Staples, Inc. Announces Final Settlement of Its Offer for All Outstanding Securities of Corporate Express

FRAMINGHAM, Mass., July 23, 2008 -- Staples,(Nasdaq: SPLS) and its wholly owned subsidiary Staples Acquisition B.V. ("Staples Acquisition") announced today the settlement of the post acceptance period (na-aanmeldingstermijn) of the offer ("Offer") for all the issued and outstanding ordinary shares ("Ordinary Shares"), American depositary shares ("ADSs") and depositary receipts for preference A shares ("Preference A Shares") that were validly tendered in the Offer (or otherwise defectively tendered provided that such defect has been waived by Staples Acquisition) in the share capital of Corporate Express N.V. and the two percent subordinated convertible bonds due 2010 ("Bonds").

About Staples

Staples, the world's largest office products company, is committed to making it easy for customers to buy a wide range of office products, including supplies, technology, furniture, and business services. With $27 billion in sales, Staples serves businesses of all sizes and consumers in 27 countries throughout North and South America, Europe, Asia and Australia. In July 2008, Staples acquired Corporate Express, one of the world's leading suppliers of office products to businesses and institutions. Staples invented the office superstore concept in 1986 and is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at staples.com.

Source:: Staples, Inc. (via BUSINESS WIRE)

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