You cannot do this with a mailbox folder, but you can do this with a public folder. You can configure permissions so that your users have read-only access (by assigning them the role of reviewer for the public folder). In addition, you can set specific age limits for items in public folders. Age limits let you define how long items remain in a public folder before they are automatically deleted. You can either apply the settings used by the public information store for a public folder, or specify your own age limit (in days).
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