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AND OFFICE DEPOT, INC. (NYSE:ODP) TODAY

ths
announced they have agreed with the Federal Trade Commission to
extend the Hart-Scott-Rodino waiting period from March 5 to March 13,
1997. 
Staples, Inc. and Office Depot, Inc., pioneers of the office
products superstore industry in 1986, signed a definitive agreement
last September to merge into a single company pending regulatory and
shareholder approval. 
Staples, Inc.  currently operates 574 office products superstores
in over 100 markets across the US and in Canada under the names
"Staples", "Staples Express", "Business Depot" and "Bureau En Gros".
The company operates a delivery business, "Staples Direct" and also
has contract stationer operations under the names "Staples Business
Advantage" and "Staples National Advantage" which serve the needs of
large regional and national corporations, respectively.  Staples
recently announced it had signed a definitive agreement to acquire
from Kingfisher PLC in London its interests in the company's two
European joint ventures -- Staples UK and Maxi-Papier Germany. 
Office Depot currently operates 572 stores in North America.  In
the US, this includes 526 office products superstores, one "Office
Depot Express", four "Images" locations and five "Furniture At Work"
stores.  In Canada, Office Depot operates 36 superstores under the
names "Office Depot" and "Office Place".  Office Depot also operates
a national business-to-business delivery network that includes 23
customer service centers and three national Telecenters, in addition
to joint ventures or licensed operations in Mexico, Israel, Poland,
Thailand, France, Colombia and Japan.