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Office Depot Announces Strategic Alliance with bigboXX.com to Serve International Accounts in Hong Kong

Thursday, June 5, 2008 8:46 am EDT

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, and bigboXX.com, a leading office supplies provider in Hong Kong, wholly owned by Hutchison Whampoa Limited, today announced that they have entered into a strategic alliance to provide office products and services to corporate customers in Hong Kong. Through this alliance, bigboXX.com will become Office Depots dedicated partner in Hong Kong, enabling clients to use the Office Depot international network for their multi-country supply needs.

The Office Depot and bigboXX.com alliance provides an efficient, integrated office products solution for Hong Kong customers with local, regional or global needs. The partnership enhances the ability of Office Depot and bigboXX.com to offer the international service that is required by todays multinational companies.

In China, Office Depot has operations in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin and Wuxi. bigboXX.com is currently one of the largest office services providers in Hong Kong serving over 40,000 corporate customers.

Hong Kong is a key market for many global companies and the new relationship between Office Depot and bigboXX.com will provide a complete procurement solution for both new and existing customers, said Teddy Chung, Managing Director for Office Depot Asia. The alliance with bigboXX.com enables us to better serve our Hong Kong based customers with overseas operations.

"Our leading domestic position in Hong Kong, combined with Office Depot's strong international network, is a winning combination and an ideal partner for international clients in the region, said Ronnie Fung, CEO of bigboXX.com. Be it a big corporation, a medium-sized business or a small office set-up, companies will be able to get anything they need for their office operations through our new relationship with Office Depot.

About bigboXX.com

bigboXX.com is a leading B2B operator supplying a comprehensive range of office products and services. It is one of the largest office supplies providers in Hong Kong, providing corporate customers with over 8,000 products in different categories including stationeries, paper, computer supplies, breakroom supplies and office machineries etc.

bigboXX.com also offers a Print Center for digital and offset printing, a Premium Center that sources gift items for promotions, Records Management Service that offers secure document storage solutions and the Office Relocation Service that handles a full-range of relocation arrangements for offices. bigboXX.com is an e-commerce operation of Hutchison Whampoa Limited.

About Office Depot

Every day, Office Depot is Taking Care of Business for millions of customers around the globe. For the local corner store as well as Fortune 500 companies, Office Depot provides products and services to its customers through 1,670 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.9 billion e-commerce operation. Office Depot has annual sales of approximately $15.5 billion, and employs about 49,000 associates around the world. The Company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 43 countries.

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
Marisa Bluestone, +1-561-699-8715 mobile
Marisa.Bluestone@officedepot.com
or
bigboXX.com Limited
Abe Yuen, +(852) 2121 5533
abeY@bigboXX.com