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News Release

Staples To Broadcast First Quarter 2000 Earnings Conference Call Via Live Webcast

FRAMINGHAM, Mass.--(BUSINESS WIRE)--May 15, 2000--Staples, Inc.'s management team will host a conference call to be broadcast via the internet for equity analysts, portfolio managers, individual investors, and members of the press on Tuesday, May 16, to announce the company's financial results for its first quarter of fiscal year 2000.

The company will begin the Webcast at 8:00 a.m. Eastern Daylight Time with a discussion of the results for Staples Retail and Delivery business, immediately followed by a review of Staples.com's results at approximately 8:45 a.m.

Individuals may access the Webcast from Staples' Web site at http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=SPLS& script=2400 or at www.staples.com by clicking on the "Corporation Information" link in the upper right hand corner of the home page, then clicking on the "Investor and Media Info" link, then selecting "Corporate Overview" where they may access the Webcast link.

To listen to the event, participants will need a multimedia computer with speakers, with the RealPlayer plug-in installed. In preparation for the Webcast, it is recommended that participants complete the pre-event system test located on the "Corporate Overview" page of Staples' website and pre-register for the event.

¶ From 12:00 p.m. on May 16 until 12:00 a.m. on Friday, May 26, a replay of the Webcast will be available at www.staples.com under Investor and Media Info/Corporate Overview as well as at www.streetevents.com.

About Staples Retail and Delivery

Staples Retail and Delivery (NASDAQ:SPLS) is a $9 billion provider of office supplies, furniture, technology and services to consumers and businesses of all sizes in the United States, Canada, the United Kingdom, Germany, the Netherlands and Portugal. Headquartered near Boston, Staples invented the office superstore concept and is the largest operator of office superstores in the world. The company has 50,000 employees who help customers slash the cost and hassle of running their businesses through more than 1,100 retail superstores, an e-commerce business, direct mail order operations under the brands of Staples and subsidiary Quill Corporation, and a national accounts contract business. More information about the company is available at http://www.staples.com.

CONTACT: Media Contact:

             Staples Retail and Delivery
             Shannon Lapierre
             508-253-8468
             shannon.lapierre@staples.com
                or
             Investor Contact:
             Staples Retail and Delivery
             Bonnie Monahan
             508-253-7963
             bonnie.monahan@staples.com