Office Depot Launches Company’s Leading Customer Loyalty Programs in Puerto Rico

Office Depot (NYSE: ODP), a leading global provider of office products and services, today announced the availability of Office Depot’s leading customer loyalty programs in Puerto Rico. As of January 1, 2010, Puerto Rico residents are now able to join the Office Depot Worklife Rewards® program and enjoy a multitude of benefits, including 10% back in Rewards on ink, toner and paper purchases and Copy and Print Depot services; as well as 1% back in Rewards on almost everything else*. Star Teacher program members receive 10% back in Rewards on ink, toner and paper; a 15% instant discount on Copy & Print Depot services; 1% back in Rewards on almost everything else*; and exclusive teacher appreciation events throughout the year.

"Since our entry into the Puerto Rico market in 2007, we have been looking to provide Puerto Rico residents with the most value, convenience, assortment and services available at an office supply store," said Chuck Rubin, President of North American Retail for Office Depot. "With the introduction of our Worklife Rewards and Star Teacher programs, Office Depot is now bringing our Puerto Rico customers new and useful benefits that can help make a difference in their budgets."

About Office Depot’s Worklife Rewards Program

The new Office Depot Worklife Rewards program provides loyal customers with a host of benefits including:

• No limit to the amount of rewards members can earn – which means infinite earning potential. Rewards are paid quarterly in the form of an Office Depot Reward Card when you earn a minimum of $10.
• If Worklife Rewards 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™ program at www.myworkliferewards.com or espanol.myworkliferewards.com. Office Depot has partnered with prestigious brands including Avis, 1-800-FLOWERS®, Enterprise, and Budget, among others, so that members can save money on the products and services they use every day.
• Online Account Management enables Worklife Rewards and Star Teacher 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 and www.mystarteacher.com.

To sign up for Office Depot’s Worklife Rewards® program, stop by your local Office Depot retail store location or visit espanol.myworkliferewards.com and espanol.mystarteacher.com to learn about the programs.

*1% rewards are granted on qualifying purchases and certain exclusions apply. Note, free item with purchase reduces amount of qualifying purchase by value of free item. Limit 1 account per household/business. Visit espanol.myworkliferewards.com and espanol.mystarteacher.com for full details.

About Office Depot’s Star Teacher Program

To recognize teachers* for the difference they make in so many lives every day, Office Depot offers the Star Teacher Program throughout the United States and Canada, and now in Puerto Rico. The program includes everyday discounts on purchases and a variety of special events and promotions during the year. Office Depot’s popular Teacher Appreciation Breakfasts, which take place in the weeks prior to the opening of school, provide a welcoming atmosphere in the Company’s retail stores where teachers have an opportunity to network with their colleagues and take advantage of special discounts. More information is available at espanol.mystarteacher.com.

*Must be a legal resident of the US or Canada, and 18 or older, and a teacher grade Pre- K-12 to participate.

About Office Depot’s Ink & Toner Cartridge Recycling Program

Office Depot customers in Puerto Rico will now receive $3 back in Rewards for any ink & toner cartridge they recycle, up to 5 cartridges per day. Recycling Rewards will be issued to loyalty program members as part of the Worklife Rewards and Star Teacher mailers when at least $10 in recycling rewards is earned and will not exceed the amount of your total qualifying annual Office Depot purchases. (Qualifying purchases exclude taxes; shipping; postage stamps; and prepaid gift, merchandise, debit phone or service cards.)

Office Depot’s longstanding commitment to the environment is guided by the Company’s environmental vision to increasingly buy green, be green and sell green. Since 2003, Office Depot has developed and implemented a number of environmentally sustainable programs, which makes the company a leader in the office products industry. A complete overview of Office Depot’s environmental programs is available at www.officedepot.com/environment.

To view Office Depot’s Environmental Sustainability Media Relations Site, please visit http://mediarelations.officedepot.cc/environment.

About Office Depot in Puerto Rico

Office Depot first entered the Puerto Rico market in 2007. The Company has opened six retail store locations on the island in addition to launching its Business Solutions Division for small and medium sized businesses. Most recently, the Company celebrated the opening of its new store in Ponce as well as its presence across the island with a Ribbon Cutting Ceremony and Grand Opening Celebrations. Office Depot currently has locations in:

• Ponce -- 2188 Eduardo Ruberte Avenue
• Guaynabo -- 104 Avenida San Patricio
• Guaynabo -- Los Jardines Shopping Center
• Carolina -- 65 Infanteria Avenue
• Bayamon -- Plaza Tropical, State Road 167
• Caguas -- Las Catalinas Mall, 700 Calle Betances, Ste. 30

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 1,585 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.2 billion e-commerce operation. Office Depot has annual sales of approximately $14.5 billion, and employs about 42,000 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 49 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.