OMX Officemax Incorporated

K Capital Comments on Appointment of Monte R. Haymon to the OfficeMax Board of Directors BOSTON, July 28 /PRNewswire-FirstCall/ -- K Capital Offshore Master Fund (U.S. Dollar), L.P. and Special K Capital Offshore Master Fund (U.S. Dollar), L.P. (collectively, "K Capital"), who, together with its affiliates is the largest shareholder of OfficeMax Incorporated (NYSE:OMX), today commented on the announcement by OfficeMax that it has appointed Monte R. Haymon to its Board of Directors: Brian Steck, Managing Director of K Capital, said: "We are pleased that the OfficeMax Board of Directors has appointed Monte Haymon as a director of the company. With over 25 years as a senior executive and CEO, Mr. Haymon has developed a reputation for integrity, candor and delivering results. As an active and well-regarded member of several boards, Mr. Haymon has contributed to building significant value for shareholders by fostering an environment of accountability, discipline and tough decision making. We believe that his addition to the Board will be beneficial to the company and its shareholders." As announced on April 25th 2005, K Capital withdrew its nomination of Karl L. Meyer for election to the Board of Directors of OfficeMax at the OfficeMax 2005 Annual Meeting of Shareholders. K Capital would like to convey its appreciation to Mr. Meyer for his willingness to support the interests of all OfficeMax shareholders. About K Capital Partners, LLC K Capital Partners, LLC, is a Boston, Massachusetts-based company that serves as general partner or manager of private investment funds. Contacts Media: Matthew Sherman / Joele Frank Joele Frank, Wilkinson Brimmer Katcher 212.355.4449 DATASOURCE: K Capital Partners, LLC CONTACT: Matthew Sherman, or Joele Frank, both of Joele Frank, Wilkinson Brimmer Katcher, +1-212-355-4449

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