SMEAD ANNOUNCES EXPANDED PARTNERSHIP WITH OFFICE DEPOT

Smead to Offer Nearly 200 Filing Products in Nationwide Office Depot Retail Store Locations

SMEAD ANNOUNCES EXPANDED PARTNERSHIP WITH OFFICE DEPOT

HASTINGS, Minn. (May 26, 2009) — Smead, a leading provider of filing and organizational products, today announced a new partnership with Office Depot (NYSE: ODP), a leading global provider of office products and services, to offer an expanded assortment of nearly 200 filing products to Office Depot customers in more than 1,100 retail stores throughout the U.S.

The expanded product offering includes Smead’s newest innovations like TUFF™ Hanging Folders, SuperTab? File Folders, FasTab? Hanging Folders and Easy Grip Pockets. Shoppers will also find a wide assortment of top tab and end tab file folders, fastener folders, classification folders, hanging folders and expanding organizers, pockets and wallets as well as filing accessories including self-adhesive pockets, tabs and file drawer frames. An even broader selection of Smead products is available through Office Depot’s Web site at www.officedepot.com.

“We welcome the opportunity to be the leading supplier of filing products for Office Depot and look forward to working together to offer a line of innovative products that will keep businesses and home offices organized,” said David Fasbender, Senior Vice President of Sales and Marketing for Smead. “Smead has always been a leader in organizational solutions and we look forward to our expanded partnership with Office Depot.”

“Office Depot is dedicated to providing smart shopping solutions and great value to our customers, and we are thrilled to partner with Smead to launch this great assortment of filing products,” said Wade Eveleth, Senior Director of Merchandising for Office Depot. “Whether you are a small business or large corporation, Office Depot has the products you need to take care of business.”

Every Smead-branded product contains post-consumer recycled material and many of its products are made with materials that are certified by Sustainable Forest Initiative (SFI) – an environmental organization that uses rigorous standards and performance measures that integrate the protection of the environment with the perpetual growing and harvesting of trees.

To learn more about Smead’s products and their innovative solutions for solving many types of organizing dilemmas, visit www.smead.com or visit an Office Depot in your area.

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About Smead
Smead Manufacturing Company, a leader in office filing products and records management systems, was established in 1906 in Hastings, Minnesota. Smead is a privately held, certified Women’s Business Enterprise (WBE) offering thousands of organizational products for use in the home or office. For more information on Smead’s high-quality organizational products, including hundreds of environmentally friendly products made from Sustainable Forestry Initiative (SFI)-certified materials, visit www.smead.com. To find your personal organizing style, visit Smead Organomics at www.smead.com/MyOrganomics.

About Office Depot
Every day, Office Depot is Taking Care of Business for millions of customers around the globe. For the local corner store as well as Fortune 500 companies, Office Depot provides products and services to its customers through 1,604 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.6 billion e-commerce operation. Office Depot has annual sales of approximately $14.5 billion, and employs about 42,000 associates around the world. The Company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 48 countries.

Office Depot’s common stock is listed 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.