Staples, Inc. (Nasdaq: SPLS) announced today the expiration of its previously announced tender offer for up to $750,000,000 of its outstanding $1,500,000,000 in aggregate principal amount of 9.750% Senior Notes due 2014 (the “Notes”). The terms and conditions of the tender offer were set forth in Staples’ Offer to Purchase dated January 7, 2013 (the “Offer to Purchase”), and the related Letter of Transmittal. The tender offer expired at 11:59 p.m., New York City time, on February 4, 2013 (such date and time, the “Expiration Date”). As previously announced, as of 5:00 p.m., New York City time, on January 18, 2013 (the “Early Tender Date”), approximately $633 million in aggregate principal amount of the outstanding Notes had been validly tendered and not withdrawn. Payment for these Notes was made on January 22, 2013. Subsequent to the Early Tender Date, an additional $295,000 in aggregate principal amount of the Notes were tendered in the tender offer prior to the Expiration Date, and were accepted for purchase by Staples on February 5, 2013. Barclays Capital Inc. and BofA Merrill Lynch acted as the dealer managers for the Tender Offer. The information agent and tender agent for the Tender Offer was D.F. King & Co., Inc. The Tender Offer was made only by the Offer to Purchase and the related Letter of Transmittal, and the information in this news release is qualified by reference to such documents. This release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The Tender Offer was not made to holders in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the Tender Offer was required to be made by a licensed broker or dealer, it was deemed to be made by the dealer managers or any other licensed broker or dealer on behalf of Staples.