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Staples Announces Donations of More than $400,000 to Greater Boston Charitable Organizations

FRAMINGHAM, Mass.--(BUSINESS WIRE)--March 31, 2008--Staples, Inc. (NASDAQ: SPLS), the world's largest office products company and Staples Foundation for Learning, Inc, a private foundation created by Staples, today announced charitable donations to 85 New England nonprofit organizations as part of its ongoing commitment to giving back to the communities where its customers and associates live and work.

Staples will make a $50,000 contribution to Citizens Energy Corporation's Oil Heat Fund, which provides free heating oil to low-income and elderly households in Massachusetts through local community fuel assistance programs. Since 2004, Staples has donated a total of $155,000 to Citizens Energy.

In addition to awarding foundation grants, Staples, Inc. also supports local events held by Boston-based nonprofit organizations to celebrate and raise awareness of their work in the community. This spring, Staples donated more than $200,000 to support Boston nonprofit events for the following organizations:

Boston Public Library Foundation; Boston Symphony Orchestra; Boys & Girls Clubs of Boston; Dress for Success; Facing History and Ourselves; Franciscan Hospital for Children; hopeFound; Inner City Scholarship Fund; John F. Kennedy Library Foundation; Junior Achievement of Boston; Mass Mentoring Partnership; Massachusetts Society for the Prevention of Cruelty to Children; Morgan Memorial Goodwill Industries; Museum of Fine Arts; Special Olympics of Massachusetts

Staples Foundation for Learning, Inc. has awarded grants totaling $168,500 to 69 nonprofit organizations throughout New England in support of local youth. For the fourth consecutive year, Staples invited associates in their Framingham headquarters to nominate their favorite organizations to receive funding from the foundation. These organizations provide youth with programs focused on academic achievement, job skills and diversity.

"Nonprofit organizations that support the growth and achievement of youth are critical to the future of New England," said Paul Capelli, vice president, Staples, Inc. "As a company headquartered in Massachusetts, Staples is committed to giving back to organizations in our own backyard that prepare local youth to be tomorrow's leaders."

    Organizations receiving grants of $3,500 to $15,000 include:

    --  Artists for Humanity, Boston, MA --- $10,000 to Youth Run Arts
        Micro-Enterprise, which enables youth to gain artistic and job
        skills through the production of sculptures and design
        projects.

    --  Boys and Girls Clubs of Boston, MA --- $15,000 to Young
        Leaders, which helps youth gain leadership, community service
        and job skills.

    --  Cradles to Crayons, Quincy, MA --- $10,000 to Ready for
        School, which provides homeless and needy children with basic
        school supplies.

    --  Horizons for Homeless Children, Boston, MA --- $10,000 to
        Community Children's Centers, which provides homeless children
        and their parents with support services.

    --  Junior Achievement of Eastern Massachusetts, Boston, MA ---
        $10,000 to After-School Financial Literacy Education, which
        teaches disadvantaged youth about entrepreneurship and
        financial management.

    --  Sudbury Valley Trustees, Sudbury, MA --- $10,000 to the Youth
        Conservation Steward Program, which enables youth to develop
        their leadership, academic and environmental stewardship
        skills.

    --  Williamstown Rural Lands Foundation, Williamstown, MA ---
        $3,500 to an environmental program that provides elementary
        students with instruction on wildlife, ecology and natural
        landscapes.

In addition, each of the following organizations has received a $1,500 donation:

America SCORES New England; Angle Tree District BSA; Beautiful Beginnings Child Care Center; Becket-Chimney Corners YMCA; Big Brothers Big Sisters Central Massachusetts/Metrowest, Inc; Big Brothers Big Sisters of Massachusetts Bay; Big Sister Association of Greater Boston; Bikes Not Bombs; Billy Dalwin Preschool of Temple Emunah; Blackstone Millville Youth Soccer Organization; Boston Trinity Academy; Boy Scouts of America- Troop 80 High Adventure Crew; Boys & Girls Club of Webster-Dudley; Boys & Girls Club of Woburn; Brandon Residential; Carroll Center for the Blind; Cathy Gray Memorial Fund, Inc; Century Chinese Language School; Challenge Unlimited at Ironstone Farm; City Year Boston; Criterion Heritage Early Intervention Program; Duxbury Educational Foundation; Easter Seals of Massachusetts; Framingham High School Foundation; Franciscan Hospital for Children; Gay Lesbian Straight Education Network of Boston; Girl Scouts of Rhode Island; Girl Scouts of Central and Western Massachusetts, Inc.; Hale Reservation; Hopkinton Education Foundation; House of Peace & Education, Inc.; Jewish Big Brothers Big Sisters of Greater Boston; Jewish Community Relations Council; Medfield Afterschool Program; Melrose Sharing and Caring; MetroLacrosse; MY TURN, Inc.; Natick Community Organic Farm; Notre Dame Education Center; PAL Worcester; Pathways for Children; Quincy Community Action Programs, Inc.; Rehobeth Youth Baseball and Softball Association (R.Y.B.S.A); Ride With Pride, Inc.; Samantha's Harvest; School on Wheels of Massachusetts, Inc.; Shirley Educational Foundation; Shrewsbury Education Foundation; Southern Middlesex Opportunity Council; Strong Women, Strong Girls; Taunton Early Prevention Program; The Center for Teen Empowerment, Inc.; The Drama-Play Connection, Inc.; The New England Center for Children, Inc.; The Uria and Johanna Manfreda Fishbein WSO Children's Concert; Volunteers in Providence Schools (VIPS); WARM2Kids; Westborough Area Jewish Community Center; Westborough Community Land Trust; Winthrop Improvement and Historical Association; Worcester Community Mediation Center; Year Up

About Staples

Staples, Inc. invented the office superstore concept in 1986 and today is the world's largest office products company. With 76,000 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 2007 sales of $19.4 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 www.staples.com.

About Staples Foundation for Learning

The mission of Staples Foundation for Learning, Inc. is to teach, train and inspire. Founded in 2002, the foundation has contributed more than $12 million to national and local charities that provide educational opportunities and job skills for all people, with a special emphasis on disadvantaged youth. Staples Foundation for Learning has also developed lasting relationships with Boys & Girls Clubs of America, Earth Force, Hispanic Heritage Foundation and the Initiative for a Competitive Inner City. In addition, Staples Foundation for Learning supports Ashoka, an organization that develops and supports social entrepreneurs around the world, in eight countries: Argentina, Belgium, Brazil, Canada, France, Germany, Spain and the United States. For more information about the foundation or how to apply for a grant, please visit www.staplesfoundation.org.


    CONTACT: For Staples, Inc.
             Eva Pereira, 781-559-0424
             Eva.Pereira@rfbinder.com
             or
             Briana Curran, 508-253-0203
             Briana.Curran@staples.com

    SOURCE: Staples, Inc.