Staples, Inc. (Nasdaq: SPLS) announced today a proposed public offering of Senior Notes. The public offering will be made pursuant to an effective shelf registration statement on file with the U.S. Securities and Exchange Commission. The proceeds from the proposed public offering will be used to fund the purchase, pursuant to its separately announced tender offer, of up to $750 million in aggregate principal amount of the company’s outstanding 9.750% Senior Notes due 2014, if consummated, as well as for general corporate purposes. Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and HSBC Securities (USA) Inc. are acting as joint book-running managers for the offering. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, Staples’ Senior Notes or any other securities, nor shall there be any sale of securities mentioned in this press release in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering of Senior Notes may be made only by means of a prospectus and prospectus supplement. A copy of the prospectus and prospectus supplement relating to the Senior Notes can be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, via telephone at 1-888-603-5847 or by emailing Barclaysprospectus@broadridge.com; Deutsche Bank Securities Inc., attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, via telephone at 1-800-503-4611 or by emailing firstname.lastname@example.org; or J.P. Morgan Securities LLC, 383 Madison Avenue, New York, NY 10179, attention: Investment Grade Syndicate Desk, or via telephone at 1-212-834-4533. About Staples Staples is the world’s largest office products company and second largest internet retailer. The company provides products, services and expertise in office supplies, copy & print, technology, facilities and breakroom, and furniture. Staples invented the office superstore concept in 1986 and now has annual sales of $25 billion, ranking second in the world in eCommerce sales. With 88,000 associates worldwide, Staples operates in 26 countries throughout North and South America, Europe, Asia and Australia, making it easy for businesses of all sizes and consumers. The company is headquartered outside Boston.