Exhibit 23
Consent of Ernst & Young LLP, Independent Auditors
We consent to the incorporation by reference in this Annual Report (Form 10-K)
of IKON Office Solutions, Inc. of our report dated October 25, 1999, (except for
the first paragraph of note 10 and note 18, as to which the date is November
24, 1999 and the fourth paragraph of note 6, as to which the date is December 9,
1999), included in the 1999 Annual Report to Shareholders of IKON Office
Solutions, Inc.
Our audits also included the financial statement schedule of IKON Office
Solutions, Inc. listed in Item 14(a). This schedule is the responsibility of the
Company's management. Our responsibility is to express an opinion based on our
audits. In our opinion, the financial statement schedule referred to above, when
considered in relation to the basic financial statements taken as a whole,
presents fairly in all material respects the information set forth therein.
We consent to the incorporation by reference in the following registration
statements on Forms S-3, S-4 and S-8 of IKON Office Solutions, Inc. and in the
related Prospectuses of our report dated October 25, 1999, (except for the first
paragraph of note 10 and note 18, as to which the date is November 24, 1999
and the fourth paragraph of note 6, as to which the date is December 9,1999),
with respect to the consolidated financial statements of IKON Office Solutions,
Inc. incorporated by reference in its Annual Report (Form 10-K) for the fiscal
year ended September 30, 1999, filed with the Securities and Exchange
Commission.
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REGISTRATION NUMBER FILING DATE DESCRIPTION
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2-66880 March 10, 1980 IKON Office Solutions, Inc. 1980
Deferred Compensation Plan
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2-75296 December 11, 1982 IKON Office Solutions, Inc. 1982
Deferred Compensation Plan
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33-00120 September 6, 1985 IKON Office Solutions, Inc. 1985
Deferred Compensation Plan
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33-26732 January 27, 1989 IKON Office Solutions, Inc. Non
Employee Directors' Stock Option Plan
(formerly 1989 Directors' Stock
Option Plan)
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33-36745 September 10, 1990 IKON Office Solutions, Inc. 1991
Deferred Compensation Plan
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33-38193 December 10, 1990 IKON Office Solutions, Inc. 1986
Stock Option Plan
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33-54781 July 28, 1994 IKON Office Solutions, Inc. Stock
Award Plan
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33-56469 November 15, 1994 IKON Office Solutions, Inc. 1995
Stock Option Plan
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33-56471 November 15, 1994 IKON Office Solutions, Inc. Long Term
Incentive Compensation Plan
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33-64177 November 14, 1995 IKON Office Solutions, Inc.
$750,000,000 Debt Securities,
Preferred Stock or Common Stock
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333-24931 April 10, 1997 IKON Office Solutions, Inc.
10,000,000 Shares of Common Stock
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333-47783 March 11, 1998 IKON Office Solutions, Inc. Stock
Award Plan
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333-66975 November 11, 1998 IKON Office Solutions, Inc.
Retirement Savings Plan
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Philadelphia, Pennsylvania /s/ Ernst & Young LLP
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December 28, 1999