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Non-Tech : CEXP

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To: DHB who wrote (433)12/22/1998 9:05:00 AM
From: Jason Rooks  Read Replies (1) of 488
 
Monday December 21, 6:00 pm Eastern Time

Company Press Release

SOURCE: Corporate Express, Inc.

Corporate Express Subsidiary Completes Exchange
Offer for 9 5/8% Senior Subordinated Notes Due 2008

BROOMFIELD, Colo., Dec. 21 /PRNewswire/ -- Corporate Express, Inc. (Nasdaq: CEXP - news), a leading supplier of
goods and services to corporations that value innovative procurement solutions, today announced that CEX Holdings, Inc., its
wholly-owned subsidiary, has accepted for exchange $350,000,000 principal amount of its 9 5/8% Series A Senior
Subordinated Notes due 2008 for a like principal amount of its 9 5/8% Series B Senior Subordinated Notes due 2008. The
exchange offer expired on December 15, 1998.

Corporate Express operates in more than 600 worldwide locations, including more than 90 distribution centers, utilizes a fleet
of more than 10,000 delivery vehicles, and employs more than 25,000 people in the United States, Canada, the United
Kingdom, Ireland, Germany, Switzerland, France, Italy, Australia, and New Zealand.

SOURCE: Corporate Express, Inc.
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