OFFICE 1 Ireland Press Release

November 9, 2004 - (Irleand)

Office 1 Ireland would like to announce the addition of 5 new stores to the evergrowing franchise on the Irish market. New office 1 shops, located in Donegal, Newcastle West, Rathmines, Tralee and Tullamore will open their doors over the next four weeks. Office 1 Franchise Ireland, established in March of this year, will have exceeded highest expectations and will already have ten shops in Ireland by the end of the year.

Managing Director, Mr Fintan Lawlor has stated "OFFICE 1 has been a phenomenal success in this country with the existing shops in Ballymount, Wexford and Cork reporting sales growth of up to 18%. This factor combined with new innovative products added to the mix, marketing strength and valuable supplier support from players such as OFFICE 1 and has made OFFICE 1 the obvious choice for owner managed office supplies business to diversify and progress. Now with ten shops in operation we are well on target of achieving nationwide coverage of a unique retail stationery and IT outlet in the Irish market."