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News Release

Staples Kicks Off Earth Day Computer Recycling Program; Used Equipment Collected at 31 Stores in Washington, Oregon

SEATTLE--(BUSINESS WIRE)--April 20, 2004--Staples, Inc. (Nasdaq:SPLS):

Editor's Note:
Information on photo opportunities in
Seattle and Portland at end of release.

Staples, Inc. (Nasdaq:SPLS) will kick off Earth Day celebrations with a recycling program that lets customers recycle used desktop computers, monitors and notebook computers at 31 Staples stores in Washington and Oregon. The Staples Computer Recycling Program lets Pacific Northwest residents take an active role in addressing the growing problem of computer waste in their communities. Consumers can recycle their used computer equipment by bringing it to a participating Staples store or through Staples Business Delivery in the greater Puget Sound area and western Oregon(a) beginning on Earth Day, April 22 through May 8.

Staples asks customers to make a $10 donation when they bring in their computer for recycling. Staples will contribute 100 percent of funds collected to a local school district selected by each customer from a list of participating school districts available from each participating Staples store location. In appreciation for supporting the Staples Computer Recycling Program, Staples will provide consumers with a coupon good for $10 off their next in-store purchase of $40 or more, and $30 off their next purchase of $150 or more through www.staples.com or Staples catalog.

Staples is working with Envirocyle, Inc., one of the country's largest recyclers of electronic equipment, to disassemble the computer equipment for reuse in other products or for environmentally sound disposal, including the hazardous materials in CRT monitors.

"Staples is pleased to offer our customers the opportunity to responsibly recycle computers and support local education at the same time," said Mark Buckley, vice president of environmental affairs for Staples, Inc. "Each year, thousands of computers and computer monitors fall into disuse and end up in landfills. With the increased popularity of energy-saving LCD flat screen monitors, there is an excessive amount of old, bulky monitors desperately needing to be properly recycled."

Currently, about 800,000 obsolete computers sit idle in Washington households, while businesses in the state generate 250,000 to 500,000 obsolete computer systems each year, according to King County Solid Waste Division. Last month, Governor Locke signed a recycling Bill into law (ESHB 2488) to address the increasing problem of electronics waste. In the Portland metro area, there were an estimated 285,000 obsolete computers and over 334,000 obsolete monitors stored in homes and businesses in 2002, according to Metro regional government.

"Staples is demonstrating a strong commitment to electronics recycling which the EPA applauds," said Rick Albright, director, Office of Waste and Chemicals Management, U.S. EPA Region 10. "This recycling program exemplifies the type of action that our 'Plug-In to eCycling' program encourages with businesses and the communities they serve."

Customers can also recycle via UPS shipping through Staples Business Delivery. With online or catalog orders of $100 or more, Staples is providing customers a free recycling kit and a prepaid UPS shipping label. For more information about the Staples Computer Recycling Program, visit www.staples.com/earthday beginning April 20th.

The Staples Computer Recycling Program is part of Staples' overall commitment to the environment, which includes offering recycled content products, chain-wide recycling initiatives, energy conservation and renewable power programs, and education initiatives for customers and associates.

In 2003, Staples created Staples Recycle for Education, which is on track to raise $1.5 million in its first year for state education funds nationwide. The program donates $1 per eligible recycled inkjet and toner cartridge to state public education funds. Staples also allows customers to recycle used cell phones, PDAs and pagers at its stores. A portion of proceeds from recycled mobile electronics is donated to the Sierra Club for environmental and conservation programs. For more information on Staples environmental initiatives log onto www.staples.com/recycle.

About Staples

Staples, Inc. is headquartered outside of Boston and sells a wide range of office products, including supplies, technology, furniture, and business services. With 2003 sales of $13.2 billion, Staples is committed to make buying office products easy. Approximately 60,000 associates serve consumers and businesses of all sizes -- from home-based businesses to Fortune 500 companies in the US, Belgium, Canada, France, Germany, Italy, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom. Staples invented the office superstore concept and today, with nearly 1,600 office superstores, is the largest operator of office superstores in the world. Staples also serves its customers through its mail order catalog, e-commerce and contract businesses. More information is available at www.staples.com.

Seattle Photo Opportunity

Media are invited to attend a public Earth Day celebration event to kick off Staples Computer Recycling Program in the greater Puget Sound-area on April 21 at 12:00 p.m. at the Redmond Staples store located at 15790 Redmond Way. The event also includes a store dedication ceremony honoring Microsoft's Steve Schiro, corporate vice president of Home & Retail.

Portland Photo Opportunity

Staples will officially kick off the Staples Computer Recycling Program in Oregon on April 22 at 12:30 p.m. Media are invited to join over 400 students and teachers at Portland's Lent Elementary School located at 5105 SE 97th Street in Portland at a rockin' and recyclin' Earth Day celebration featuring music from Recycleman www.recycleman.com.

(a) Participating stores outlined below


Participating Oregon Stores           Address
---------------------------           -------
Portland, OR                          1760 N. Jantzen Beach Ctr. Dr.
Portland, OR                          12301 NE Glisan Street
Tigard, OR                            10385 SW Cascade Blvd.
Tualatin, OR                          8795 SW Tualatin Sherwood Rd.
Newport, OR                           721 North Coast Highway
Eugene, OR                            2370 West 11th Ave.
Albany, OR                            2000 S. Santiam Highway
Corvallis, OR                         720 NE Circle Blvd.
The Dalles, OR                        460 Mount Hood Street
McMinnville, OR                       1150 NE Highway 99, West

Participating Washington Stores       Address
-------------------------------       -------
Seattle, WA                           2501 SW Trenton Street
Seattle, WA                           13240 Aurora Ave. North
Seattle, WA                           1541 15th Ave West
Bellevue, WA                          1645 140th N.E. Suite A4
Issaquah, WA                          628 N. Front Street
Redmond, WA                           15790 Redmond Way
Bothell, WA                           18438 120th Ave NE
Lynnwood, WA                          3011 196th Street SW
Mill Creek, WA                        16232 Bothell Everett Highway
Marysville, WA                        105 Mall Way
Aberdeen, WA                          1109 E. Wishkah Blvd.
Renton, WA                            18129 East Valley Hwy South
Kent, WA                              25420 104th Ave. SE
Burien, WA                            14907 4th Street SW
Olympia, WA                           1200 Cooper Point Road #518
Silverdale, WA                        2850 Bucklin Hill Rd. #101
Chehalis, WA                          1740 National Ave.
Port Orchard, WA                      1805 S.E. Lund Ave.
Monroe, WA                            19139 State Route 2
Wenatchee, WA                         200 Ferry Road
Sequim, WA                            990A East Washington St.

CONTACT: Edelman
Laura Butorac, 206-223-1606
laura.butorac@edelman.com
or
Staples, Inc.
Julie Mittelman, 617-699-2117
julie.mittelman@staples.com

SOURCE: Staples, Inc.