Office Depot Donates Telephone System Valued at $52,000 to FAU

Office Depot (NYSE:ODP), a leading global provider of office products and services, announced the Company has donated an enterprise-level Siemens HiCom phone and voicemail system to Florida Atlantic University. The donation includes two phone systems that support 5,000 phone lines and 4,000 mailboxes, and more than 100 higher-end executive telephones. The system is valued at approximately $52,000. FAU, which currently uses the Siemens phone system at all of its seven South Florida campuses, intends to use the donated system to back-up and supplement the university’s existing infrastructure. "The real benefit of our donation to FAU is that the phones are a perfect match to the university’s current system,” said Mike Manis, Vice President of Global Technology Shared Services for Office Depot. "Essentially, this helps expand and extend the life of FAU’s current system in order to support the university’s rapid growth.” The donation is another example of Office Depot’s commitment to education. Earlier this year as part of the Office Depot Education and Diversity Partnership Program, the Company contributed $4.5M to higher education, including $2M to FAU for construction of a new Center for Executive Education in the College of Business. "We are thrilled as a state university that Office Depot has once again provided us with such a generous donation,” said Elise Angiolillo, Communication Services Infrastructure Director for FAU. "Office Depot’s donation allows us to spend our budget on other important communication needs, rather than having to purchase additions to our existing voice system.” 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 nearly $15 billion, and employs approximately 50,000 associates around the world. Currently, the Company sells to customers directly or through affiliates in 42 countries. Office Depot is a leader in every distribution channel -- from retail stores and contract delivery to catalogs and e-commerce. As of September 30, 2006, Office Depot had 1,121 retail stores in North America and another 323 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 $4.2 billion in online sales during the last twelve months, the Company is also one of the world’s largest e-commerce retailers. 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.