Press Release

PHOENIX, Jan 23, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT), a leading global technology distributor, announced today its Chairman and CEO Roy Vallee will join all Arizona NYSE Euronext-listed company chairmen, CEOs and senior executives live from Arizona to ring The Closing Bell(R), Friday, February 1, 2008. The Closing Bell signifies the close of trading on the NYSE, and will mark the kick-off of Arizona hosting Super Bowl XLII weekend.

"NYSE Euronext is proud to kick-off Super Bowl weekend with the ringing of the NYSE Closing Bell from Arizona," said NYSE Euronext CEO Duncan L. Niederauer. "This is a great opportunity to showcase our many listed companies from the region, including Avnet Inc., whose CEO, Roy Vallee, helped make this unique event possible."

"Bringing together two of the most famous events in the world -- ringing the NYSE bell and the NFL's Super Bowl -- is exciting for our great state of Arizona. It's an honor to ring the bell on our turf for the state's first time, joined by 14 excellent local companies on the Big Board and Avnet's employees," said Mr. Vallee.

The Closing Bell(R) will ring at 2 p.m. MT / 4 p.m. ET. Roy Vallee will join NYSE Euronext Executive Vice President and Co-COO, U.S. Products Larry Leibowitz, along with chairmen, CEOs and senior executives from the 14 Arizona-based companies listed on the NYSE including Allied Waste Industries, Inc., CSK Auto Corp., Freeport-McMoRan Copper & Gold Inc., Hypercom Corp., Knight Transportation, Inc., Medicis Pharmaceutical Corp., Meritage Homes Corp., Pinnacle West Capital Corp., RSC Holdings, Inc., UniSource Energy Corp., Universal Technical Institute, Inc., US Airways Group Inc., and Viad Corp. Arizona Governor Janet Napolitano, City of Glendale Mayor Elaine Scruggs, owner of the Arizona Cardinals William Bidwill, as well as Arizona Super Bowl Host Committee Chairman Mike Kennedy and Official Team Captain of the Arizona Super Bowl Host Committee Spike(TM) will also participate in the ceremony.

A live webcast of the event will be available beginning at 1:55 p.m. MT / 3:55 p.m. ET on the NYSE homepage at www.nyse.com.

Super Bowl XLII will be played in the University of Phoenix Stadium in Glendale, Ariz. on Sunday, February 3, 2008.

About Avnet

Avnet, Inc. (NYSE:AVT) is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 300 locations serving more than 70 countries worldwide. The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2007, Avnet generated revenue of $15.68 billion. For more information, visit www.avnet.com. (AVT_IR)

SOURCE: Avnet, Inc.

Avnet, Inc.
Michelle Gorel, 480-643-7653
michelle.gorel@avnet.com
or
Brodeur, for Avnet, Inc.
Marcia Chapman, 602-808-1169
mchapman@brodeur.com

Copyright Business Wire 2008

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