Comdisco Names John Kenning President of Communication Capital Division.

ROSEMONT, Ill.--(BUSINESS WIRE)--July 13, 1999--

Comdisco, Inc. (NYSE:CDO) today announced that John Kenning, 37, will head up the newly created Communication Capital Division, within its Diversified Technology Group. Kenning will spearhead an effort to aggressively expand Comdisco's communication product offerings. Additionally, he will focus within the division on centralizing sales efforts and leveraging technical support, which is in line with the company's position as a leading provider of technology services and infrastructure management.

During a summer transition period, Kenning will move from North American national sales manager for Comdisco and will assume the role of president of the Communication Capital Division, effective October 1, 1999. The goal of the division is to assist telecommunications organizations to effectively implement their technology acquisitions and management strategies on a global basis. Comdisco will proactively anticipate market needs, offer innovative financial solutions, and provide superior customer service.

Mike Herman, President, Diversified Technology Group said, "John has a proven track record and has successfully led his team of sales representatives during a time when Comdisco experienced record revenue and earnings growth. We are looking forward to the same success as John takes on his newest challenge in the Communication Capital Division."

In this position, Kenning brings over 14 years of experience as a sales leader with Comdisco. After joining as a regional marketing manager for the Midwest Region in 1985, Kenning went on to open Comdisco's St. Louis office. In 1994, he was named senior vice president and district manager of the Midwest Sales Division. Most recently Kenning has held executive sales responsibilities in Comdisco's financial management, asset management and business continuity services. Kenning holds a bachelors' degree in business from Miami University in Oxford, Ohio.

About Comdisco

Comdisco is a leading technology services company, providing technology infrastructure management services necessary to deliver information and applications anytime or anywhere, without delay or disruption. Key service areas include business continuity; network management; desktop management and underlying software support; and hardware leasing and remarketing. The company's revenue for the 12 months ended March 31, 1999 was $3.6 billion. Through its subsidiary Prism Communication Services Inc., Comdisco is developing a high-speed, always-on digital network, which will provide customers with leading-edge connectivity. For more information, call 800-272-9792 or visit Comdisco's Web site at www.comdisco.com.

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