Office Depot

Office Depot is Taking Care of Business for millions of customers around the globe. For the local corner store as well as multi-national companies, Office Depot provides products and services to its customers through 1,705 worldwide retail stores, a dedicated sales force, top-rated catalogues and a $4.9 billion e-commerce operation. Office Depot has annual sales of approximately $15.1 billion, and employs about 49,000 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 48 countries. Our business is organized in three business units: North American Retail Division, North American Business Solutions Division and International Division. 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.

The International Division sells office products and services through direct mail catalogues, contract sales forces, internet sites and retail stores, using a mix of company owned operations, joint ventures, licensing and franchise agreements, alliances and other arrangements.

The international direct channel was launched in 1990 with the start-up of operations in the United Kingdom. We now have catalogue offerings in 14 countries outside of North America. In March 1999, we introduced our first international public internet site for consumers and businesses in the UK. Today, we operate over 35 separate web sites in the International Division.