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Tech Data Corporation Receives NASDAQ Notice Relating to Late Annual Report



Tech Data Corporation Receives NASDAQ Notice Relating to Late Annual Report

CLEARWATER, Fla., April 3, 2013 (GLOBE NEWSWIRE) -- Tech Data Corporation
(Nasdaq:TECD) (the Company) today announced that it has received, as expected,
a notice from the NASDAQ Listing Qualifications Department stating that the
Company is not in compliance with NASDAQ Listing Rule 5250(c)(1), which
requires timely filing of reports required by rules of the Securities and
Exchange Commission. The Company previously announced that it would delay the
filing of its Annual Report on Form 10-K (the "Form 10-K") for its fiscal year
ended January 31, 2013 due to the Company's restatement of prior period
financial statements.

Under the NASDAQ Listing Rules, the Company has 60 calendar days, or until
June 3, 2013, to submit to NASDAQ a plan to regain compliance. If the staff of
the Listing Qualifications Department accepts the plan, it may grant an
exception of up to 180 calendar days from the Company's Form 10-K due date, or
until September 30, 2013, for the Company to regain compliance. The Company
intends to submit a plan to regain compliance as soon as possible. During this
process, the Company expects that its common stock will continue to be listed
and traded on The NASDAQ Stock Market.

Forward Looking Statements

The report includes "forward-looking statements" within the meaning of the
federal securities laws and regulations, including those regarding the
Company's intent to restate its prior financial statements and to submit a
plan of compliance to the NASDAQ Listing Qualifications Department. These
statements are subject to risks and uncertainties. There can be no assurance
that the Company's management, Audit Committee or independent registered
public accounting firm will not reach conclusions that are different from
management's preliminary identification of issues in the pending restatement
that may delay completion of the restatement and the Company's submission of a
plan to regain compliance with NASDAQ Listing Rules. Forward-looking
statements reflect management's analysis as of the filing date of this Notice,
and the Company does not undertake to revise these statements to reflect
subsequent developments.

About Tech Data

Tech Data Corporation (Nasdaq:TECD) is one of the world's largest wholesale
distributors of technology products. Its advanced logistics capabilities and
value added services enable 120,000 resellers in more than 100 countries to
efficiently and cost effectively support the diverse technology needs of end
users. To learn more, visit www.techdata.com.

CONTACT: Jeffery P. Howells, Executive Vice President
         and Chief Financial Officer
         727-538-7825 (jeff.howells@techdata.com) or
        
         Arleen Quinones, Director, Investor Relations
         and Shareholder Services
         727-532-8866 (arleen.quinones@techdata.com)

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