1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) October 20, 2000 A V N E T, I N C. ________________________________________________________________________________ (Exact name of Registrant as Specified in its Charter) New York 1-4224 11-1890605 ________________________________________________________________________________ (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification No.) 2211 South 47th Street, Phoenix, Arizona 85034 ________________________________________________________________________________ (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, Including Area Code - (480) 643-2000 ________________________________________________________________________________ Not Applicable ________________________________________________________________________________ (Former Name or Former Address if Changed Since Last Report)

2 Item 7. Financial Statements and Exhibits. (a) Inapplicable (b) Inapplicable. (c) Exhibits: 99. Press Release of Avnet, Inc. dated October 20, 2000 Item 9. Regulation F-D Disclosure. The press release of Avnet, Inc. issued on October 20, 2000 is being filed as Exhibit 99 hereto. Management of Avnet, Inc. may, from time to time, comment on expectations concerning Avnet's future financial performance during discussions with investors, the media, investment analysts, and others. To the extent management's expectations differ during those discussions from the comments made by management in Avnet's quarterly earnings conference calls, such new expectations will be posted on the Investor Relations home page of Avnet's web site.

3 S I G N A T U R E ----------------- Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. AVNET, INC. (Registrant) /s/ Raymond Sadowski Date: October 23, 2000 By: _______________________________ Raymond Sadowski Senior Vice President and Chief Financial Officer

4 Exhibit Index ------------- Exhibit Number Description - -------------- ----------- 99 Press Release of Avnet, Inc. dated October 20, 2000

1 [AVNET LOGO] Avnet, Inc. 2211 South 47 Street Phoenix, AZ 85034 PRESS RELEASE =============================================================================== OCTOBER 20, 2000 AVNET, INC. FISCAL 2001 FIRST QUARTER EARNINGS CONFERENCE CALL Avnet, Inc. (NYSE:AVT) announced today that its first quarter fiscal 2001 earnings conference call will be held on: - DATE: Thursday, October 26, 2000 - TIME: 3:00 PM EDT / 2:00 PM CDT / 1:00 PM MDT / 12:00 Noon PDT - PHONE: (719) 457-2649 Roy Vallee, Avnet's Chairman and CEO, will comment on the Company's First Quarter results. Other members of Avnet's senior management will be on the teleconference to respond to questions. Individuals who do not have an opportunity to participate in the teleconference can access the replay approximately 2-3 hours after the call ends. The replay will be available until Friday, November 3, 2000. - REPLAY #: (719) 457-0820 - CONFIRMATION #: 750440 The teleconference will also be archived on the Avnet, Inc. web site http://www.avnet.com, accessible from the Investor Relations home page. Management of Avnet, Inc. may, from time to time, comment on expectations relative to Avnet's future financial performance during discussions with investors, the media, investment analysts, and others. To the extent management's expectations differ during those discussions from the comments made by management on the earnings conference call, such new expectations will be posted on the Investor Relations home page of Avnet's web site. For more information, please contact Lillie Scarna, Investor Relations Coordinator, at (480) 643-7291 or lillie.scarna@avnet.com Phoenix, Arizona, USA-based Avnet, Inc. (NYSE:AVT), a Fortune 500 company with annual sales exceeding $9 billion, is one of the world's largest distributors of semiconductors, interconnect, passive and electromechanical components and computer products from the leading manufacturers. Serving customers in 60 countries, Avnet markets, inventories and adds value to these products and provides world-class supply-chain management and engineering services. The Company's web site is located at www.avnet.com. Contact: John Hovis, SVP Investor Relations or Raymond Sadowski, SVP & CFO * Telephone (480) 643-7291 * Fax (480) 643-7370 Internet: http://www.avnet.com * e-mail: john.hovis@avnet.com