Office Depot Foundation to Celebrate Commitment to Caring by Ringing NYSE Closing Bell® December 19

  Office Depot Foundation to Celebrate Commitment to Caring by Ringing NYSE
  Closing Bell® December 19

 Foundation Marks Visit by Donating Teddy B. Caring Bears and School Supplies
            to Children at Two Schools Damaged by Hurricane Sandy

Business Wire

BOCA RATON, Fla. -- December 19, 2012

The Office Depot Foundation - the independent, non-profit foundation that
serves as the primary charitable giving arm of Office Depot (NYSE: ODP) - will
celebrate its commitment to caring and making a difference by ringing The
Closing Bell^® at the New York Stock Exchange on Wednesday, December 19.

To commemorate the visit, the Foundation will donate a number of its special
Teddy B. Caring holiday bears along with sackpacks containing essential school
supplies for children at P.S. 279 Herman Schreiber School in Brooklyn and Leo
F. Giblyn School in Freeport on Long Island, both of which were damaged by
Hurricane Sandy. Children, teachers and parents from both schools will
participate in the bell-ringing with Office Depot Foundation President Mary
Wong and other guests.

“We are honored to have this opportunity to highlight our commitment to
serving children, families and communities around the world,” Wong said. “We
are especially pleased to donate teddy bears and school supplies to the
children of P.S. 279 and Giblyn School to brighten their holidays as they
continue to recover from Hurricane Sandy.”

The Office Depot Foundation is known for several strategic initiatives that
support its commitment to caring, including:

  *The National Backpack Program - Helping kids succeed in school by donating
    more than 2.9 million backpacks and sackpacks to deserving children since
    2001.
  *Dream UP Career Exploration Program - Enabling middle school students to
    learn about future career opportunities and write essays about their
    “Dream Job.”
  *1-888-MY BIZ HELP - Helping non-profits and small businesses recover and
    rebuild after natural disasters via a 24-hour toll-free hotline, the
    National Disaster Help Desk for Business, in collaboration with the U.S.
    Chamber of Commerce Business Civic Leadership Center.
  *Weekend in Boca Civil Society Leadership Symposium - A free conference for
    non-profit organizations that focuses on capacity building, innovation and
    collaboration.

These programs are supported in part by sales of Teddy B. Caring, which is
sold exclusively at Office Depot retail stores in the United States. The bear,
which was created in 2001, was named “Teddy B. Caring” through a companywide
contest. Created by GUND^® exclusively for the Foundation, the 2012 edition
stands 14” tall and sells for $14.99. The Foundation will receive a full 45
percent of the cost of each bear sold.

To learn more, visit www.officedepotfoundation.org, find the Foundation on
Facebook at www.facebook.com/officedepotfoundation and follow it on Twitter
@OfficeDepotFndn.

About the Office Depot Foundation

The Office Depot Foundation is an independent foundation (tax exempt under IRC
Sec. 501(c)(3)) that serves as the independent charitable giving arm of Office
Depot, Inc. In keeping with its mission, Listen Learn Care^®, the Foundation
supports a variety of programs that help children succeed in school and in
life; enable non-profit organizations to become more efficient and effective;
and assist people and businesses with disaster relief and recovery.

About Office Depot

Office Depot provides office supplies and services through 1,675 worldwide
retail stores, a dedicated sales force, top-rated catalogs, and global
e-commerce operations. Office Depot has annual sales of approximately $11.5
billion, employs about 39,000 associates, and serves customers in 60 countries
around the world.

Office Depot’s common stock is listed on the New York Stock Exchange under the
symbol ODP. Additional press information can be found at:
http://mediarelations.officedepot.com and http://socialpress.officedepot.com/.

Contact:

Office Depot Foundation
Leon Rubin, 561-251-8075
LRubin@jkggroup.com
 
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