Certain information contained in this press release constitutes forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995, including the statements regarding the proposed offering and expected use of proceeds. These statements relate to future events and can generally be identified by words such as "expects" and "intends". Forward-looking statements are inherently uncertain. The success of the offering is subject to a number of conditions, not all of which are within Staples' control. There is no assurance that Staples will successfully complete the proposed offering or apply the proceeds of the offering as presently intended. Actual results may differ materially from those indicated by such forward-looking statements as a result of risks and uncertainties, including but not limited to changes in market conditions and interest rates, as well as the factors discussed or referenced in our most recent quarterly report on Form 10-Q filed with the SEC, under the heading "Risk Factors" and elsewhere, any subsequent periodic or current reports filed by us with the SEC and the preliminary prospectus relating to the offering that we have filed with the SEC. In addition, any forward-looking statements speak only as of the date such statements are made. While Staples may elect to update forward-looking statements at some point in the future, the company specifically disclaim any obligation to do so.