Office Depot Chairman and CEO Bruce Nelson to Speak at Goldman Sachs Conference; Remarks to be Broadcast Over the Internet.

DELRAY BEACH, Fla. -- Office Depot, Inc. (NYSE:ODP) announced today that its Chairman and CEO Bruce Nelson will speak at the Goldman Sachs Eleventh Annual Global Retailing Conference on September 9, 2004, at 2:00 pm (ET). Nelson's remarks will be broadcast live over the Internet and can be accessed from the Office Depot Web site at http://investor.officedepot.com. A replay of the Webcast will be available until midnight on September 23, 2004.

To listen to the Webcast, participants will need a computer with speakers and Windows Media Player. The software links are free and available at the above Office Depot Web address.

About Office Depot

With annual sales of more than $12 billion, no one sells more office supplies to more customers in more countries than Office Depot. Founded in 1986 and headquartered in Delray Beach, Fla., the company conducts business in 23 countries and employs nearly 50,000 people worldwide.

Office Depot is a leader in every distribution channel - from retail stores and contract delivery to catalogs and e-commerce. The company is the world's number three online retailer - on track to generate more than $3B in sales for FY'04. In North America, Office Depot has 901 retail stores in addition to a national business-to-business delivery network supported by 22 delivery centers, more than 60 local sales offices and 13 regional call centers.

The company's common stock is traded 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.