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Carl C. Icahn Comments On Agreement With Dell

                Carl C. Icahn Comments On Agreement With Dell

PR Newswire

NEW YORK, April 16, 2013

NEW YORK, April 16, 2013 /PRNewswire/ --Carl C. Icahn today announced that he
and his affiliates have entered into an agreement with Dell Inc. that will
facilitate discussions among Dell shareholders free of the legal restrictions
under Delaware law.

Mr. Icahn noted: "Like other large Dell shareholders, I continue to believe
that the February 5 merger agreement to take Dell private undervalues Dell and
hurts shareholders. My affiliates and I expect to engage in meaningful
discussions with other Dell shareholders, discussions that we believe will
help to facilitate alternatives to the existing transaction with Michael
Dell. In addition, I want to make it very clear that I have retained the
absolute right to conduct a proxy fight at Dell. In fact, I have refused to
take a $25 million expense reimbursement from Dell as the price of giving up a
proxy fight. Dell shareholders are entitled to a free exchange of ideas as
they make this important decision and that includes the right of shareholders
to evaluate all alternatives. We look forward to speaking with Dell
shareholders in the days and weeks ahead."

NOTICE TO INVESTORS

SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS
RELATED TO THE SOLICITATION OF PROXIES BY Carl C. Icahn AND HIS AFFILIATES
FROM THE STOCKHOLDERS OF DELL INC. WHEN THEY BECOME AVAILABLE BECAUSE THEY
WILL CONTAIN IMPORTANT INFORMATION, INCLUDING INFORMATION RELATING TO THE
PARTICIPANTS IN SUCH PROXY SOLICITATION. WHEN COMPLETED, A DEFINITIVE PROXY
STATEMENT AND A FORM OF PROXY WILL BE MAILED TO STOCKHOLDERS OF DELL INC. AND
WILL ALSO BE AVAILABLE AT NO CHARGE AT THE SECURITIES AND EXCHANGE
COMMISSION'S WEBSITE AT HTTP://WWW.SEC.GOV. INFORMATION RELATING TO THE
PARTICIPANTS IN SUCH PROXY SOLICITATION IS CONTAINED IN ANNEX B TO THE
SCHEDULE 14A FILED BY CARL C. ICAHN AND HIS AFFILIATES ON APRIL 16, 2013 (THE
"SCHEDULE 14A"). EXCEPT AS OTHERWISE DISCLOSED IN THE SCHEDULE 14A, THE
PARTICIPANTS HAVE NO INTEREST IN DELL INC. OTHER THAN THROUGH THE BENEFICIAL
OWNERSHIP OF SHARES OF COMMON STOCK OF DELL INC. AS DISCLOSED IN ANNEX B TO
THE SCHEDULE 14A.

SOURCE Carl C. Icahn

Contact: Susan Gordon, (212) 702-4309