Staples Raises Quarterly Cash Dividend 9% to $0.12

Staples,
Inc. (NASDAQ: SPLS) announced today that its Board of Directors has
declared a quarterly cash dividend on Staples, Inc. common stock of
$0.12 per share, an increase of nine percent over the previous quarterly
cash dividend of $0.11 per share. On an annualized basis, the quarterly
dividend is equal to $0.48 per share compared to $0.44 per share that
the Company paid in 2012. The dividend is payable on April 18, 2013, to
shareholders of record on March 29, 2013.

About Staples

Staples is the world's largest office products company and second
largest internet retailer. For 26 years, Staples has served the needs of
business customers and

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