OfficeMax Announces Dividend and New Lead Director

NAPERVILLE, Ill., April 24 /PRNewswire-FirstCall/ -- OfficeMax(R) Incorporated (NYSE:OMX), a leader in office products and services, announced today a regular quarterly dividend of $0.15 cents per common share, payable on July 15, 2008, to shareholders of record on July 1, 2008.

OfficeMax also announced that, as previously announced, Gary G. Michael, who joined the OfficeMax Board of Directors in 1997, did not stand for re-election in 2008. Mr. Michael was the Chairman of the Board and Chief Executive Officer of Albertsons, Inc. until his retirement in 2001. On the OfficeMax board of directors, Mr. Michael served as Chair of the Committee of Outside Directors and Lead Independent Director, and as a member of the Executive Compensation Committee and the Governance & Nominating Committee. The board has appointed Rakesh Gangwal, who joined the OfficeMax Board of Directors in 1998, to fill Mr. Michael's position as Chair of the Committee of Outside Directors and Lead Independent Director. Mr. Gangwal will continue to serve on the Executive Compensation Committee and the Governance & Nominating Committee.

About OfficeMax

OfficeMax Incorporated (NYSE:OMX) is a leader in both business-to- business office products solutions and retail office products. The OfficeMax mission is simple. We help our customers do their best work. The company provides office supplies and paper, in-store print and document services through OfficeMax ImPress(R), technology products and solutions, and furniture to consumers and to large, medium and small businesses. OfficeMax customers are served by approximately 36,000 associates through direct sales, catalogs, e-commerce and more than 900 stores. To find the nearest OfficeMax, call 1-877-OFFICEMAX. For more information, visit http://www.officemax.com/.

OfficeMax Media Contact OfficeMax Investor Contact
Bill Bonner John Jennings
630 864 6066 630 864 6820

First Call Analyst:
FCMN Contact:

Source: OfficeMax Incorporated

CONTACT: Media, Bill Bonner, +1-630-864-6066, or Investors, John
Jennings, +1-630-864-6820, both of OfficeMax

Web site: http://www.officemax.com/

2008-04-24 17:43:59 0345017 PRNEWSWIRE