Office Depot (ODP) Announces Plans to Purchase up to $250 Million in Outstanding 6.25% Senior Notes due 2013

Office Depot (NYSE: ODP), a leading global provider of office supplies and services that helps customers save time, announced today that it has commenced a cash tender offer to purchase up to $250.0 million aggregate principal amount (referred to below as the “tender cap”) of its outstanding 6.25% Senior Notes due 2013 (referred to below as the “notes”). The tender offer is being made pursuant to an “Offer to Purchase” dated today, which sets forth a more comprehensive description of the terms of the offer. The table below sets forth information with respect to the notes and the tender offer.

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