Staples Sets Cash Tender Offer Price for Corporate Express U.S. Finance Inc.'s Senior Subordinated Notes Due 2014 and 2015

Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary, Staples Acquisition B.V., today announced prices for the previously announced cash tender offer for all of the outstanding 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” and together, the "Notes”) of Corporate Express U.S. Finance Inc. (formerly known as Buhrmann U.S. Inc.), as described in the Offer to Purchase and Consent Solicitation Statement dated May 22, 2008 (the "Offer to Purchase”). Based on an assumed payment date of June 30, 2008, holders who validly tendered their Notes with related consents at or prior to 5:00 p.m. EDT on June 5, 2008 (the "Consent Date”) are eligible to receive $1,094.35 for each $1,000 principal amount of 2014 Notes and $1,117.99 for each $1,000 principal amount of 2015 Notes (the "Total Consideration”). The Total Consideration for each series of Notes includes a consent payment equal to $30 in cash per $1,000 principal amount of the Notes. The consent payment is payable only to holders of Notes validly tendered with consents and not validly withdrawn at or prior to the Consent Date. Holders who tender their Notes after the Consent Date will not be eligible to receive the consent payment. Holders who validly tender their Notes after the Consent Date but at or prior to 11:59 p.m. EDT on June 27, 2008 (the "Expiration Date”), unless extended or terminated earlier, are eligible to receive $1,064.35 for each $1,000 principal amount of the 2014 Notes and $1,087.99 for each $1,000 principal amount of the 2015 Notes (the "Tender Offer Consideration”). In addition to the Total Consideration or the Tender Offer Consideration payable in respect of Notes purchased in the Tender Offer, Staples Acquisition B.V. will pay accrued and unpaid interest from the last applicable interest payment date up to, but not including, the Payment Date (as described in the Offer to Purchase). The Total Consideration and the Tender Offer Consideration were determined as of 2:00 p.m. EDT on June 5, 2008, based on the Reference Yield (as described in the Offer to Purchase) of 2.233% for the 2014 Notes and 2.399% for the 2015 Notes, and an Applicable Spread (as described in the Offer to Purchase) of 50 basis points for the Notes, using an assumed June 30, 2008 payment date for calculation purposes. If the Expiration Date is extended for more than 10 business days following the scheduled Expiration Date, a new price determination date will be established (to be 2:00 p.m. EDT on the tenth business day immediately preceding the new Expiration Date) and the Total Consideration and the Tender Offer Consideration for each Note tendered pursuant to the Offer at or prior to the new Expiration Date will be redetermined as of such new price determination date. Information regarding the pricing, tender and delivery procedures and conditions to the tender offer and consent solicitation relating to the Notes is contained in the Offer to Purchase. In addition, Staples Acquisition B.V. has received consents from holders of approximately 98.67% of the aggregate principal amount of the outstanding 2014 Notes and approximately 99.33% of the aggregate principal amount of the outstanding 2015 Notes to the proposed amendments to the indentures governing the 2014 Notes and the 2015 Notes. Accordingly, Staples Acquisition B.V. has received the requisite consents to adopt the proposed amendments to each of the indentures pursuant to the consent solicitation. The proposed amendments are described in more detail in the Offer to Purchase. Pursuant to the terms of the Offer to Purchase, tenders of the Notes and consents to the proposed amendments that have been delivered became irrevocable as of the Consent Date. Tenders of Notes and consents delivered after the Consent Date will also be irrevocable. The tender offer is being conducted in connection with Staples Acquisition B.V.’s previously announced equity tender offer to purchase all of the outstanding ordinary shares and American depositary shares of Corporate Express N.V., the parent of Corporate Express U.S. Finance Inc. The previously announced tender offer also includes an all cash offer for Corporate Express N.V. preference shares A and subordinated convertible bonds due 2010. The obligation of Staples Acquisition B.V. to accept for purchase and pay for Notes validly tendered and not withdrawn according to the terms of the Offer to Purchase is subject to the satisfaction of certain conditions that are described in the Offer to Purchase, including satisfaction of the conditions to the equity tender offer. Lehman Brothers Inc. is acting as dealer manager for the tender offer and as solicitation agent for the consent solicitation. Questions about the tender offer or the consent solicitation may be directed to Lehman Brothers Inc. at 1-800-438-3242 (toll free) or 1-212-528-7581 (collect). Requests for copies of the related documents may be directed to Georgeson, which has been appointed as the information agent for the tender offer and consent solicitation, at 1-866-201-4446 (toll free). About Staples Staples, Inc. invented the office superstore concept in 1986 and today is the world's largest office products company. With 76,000 talented associates, the company is committed to making it easy to buy a wide range of office products, including supplies, technology, furniture, and business services. With 2007 sales of USD 19.4 billion, Staples serves consumers and businesses ranging from home-based businesses to Fortune 500 companies in 22 countries throughout North and South America, Europe and Asia. Headquartered outside of Boston, Staples operates more than 2,000 office superstores and also serves its customers through mail order catalog, e-commerce and contract businesses. More information is available at www.staples.com. Certain information contained in this news release may constitute forward-looking statements for the purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to the statements as to Staples' intentions with respect to the offer to acquire Corporate Express. Actual future events may differ materially from those indicated by such forward-looking statements as a result of risks and uncertainties, including but not limited to the fact that the offer made by Staples or any other acquisition of Corporate Express will be consummated and those other factors discussed or referenced in our most recent annual reports on Form 10-K filed with the SEC, under the heading "Risk Factors" and elsewhere, and any subsequent periodic reports filed by us with the SEC. In addition, any forward-looking statements represent our estimates only as of today and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change. Important Legal Information This press release is provided for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any securities of Corporate Express U.S. Finance Inc. Any offers to purchase or solicitation of offers to sell Corporate Express U.S. Finance Inc. notes will be made only pursuant to the Offer to Purchase. Corporate Express U.S. Finance Inc. noteholders are advised to read the Offer to Purchase, the related Consent and Letter of Transmittal and any other documents relating to the tender offer and consent solicitation in their entirety because they contain important information. Corporate Express U.S. Finance Inc. noteholders may obtain copies of these documents for free by calling Georgeson, the information agent for the offer, at 1-866-201-4446 (toll free).