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Staples Announces Deregistration of Corporate Express Notes

Wednesday 30. July 2008 - Staples, Inc. (Nasdaq: SPLS) announced today that Corporate Express, which Staples acquired in July 2008, intends to file a Form 15F with the United States Securities and Exchange Commission on July 29, 2008 to terminate its reporting obligations under the United States Securities Exchange Act of 1934, as amended (the "Exchange Act"), with respect to the 8.25 percent senior subordinated notes due July 1, 2014 (the "2014 Notes") and 7.875 percent senior subordinated notes due March 1, 2015 (the "2015 Notes") of Corporate Express U.S. Finance Inc. (formerly known as Buhrmann U.S. Inc.).

Staples, Inc. (Nasdaq: SPLS) announced today that Corporate Express, which Staples acquired in July 2008, intends to file a Form 15F with the United States Securities and Exchange Commission on July 29, 2008 to terminate its reporting obligations under the United States Securities Exchange Act of 1934, as amended (the “Exchange Act”), with respect to the 8.25 percent senior subordinated notes due July 1, 2014 (the “2014 Notes”) and 7.875 percent senior subordinated notes due March 1, 2015 (the “2015 Notes”) of Corporate Express U.S. Finance Inc. (formerly known as Buhrmann U.S. Inc.). Staples Acquisition B.V., a wholly owned subsidiary of Staples, accepted for purchase all of the 2014 Notes and 2015 Notes tendered pursuant to a cash tender offer therefor on July 17, 2008. The definitive deregistration of the 2014 and 2015 Notes under the Exchange Act will become effective on or about October 27, 2008, after the applicable 90-day waiting period.

http://www.staples.com
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