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Office Depot Debuts New Lineup of Writing Instruments in Europe

Foray

Thursday, January 24, 2008 8:29 am EST

Dateline:

DELRAY BEACH, Fla.

Public Company Information:

NYSE:
ODP
US6762201068

DELRAY BEACH, Fla.--(BUSINESS WIRE)--Office Depot (NYSE:ODP), a leading global provider of office products and services, today announced the debut of Foray® writing instruments, now available for the first time in Europe. Customers in countries throughout Europe where Office Depot and Viking are present can now purchase the exclusive line of Foray writing instruments.

Customers who have already tried Foray products have been impressed by their quality, performance and style and we expect the launch will be a great success across Europe, said Dirk Collin, Executive Vice President and Managing Director Europe for Office Depot.

To determine the products which best meet European customer needs, an assortment review was conducted and 51 skus of Foray writing instruments were selected. The new assortment includes pens, mechanical pencils and highlighters as well as permanent and white board markers. Products are available in a variety of colors, styles and pack sizes.

The Foray products were developed for customers who prefer a higher quality product and have definite preferences when it comes to choosing their ideal writing instrument - whether they enjoy the comfort of writing with a padded, soft-touch grip, or desire to write with precision using an ultra fine-point ballpoint pen, said Detlef Hentzel, Office Depots European Category Director for General Office Supplies & Filing. Office Depot offers a large variety of options for our small- and large- business customers and we are confident that they will find their ideal writing instrument among the expanded assortment.

The premium Foray writing instruments are available for contract customers and direct customers, and can also be purchased at retail locations where available.

Office Depot launched the Foray product line in the U.S. in 2004. The line has recently been updated and redesigned for its European debut with vibrant colors and new appealing packaging.

The launch is the first in a series of product additions designed to bring a wider assortment of Office Depots exclusive products to European customers.

About Office Depot

Office Depot provides more office products and services to more customers in more countries than any other company.

Incorporated in 1986 and headquartered in Delray Beach, Fla., Office Depot has annual sales of approximately $15.5 billion, and employs approximately 52,000 associates around the world. Currently, the Company sells to customers directly or through affiliates in 43 countries.

Office Depot is a leader in every distribution channel -- from retail stores and contract delivery to catalogs and e-commerce. As of September 29, 2007, Office Depot had 1,212 retail stores in North America and another 384 stores, either company-owned, licensed or franchised, in other parts of the world. Office Depot serves a wide range of customers through a dedicated sales force, telephone account managers, direct mail offerings, and multiple web sites. With $4.8 billion in online sales during the last twelve months, the Company is also one of the worlds largest e-commerce retailers.

Office Depots common stock is listed on the New York Stock Exchange under the symbol ODP and is included in the S&P 500 Index. Additional press information can be found at: http://mediarelations.officedepot.com.

Contact:

Office Depot, Delray Beach
Marisa Bluestone, 561-438-7895
Marisa.Bluestone@officedepot.com