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News Release

Staples Executives Sell Shares in Block Trade
FRAMINGHAM, Mass., Sep 7, 2001 (BUSINESS WIRE) -- Staples Inc. (Nasdaq:SPLS) announced today that a number of executives sold 1,570,000 Staples shares in a block trade executed by Deutsche Banc Alex. Brown.

The sale of the shares relates to repayment of debt these executives undertook to exercise Staples.com shares.

CONTACT:
Staples
For investor inquiries:
Laurel Lefebvre
Director of Investor Relations
508-253-4080
or
For media inquiries:
Tom Nutile
Vice President of Public Relations
508-253-1833