Arrow Electronics Acquires Additional Distributor in Switzerland.

MELVILLE, N.Y.--(BUSINESS WIRE)--Feb. 3, 1999--Arrow Electronics, Inc. (NYSE:ARW) announced that Spoerle Electronic, the Arrow company serving Central Europe, has acquired Industrade AG. Industrade is one of Switzerland's leading distributors of electronic components and related products.

"Our acquisition of Industrade enhances Spoerle's standing in the Swiss marketplace," said Stephen P. Kaufman, Chairman and Chief Executive Officer of Arrow, "and further solidifies the position of the Arrow companies in Central Europe as the preeminent distributor in that important European market."

Arrow Electronics is the world's largest distributor of electronic components and computer products, with 1997 sales of $7.8 billion. Headquartered in Melville, New York, Arrow serves as a supply channel partner for more than 600 suppliers and 160,000 original equipment manufacturers and commercial customers through more than 200 sales facilities and 26 distribution centers in 32 countries. Detailed information about Arrow's operations can be found at www.arrow.com.