Staples, Inc. Announces Nine Percent Increase In Quarterly Cash Dividend

Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.12 per share, an increase of nine percent over the previous quarterly cash dividend of $0.11 per share. On an annualized basis, the quarterly dividend is equal to $0.48 per share compared to $0.44 per share that the Company paid in 2012. The dividend is payable on April 18, 2013, to shareholders of record on March 29, 2013.

About Staples

Staples is the world’s largest office products company and second largest internet retailer. For 26 years, Staples has served the needs of business customers and its vision is to provide every product businesses need to succeed. Through its world-class retail, online and delivery capabilities, Staples offers office supplies, technology products and services, facilities and breakroom supplies, furniture, copy and print services and a wide range of other product categories. With thousands of associates worldwide dedicated to making it easy for businesses of all sizes, Staples operates throughout North and South America, Europe, Asia, Australia and New Zealand. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com/media.

Copyright Business Wire 2010

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