The Tender Offer expired at 11:59 P.M., New York City time, on September 29, 2009.

The Company has accepted for purchase all of the Notes validly tendered in the Tender Offer. The aggregate principal amount of the Notes validly tendered pursuant to the Tender Offer was $130,455,000, representing approximately 65.2% of outstanding Notes. The total consideration payable per $1,000 principal amount of the Notes is $1,077.50 plus accrued and unpaid interest to, but not including the date of settlement, as described in the Company's Offer to Purchase, dated September 23, 2009 (the "Offer to Purchase").

The Company funded the purchase of all Notes validly tendered with the net proceeds of a public offering of debt securities that closed on September 30, 2009.

The Company has paid to The Depository Trust Company ("DTC") the total consideration payable to validly tendering holders, and Global Bondholder Services Corporation, the depositary for the Tender Offer, has irrevocably instructed DTC to promptly pay to such validly tendering holders the total tender offer consideration, including accrued and unpaid interest on the accepted Notes from the last applicable interest payment date to, but not including September 30, 2009, the actual date of settlement.

Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Headquartered in Melville, N.Y., Arrow serves as a supply channel partner for approximately 800 suppliers and 130,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 340 locations in 53 countries and territories.

SAFE HARBOR

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. This press release includes forward-looking statements, including statements addressing future financial results. These statements are subject to a number of risks and uncertainties that could cause actual results or facts to differ materially from such statements for a variety of reasons including, but not limited to: industry conditions, the Company's implementation of its new global financial system and the Company's planned implementation of its new enterprise resource planning system, changes in product supply, pricing and customer demand, competition, other vagaries in the Global Components and Global ECS markets, changes in relationships with key suppliers, increased profit margin pressure, the effects of additional actions taken to become more efficient or lower costs, the Company's ability to generate additional cash flow and the other risks described from time to time in the Company's reports to the Securities and Exchange Commission (including the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q). Forward-looking statements are those statements, which are not statements of historical fact. These forward-looking statements can be identified by forward-looking words such as "expects," "anticipates," "intends," "plans," "may," "will," "believes," "seeks," "estimates," and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update publicly or revise any of the forward-looking statements.

SOURCE: Arrow Electronics, Inc.

Arrow Electronics, Inc.
Michael Taunton, 631-847-5680
Vice President & Treasurer
or
Paul J. Reilly, 631-847-1872
Executive Vice President & Chief Financial Officer
or
Media:
John Hourigan, 303-824-4586
Director, External Communications