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Office Depot partners with Conservation Organizations to incorporate science into paper procurement

Delray Beach, Fla., March 22, 2004 Office Depot, (NYSE: ODP), the world's leading reseller of paper, today announced a five-year, $2.2 million strategy to develop the information, standards and tools needed to advance the company's forest and biodiversity conservation policies. The project work is expected to help reduce the environmental footprint of the company's forest and paper product suppliers while contributing to global biodiversity conservation.

To achieve these objectives, Office Depot is collaborating with NatureServe, Conservation International and The Nature Conservancy three of the world's most respected science-driven conservation organizations to form the Forest & Biodiversity Conservation Alliance, a cooperative working framework that will coordinate the complementary strengths and resources of each organization to address forest and biodiversity conservation issues within the supply chain.

"The creation of the Alliance is another strong demonstration of Office Depot's commitment to pursue practical approaches to issues of environmental concern," noted Bruce Nelson, Chairman and CEO of Office Depot. "Environmental stewardship is advanced by people and organizations that are specific in what they seek to achieve. We are perfectly clear on the values we want to promote and advance, the types of forests we want our suppliers to avoid, and the forest practices we will and will not accept. The activities of this alliance will assist forest managers in their efforts to address those values, and provide Office Depot with the information and tools we need to incorporate conservation science into our procurement decisions."

Nelson noted that the objectives of the Alliance are reflected in a new Forest & Biodiversity Conservation section of Office Depot's Environmental Paper Procurement Policy, also released today.

The Alliance, and the integration of its objectives within Office Depot's Environmental Paper Proc
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Contact: Jason W. Anderson
j.anderson@celb.org
202-912-1464
Conservation International
22-Mar-2004


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