THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Staples, Inc. (SPLS)

4/27/2006 Proxy Information

We have retained the services of the law firm DLA Piper Rudnick Gray Cary US LLP, of which Senator Mitchell is a partner. The Nominating and Corporate Governance Committee of our Board of Directors reviewed and approved this relationship. See also “Director Compensation” regarding Senator Mitchell’s consulting agreement with us.

We have a policy that prohibits personal loans to executive officers and directors and requires transactions and loans, if any, between us and our affiliates to be on terms no less favorable to us than could be obtained from unrelated third parties.

5/6/2005 Proxy Information

We have retained the services of the law firm DLA Piper Rudnick Gray Cary US LLP, of which Senator Mitchell is a partner. The Nominating and Corporate Governance Committee of the Board of Directors reviewed and approved this relationship. See "Director Compensation" regarding Senator Mitchell's consulting agreement with us.

We have a policy that prohibits personal loans to executive officers and Directors and requires transactions and loans, if any, between us and our affiliates to be on terms no less favorable to us than could be obtained from unrelated third parties.

5/5/2004 Proxy Information

We have retained the services of the law firm Piper Rudnick, of which Senator Mitchell is a partner.

5/5/2003 Proxy Information

We have a policy that prohibits personal loans to executive officers and Directors and requires transactions and loans, if any, between us and our affiliates to be on terms no less favorable to us than could be obtained from unrelated third parties.

We guaranteed loans from Boston Safe Deposit and Trust Company made to certain officers in 1999. The proceeds of these loans were used to acquire shares of Staples.com stock pursuant to stock options, which shares were reclassified as Staples common stock effective August 27, 2001. Each officer pledged his or her shares as security for the loan. All loans accrued interest at a floating annual rate equal to the rate quoted as “Call Money” from time to time in the “Money Rates” Section of The Wall Street Journal. Originally, thirteen officers borrowed an aggregate of $7.8 million, with three of the officers arranging to defer payment of interest thereon for two years. All of the officers, other than Mr. Vassalluzzo, repaid their loans in full by the end of fiscal year 2001. During 2002, Mr. Vassalluzzo, a Vice Chairman of the Company, fully repaid his loan, which had $582,792 as its largest aggregate outstanding balance during fiscal year 2002.

We have retained the services of the law firm Piper Rudnick, of which Senator George Mitchell is a partner.