OFFICE DEPOT HONORS SMEAD MANUFACTURING

Smead Receives Award for Supply Chain Excellence

OFFICE DEPOT HONORS SMEAD MANUFACTURING

HASTINGS, Minn. (Nov. 29, 2007) — Smead® Manufacturing Company, a leading provider of filing and organizational products, announced today that it has been recognized by Office Depot as “Supply Chain Vendor of the Year” for 2007.

The annual award is given to the top performing vendor with the highest overall fill rate (percentage of accurate, on-time orders) in a given year. In presenting the award to Smead, it was noted that Smead achieved an overall fill rate of more than 99% over the past year, making Smead the number one supplier of office products for Office Depot.

According to David Fasbender, SVP of Sales and Marketing, “Providing accurate, on-time deliveries has been a hallmark of Smead for over a century. We are pleased to receive this recognition from one of our most important customers.”

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About Smead: (www.smead.com)
Smead is a worldwide leader in office filing products and records management systems. For more than 100 years, Smead has brought a spirit of innovation and integrity to keeping businesses and home offices organized. Headquartered in Hastings, Minnesota, Smead is a privately held, woman-owned business offering thousands of organizational products with more than 2,600 employees in 14 manufacturing plants located across North America and Europe.