Arrow Electronics Named to ``100 Best Corporate Citizens''.

Business Editors

MELVILLE, N.Y.--(BUSINESS WIRE)--June 19, 2002

Arrow Electronics, Inc. (NYSE:ARW) was chosen by Business Ethics Magazine as one of the "100 Best Corporate Citizens." The article is featured in Business Ethics Magazine, a publication focusing on the social responsibility of corporations.

Arrow Electronics was ranked number 67, among companies such as IBM, Hewlett-Packard, Qualcomm, Sun Microsystems and Pitney Bowes. Business Ethics Magazine uses quantitative measurements to evaluate companies based on corporate service to stakeholder groups such as: stockholders, employees, customers, the community, the environment, minorities, women and international stakeholders.

"We are honored Arrow is distinguished as a member of such an elite group of corporate citizens," said Stephen Kaufman, President and CEO of Arrow Electronics. "Arrow has always tried to balance the interests and needs of all its stakeholders in its day-to-day business practices. This award reinforces the fact that we have been successful at making effective business decisions while also fulfilling our social responsibilities."

About Arrow Electronics

Arrow Electronics is one of the world's largest distributors of electronic components and computer products and a leading provider of services to the electronics industry. Headquartered in Melville, New York, Arrow serves as a supply channel partner for more than 600 suppliers and 175,000 original equipment manufacturers, contract manufacturers, and value-added resellers through more than 200 sales facilities and 23 distribution centers in 40 countries and territories. Detailed information about Arrow's operations can be found at www.arrow.com.