Avnet Inc. to Present at the Global Technology Distribution Council Investor Relations Conference.

Business Editors/High-Tech Writers

PHOENIX--(BUSINESS WIRE)--May 11, 2004

Avnet Inc. (NYSE:AVT) today announced Roy Vallee, Avnet's chairman and chief executive officer, will present at the Global Technology Distribution Council (GTDC) Investor Relations Conference to be held at the Le Parker Meridien in New York on May 18, 2004 at 11:50 a.m. Eastern Time. Vallee currently serves as chairman of the GTDC (www.gtdc.org).

Avnet's presentation will be broadcast live over the Internet at www.ir.avnet.com. Interested parties should logon to the Web site 15 minutes prior to the presentation time to register for the event and download any necessary software.

Also available at www.ir.avnet.com are other recent webcasts, a calendar of events, downloadable slide presentations, and other investor information.

Additional Information

Avnet enables success at the center of technology, providing cost-effective services and solutions vital to a broad base of more than 100,000 customers and 250 suppliers. Avnet generated revenue of $9.05 billion in fiscal 2003 (year ended June 27, 2003) through sales in 68 countries. Via its premier market position, Avnet brings a breadth and depth of capabilities, which help its trading partners accelerate growth and realize cost efficiencies. The company markets, distributes and adds value to semiconductors, interconnect, passive and electromechanical (IP&E) components, enterprise network and computer equipment, software and embedded sub-systems. Visit Avnet's Investor Relations Web site at www.ir.avnet.com or contact us at [e-mail].