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News Release

Staples, Inc. Announces Fourth Quarter 2011 Dividend

FRAMINGHAM, Mass., Dec 06, 2011 (BUSINESS WIRE) --

Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.10 per share. The dividend is payable on January 12, 2012, to shareholders of record on December 23, 2011.

About Staples

Staples is the world's largest office products company and a trusted source for office solutions. The company provides products, services and expertise in office supplies, copy & print, technology, facilities and breakroom, and furniture. Staples invented the office superstore concept in 1986 and now has annual sales of $25 billion, ranking second in the world in eCommerce sales. With 90,000 associates worldwide, Staples operates in 26 countries throughout North and South America, Europe, Asia and Australia, making it easy for businesses of all sizes and consumers. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com/media.

SOURCE: Staples, Inc.

Staples, Inc.
Media Contact:
Owen Davis, 508-253-8468
or
Investor Contact:
Chris Powers/Kevin Barry, 508-253-4632/1487