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Christine Komola Appointed Staples Senior Vice President, Controller

Wednesday, June 23, 2004 7:00 am EDT

Dateline:

FRAMINGHAM, Mass.

Public Company Information:

NASDAQ:
SPLS
"As Senior Vice President, Controller, Christine will apply her extensive experience in financial operations to lead the corporate finance team"

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the appointment of Christine Komola to Senior Vice President, Controller.

"As Senior Vice President, Controller, Christine will apply her extensive experience in financial operations to lead the corporate finance team," said John Mahoney, Staples executive vice president and chief administrative officer. "As Staples continues to grow profitable sales and improve margins, she will also play a significant role in enhancing control and reporting operations in business units throughout the world."

Komola, who previously served as senior vice president, general merchandise manager, Furniture & Portfolio Strategy, will report to John Mahoney. Komola joined Staples in 1997 as director, General Accounting and was promoted to vice president, Planning and Control a year later. In 1999, she served as the senior financial executive for Staples Business Delivery. Most recently, she played a key role as an account manager and portfolio manager on the company's key supply chain project. Komola replaces Jeff Nachbor who is leaving Staples to pursue other opportunities.

Prior to joining Staples, Komola held several positions of increasing responsibility with Ernst & Young LLP. Christine holds a BS degree in Accounting from Miami University and has been a certified public accountant since 1992. In addition, she is a member of the American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public Accountants.

About Staples

Staples, Inc. invented the office superstore concept in 1986 and today is the world's largest office products retailer. With 60,000 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 2003 sales of $13 billion, Staples serves consumers and businesses ranging from home-based businesses to Fortune 500 companies in the US, Belgium, Canada, France, Germany, Italy, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom. Headquartered outside of Boston, Staples operates approximately 1,600 office superstores and also serves its customers through mail order catalog, e-commerce and contract businesses. More information is available at www.staples.com.

Contact:

Staples, Inc.
Owen Davis, 508-253-8468
owen.davis@staples.com

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