Office Depot Announces New Promotion Offering 25 Percent Back on the Brands You Use Everyday

Business Wire, April 1, 2008

Worklife Rewards[TM] Promotion Helps Customers Take Care of Business - And Their Budget

DELRAY BEACH, Fla. -- Office Depot[R] (NYSE:ODP), a leading global provider of office products and services, today announced a special promotion for members of its industry-leading Worklife Rewards[TM] loyalty program. Beginning now and running through April 30, members will receive 25% back in rewards on the brands and products they use everyday, including Post-It Notes, Scotch Tape, Sharpie Pens, Expo Markers, Uniball Pens, Swingline Staplers, Mead Binders and Portfolios, Command Adhesives and Avery Labels. This new promotion is in addition to the everyday Worklife Rewards[TM] member benefit of 10% back on ink, toner and paper purchases, as well as Design, Print, & Ship Depot services, plus an additional 1% back on nearly everything else(a).

Beyond receiving money back, Worklife Rewards[TM] members also can take part in a wide variety of exclusive discounts and special promotions from leading retail, travel and service companies through the My Worklife Partners[TM] affinity program at www.myworkliferewards.com. In fact, Office Depot has added a number of new companies to its affinity program including Barnes & Noble.com, Sprint[R], ADT[R] and OnCall. Other program partners include Orbitz[R], Avis[R], Budget, Enterprise Rent-A-Car[R], Ameriprise Financial and 1-800-FLOWERS.COM[R].

To earn rewards, Worklife Rewards[TM] members simply present their member number or Worklife Rewards[TM] card at checkout at any Office Depot retail location or enter their number when shopping online at www.officedepot.com.

"We know how demanding it is to run a small business in today's challenging economic times and that's why we continue to enhance our Worklife Rewards program and find ways to help our small business customers stretch their budgets," said Chuck Rubin, President of North American Retail for Office Depot. "We are rewarding our most valuable and loyal customers by giving them money back on the products and supplies they use the most."

The Office Depot Worklife Rewards[TM] program features the following benefits:

* No limit to the amount of rewards members can earn - which means infinite earning potential. Rewards are paid in the form of an Office Depot Reward Card when you earn a minimum of $10.

* Reward balances that carry over to the next quarter. If Worklife Rewards[TM] members do not earn the required $10 in rewards during a calendar quarter, reward balances will carry over quarter to quarter during the calendar year.

* Savings on travel, retail and service purchases through the new My Worklife Partners[TM] program at www.myworkliferewards.com. Office Depot has partnered with prestigious brands including ADT, Barnes & Noble.com (www.bn.com), Sprint, Orbitz, Avis, Budget, Enterprise Rent-A-Car, Ameriprise Financial, OnCall and 1-800-FLOWERS.COM[R], so that members can save money on many of the products and services they use every day.

* Bonus opportunities are showcased at the "My Special Offers" link on www.myworkliferewards.com where Worklife Rewards[TM] members can take advantage of special discounts and offers as well as unique ways to earn additional rewards.

* Online Account Management enables Worklife Rewards members to personally manage their account online, check reward status, add a purchase if the card was not presented at checkout, and update member information at www.myworkliferewards.com.

To become a Worklife Rewards[TM] member, go to www.myworkliferewards.com and sign up or visit any Office Depot retail location.

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 more than 1,600 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 Depot's 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.

(a) 10% Rewards exclude postage stamps and HP ink and toner, 1% rewards are granted on qualifying purchases and certain exclusions apply. Visit www.myworkliferewards.com for full details.