also good, smart business. When completed, the 2121 Biscayne Staples will make it easy for customers to get the office products and services they need, including many eco-friendly products and recycling offerings."

Building a green store in South Florida is one of Staples many eco-friendly practices, which also include recycling, offering a wide assortment of eco-friendly products, investing in energy efficiency and renewable energy and educating customers and associates about sustainability. Through its EcoEasy commitment, Staples makes it easy for customers to make a difference for the environment by offering more than 2,900 recycled-content products and providing everyday, in-store recycling for computers, office technology, personal electronics and ink and toner cartridges. For more on Staples environmental initiatives, please visit

"We are very pleased to be a part of both Staples' and the Mayor's commitment to green initiatives by building a store that will continue to provide long-term economic, social and environmental benefits," says Bill Biondi, president of MK Real Estate Group. "Our goal is to provide a healthy environment for Staples and the surrounding neighborhood for years to come."

About Staples

Staples, Inc. invented the office superstore concept in 1986 and today is the world's largest office products company. With 74,000 talented associates, the company is committed to making it easy to buy a wide range of office products, including supplies, technology, furniture, and business services. With 2006 sales of $18.2 billion, Staples serves consumers and businesses ranging from home-based businesses to Fortune 500 companies in 22 countries throughout North and South America, Europe and Asia. Headquartered outside of Boston, Staples operates more than 1,900 office superstores and also serves its customers through mail order catalog, e-commerce and contract businesses. More information is available at

    CONTACT: Gordon Reyes & Co.
             Seth Gordon, 305-381-8831
             C: 305-322-3121
             For Staples, Inc.
             Nikisha Williams, 305-572-1387
             C: 305-725-0526

    SOURCE: Staples, Inc.