STULL, STULL & BRODY ANNOUNCES CLASS ACTION
ON BEHALF OF SHAREHOLDERS OF OFFICE DEPOT, INC.

NEW YORK, November 7, 2007 — Attorney Advertising. Notice is hereby given that a class action has been commenced in the United States District Court for the Southern District of Florida on behalf of purchasers of Office Depot, Inc. (“Office Depot” or the “Company”) (NYSE: ODP) securities between April 26, 2006 and October 26, 2007, inclusive (the “Class Period”).

Stull, Stull & Brody has substantial experience representing employees who suffered losses from purchases of their employer’s stock in their 401(k) plans. If you bought Office Depot stock through your Office Depot retirement account and have information or would like to learn more about these claims, please contact us.

On October 29, 2007, Office Depot announced that it had delayed the release of its third quarter 2007 earnings due to an independent review by the Audit Committee of the Company’s vendor program funds, concerning the timing of revenue recognition and the accounting treatment applied to certain vendor payments. As a result of the announcement, Office Depot’s stock price plunged 14 percent in the largest stock price decline for the Company since May of 2000. Indeed, the full extent and magnitude of investors’ losses is still unknown, since the details of Office Depot’s accounting improprieties have yet to be revealed. In the wake of the announcement, analysts have raised serious questions concerning the integrity of the Company’s financial statements and the valuation of its stock.

Plaintiff seeks to recover damages on behalf of all those who purchased or otherwise acquired Office Depot securities during the Class Period, which is between April 26, 2006 and October 26, 2007. If you purchased or otherwise acquired Office Depot securities during the Class Period, and either lost money on the transactions or still hold the securities, you may wish to join the action as a lead plaintiff. If you purchased Office Depot securities during the Class Period, you may request that the Court appoint you as lead plaintiff no later than January 4, 2008.

A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed as lead plaintiff, the Court must determine that the proposed lead plaintiff’s claims are typical of the claims of the other class members, and that the proposed lead plaintiff will adequately represent the class. Under certain circumstances, one or more class members may together serve as “lead plaintiff.” Your ability to share in any recovery is not, however, affected by the decision whether to serve as a lead plaintiff. You may retain Stull, Stull & Brody, or other counsel of your choice, to serve as your counsel in this action. Stull, Stull & Brody has litigated many class actions for violations of securities laws in federal courts over the past 30 years and has obtained court approval of substantial settlements on numerous occasions. Stull, Stull & Brody maintains offices in New York and Los Angeles.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Tzivia Brody, Esq. at Stull, Stull & Brody by e-mail at SSBNY@aol.com, by calling toll-free 1-800-337-4983, or by fax at 212/490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017. You can also visit our website at www.ssbny.com.

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