Dont think so. Read question again "once placed in deleted items folder".
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I believe it's referring to the point after you delete the items in the deleted items folder.
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In Exchange 2007, the default retention period is 14 days for mail items and for user mailbox is 30 days.
check technet
http://technet.microsoft.com/en-us/library/aa997206(EXCHG.80).aspx
Last Wiki Answer Submitted: April 9, 2011 9:09 am by Ingram871,285 pts.
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There can be 2 retention policies; one for items in the deleted items folder and one for the items deleted from the deleted items folder (which can still be found in “recover deleted items”). We have a different policy for each. 30 days for items placed in the deleted items folder. This is controlled by the exchange server mail store management policy at the organizational level and applied to each mailbox. We also have a 15 month policy on the inbox. The rention of the email once it is deleted out of deleted items is a separate setting on the mail store itself.
Question answered!
@Arpmcu, please reply here !
There can be 2 retention policies; one for items in the deleted items folder and one for the items deleted from the deleted items folder (which can still be found in “recover deleted items”). We have a different policy for each. 30 days for items placed in the deleted items folder. This is controlled by the exchange server mail store management policy at the organizational level and applied to each mailbox. We also have a 15 month policy on the inbox. The rention of the email once it is deleted out of deleted items is a separate setting on the mail store itself.