Arrow Electronics Europe Receives Awards from Intel.

Business Editors

MELVILLE, N.Y.--(BUSINESS WIRE)--June 19, 2000

Arrow Electronics, Inc (NYSE:ARW), the world's largest electronics distributor, was presented with two prestigious honors at the Intel EMEA (Europe, the Middle East, and Africa) Channel Executive Conference 2000 in Madrid, Spain. Arrow Europe, a division of Arrow Electronics serving Northern, Southern, and Central Europe, received the "Group Award for Highest Dollar Growth in Networking Sales in 1999" from Intel. Spoerle Electronic, the German arm of Arrow's European Division, won Intel's "Distributor Award for Highest Percentage Growth in CEG (Computer Enhancement Group) Sales in 1999."

With networking sales up 350 percent through Intel EMEA, the awards are indicative of the vast growth Arrow Europe has experienced throughout the past year.

Arrow Europe has established itself as not only the leading distributor for Intel products, but also as the leader in electronics distribution throughout the continent. "When you are the number one distributor, it is very hard to win growth awards. These honors clearly reflect Arrow's strength at both the local and Pan-European level," said Art Baer, President, Arrow Europe.

Arrow Electronics is the world's largest distributor of electronic components and computer products, with 1999 sales of $9.3 billion. Headquartered in Melville, New York, Arrow serves as a supply channel partner for more than 600 suppliers and 175,000 original equipment manufacturers and commercial customers through more than 225 sales facilities and 19 distribution centers in 37 countries. Detailed information about Arrow's operations can be found at www.arrow.com.