Office Depot Helps Customers Turn Old Technology into Cash with Electronics Trade-in Promotion
Goal to Collect 400 Tons of Products for Recycling

Office Depot ® (NYSE: ODP), a leading global provider of office products and services, today announced that the Company has launched a new Tech Trade-In promotion aimed to help customers get money back for their old electronics. Plus, in recognition of the upcoming 40th anniversary of Earth Day, Office Depot is aiming to collect 400 tons of products for recycling during the one month promotion window, helping customers grow greener and prevent e-waste from ending up in landfills.

“In the wake of a tough economy, Office Depot is excited to help our customers turn their old technology products into savings,” said Randy Wick, Vice President of Merchandising for Office Depot. “Not only is this a smart way for customers to earn extra cash and do their part to help the environment, but it also provides a great opportunity for small business customers to upgrade their outdated office equipment without breaking the bank.”

As always, customers can continue to recycle their old ink and toner cartridges to receive $3 back in Worklife Rewards.*

During the Trade-In Trade Up Event, Office Depot is offering a four-week in-store promotion featuring these special offers:

March 28 - April 24

  • Save an extra $25 instantly at retail on the purchase of a shredder regularly priced $129.99 and above when you trade in a shredder
  • Save an extra $50 instantly at retail on the purchase of a printer regularly priced $199.99 and above when you trade in a printer

April 11 - April 24

  • Save an extra $30 instantly at retail on the purchase of a camera regularly priced $149.99 and above when you trade in a functioning 5MP camera or higher with its own rechargeable battery
  • Save an extra $75 instantly at retail on the purchase of a notebook computer when you trade in a Microsoft XP notebook computer or newer that is functioning and contains the power cord

Additionally, beginning April 11, 2010, customers can visit www.officedepot.com/tradein to trade in their old electronics and receive an Office Depot gift card. The gift card value is determined using a recycle trade-in value generated by Gazelle. Through www.officedepot.com/tradein, customers can trade in LCD monitors, LCD TVs, digital cameras, desktop and laptop computers, gaming systems, MP3 players, camcorders, Smartphones/PDAs, and more – in turn receiving a gift card to be used at any Office Depot retail store location or www.officedepot.com.

For more information about Office Depot’s Electronics Trade-In and Recycling program, please visit your local Office Depot retail store location or www.officedepot.com/tradein.

Not available in AK, HI or Puerto Rico

About Office Depot

Every day, Office Depot is Taking Care of Business for millions of customers around the globe. From the local corner store to the Fortune 500 company, Office Depot provides products and services to its customers through 1,584 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.1 billion e-commerce operation. Office Depot has annual sales of approximately $12.1 billion, and employs about 41,000 associates around the world. The company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 51 countries.

Office Depot’s common stock is listed on the New York Stock Exchange under the symbol ODP and is included in the S&P 500 Index. Additional press information can be found at: http://mediarelations.officedepot.com.

* Limit 20 ink or toner cartridges a month.

Contacts:

Office Depot
Jason Shockley, 561-438-0037
Jason.Shockley@officedepot.com
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