Arrow Electronics Completes Acquisition of InTechnology plc's Storage and Security Distribution Business.

---Expands Enterprise Business in Europe---

MELVILLE, N.Y. -- Arrow Electronics, Inc. (NYSE:ARW) announced that it has completed its previously announced acquisition of the storage and security distribution business of InTechnology plc for a purchase price of approximately $80 million.

"The acquisition of InTechnology's storage and security distribution business enables us to further expand our Enterprise Computing Solutions business into the United Kingdom, Europe's second largest IT market. We expect this transaction to create further opportunities for us in the growing storage and security software markets," stated M. Cathy Morris, president, Arrow Enterprise Computing Solutions. "We expect this transaction to be $.02 to $.04 accretive in 2007."

InTechnology Distribution, which is headquartered in Harrogate, England and has approximately 200 employees, delivers storage and security solutions to value-added resellers in the United Kingdom. Total 2006 sales are expected to exceed $400 million.

"The addition of InTechnology's storage and security distribution business is a key strategic step towards our goal of becoming the preeminent provider of enterprise computing solutions in Europe," stated Kurt Schoeffer, managing director, DNS. "This transaction will enable us to provide a more comprehensive suite of solutions for our reseller customers," added Steve Pearce, chief operating officer, InTechnology plc.

Arrow Electronics (www.arrow.com) is a major global provider of products, services and solutions to industrial and commercial users of electronic components and computer products. Headquartered in Melville, N.Y., Arrow serves as a supply channel partner for nearly 600 suppliers and more than 130,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of over 270 locations in 53 countries and territories.

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