DOW JONES NEWSWIRES

Ikon Office Solutions Inc. (NYSE:IKN) (IKN) will redeem for cash the remaining $100 million in aggregate principal amount of its senior unsecured, floating-rate notes due 2012.

As a result of the redemption and an additional redemption of $50 million on May 7, Ikon will incur a charge of about $5.7 million from the early extinguishment of debt in the third quarter ending June 30.

-Nicholas Hatcher; Dow Jones Newswires; 201-938-5400

    (END) Dow Jones Newswires   05-29-08 1635   Copyright (c) 2008 Dow Jones & Company, Inc.