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News Release

Staples Gives $10,000 to National Foundation for Teaching Entrepreneurship at New Copy & Print Shop Opening Celebration
    New Staples Copy & Print Shop Format Extends Staples' Ability to
     Provide High-Quality Copy and Print Services to New York City

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Jan. 14, 2008--Staples, Inc., (Nasdaq: SPLS) the world's largest office products company, today announced it will present the National Foundation for Teaching Entrepreneurship (NFTE) with a $10,000 donation at the official opening of its new Copy & Print Shop on Wed., Jan. 16, 2008. The Copy & Print Shop is an entirely new store format designed to meet customers' high-quality copy and print needs, while providing a fast shopping experience for essential office supplies. At noon, Staples General Manager Howard Coopersmith will formally present NFTE Director of New York Programs Sonia Park with the donation. Commissioner of the New York City Department of Small Business Services (SBS) Robert Walsh and Union Square Partnership Executive Director Jennifer Falk will also join the celebration at the new Copy & Print Shop on 116 W. 14th Street in Manhattan.

"Staples is committed to serving New York City, and our new Copy & Print Shop format makes it exceptionally easy for Manhattan businesses to get the essential products and services they need to grow and thrive," said Kevin Downes, regional vice president of sales and operations for Staples. "Our commitment also extends to making a difference in the community, and through our donation to NFTE, we're helping to lay the foundation for the city's future business leaders by supporting entrepreneurial education."

Staples' donation will support NFTE's New York Chapter Program, which helps local youth from low-income communities build skills and unlock their entrepreneurial creativity.

"We are pleased that Staples recognizes the value of the programs NFTE provides New York City youth and is helping to encourage their entrepreneurial spirit," said Sonia Park, NFTE director of New York programs. "This $10,000 donation will help our continued efforts to make a difference in the lives of local youth who might not otherwise have the opportunity to grow and thrive professionally."

The new Copy & Print Shop is the 25th Staples store to open in Manhattan since the company first entered New York City almost 20 years ago. This year, Staples plans to open eight Copy & Print Shops near business hubs throughout Manhattan, as well as a traditional Staples store in Manhattan and several in the boroughs. By the end of 2008, Staples will have more than 50 stores in Manhattan and the boroughs, significantly increasing its presence in the Big Apple.

Local businesses and residents are invited to the Staples Copy & Print Shop opening celebration for a chance to win raffle prizes and experience how the new Staples Copy & Print Shop makes it easy for urban professionals to receive top-notch copy and print services and conveniently purchase quality office products at a great value.

During this event, Staples will also present its first ever 'True Original' Business Award, which recognizes business leaders making an impact in their local communities. In selecting the award recipient, Staples specifically looked for someone who demonstrates entrepreneurial excellence and who, through his or her philanthropic efforts, serves as a role model for other New York City businesses who want to become more actively involved in their own communities. This winning business leader, to be announced at the event, will receive a $5,000 Staples gift card and have his or her business featured for three months in the Staples Copy & Print Shop.

Making It Easy To Buy Office Products and Services

The new 4,000 square-foot Copy & Print Shop is a brand new store format for New York City, designed specifically to meet urban businesses' needs for high quality copy and print services and a fast and convenient shopping experience. The new shops provide an easy shopping experience that includes:

    --  Full-service copy and print capabilities with state-of-the-art
        equipment for digital color copying and printing, customized
        business cards and stationery, indoor and outdoor signage,
        banners and big color posters, among other services

    --  A core selection of the office products businesses run out of
        most to enable quick "in-and-out" shopping and access to
        Staples' more than 45,000 products through in-store kiosks

    --  Free Wi-Fi access, laptop hookup and desktop computer rental
        with access to e-mail, Internet and desktop publishing suites
        to provide a mobile office for urban professionals on the go

    --  Signature "Easy" programs such as Easy Rebates, free delivery,
        UPS Ship Center, Staples Rewards and Ink & Toner In-Stock

Regular store hours will be Mon.-Fri., 7 a.m. - 9 p.m., Sat., 11 a.m. - 6 p.m., and Sun., 11 a.m. - 6 p.m.

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 2,000 office superstores and also serves its customers through mail order catalog, e-commerce and contract businesses. More information is available at

    CONTACT: Staples, Inc.
             Brenda Chroniak, 781-559-0423
             Mike Black, 508-253-0654

    SOURCE: Staples, Inc.