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Arrow Electronics Amended Credit Facility Increased to $1.5 Billion



  Arrow Electronics Amended Credit Facility Increased to $1.5 Billion

                   -- Maturity Extended to December 2018 –-

Business Wire

ENGLEWOOD, Colo. -- December 18, 2013

Arrow Electronics, Inc. (NYSE:ARW) announced that the company has amended its
credit facility, extending its maturity to December 2018 and its capacity to
$1.5 billion. The credit facility previously matured in August 2016 and
totaled $1.2 billion.

"Our ability to increase the size of our credit facility to $1.5 billion and
extend the maturity reflects the strength of our company," said Paul J.
Reilly, executive vice president, finance and operations, and chief financial
officer. "When combined with our strong cash flows and balance sheet, the
credit facility enhances our financial flexibility to continue to drive
strategic growth."

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. Arrow serves as a supply channel partner for
more than 100,000 original equipment manufacturers, contract manufacturers and
commercial customers through a global network of more than 470 locations in 55
countries.

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 that are subject to numerous assumptions, 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 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, risks related to the integration of acquired businesses, changes change
in legal and regulatory matters, 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. Forward-looking statements can be identified by forward
looking words such as “expects,” “anticipates,” “intends,” “plans,” “may,”
“will,” “believes,” “seeks,” “estimates,” and similar expressions.
Shareholders and other 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.

Contact:

Arrow Electronics, Inc.
Contact:
Greg Hanson, 303-824-4537
Vice President and Treasurer
or
Paul J. Reilly, 631-847-1872
Executive Vice President, Finance and Operations, & Chief Financial Officer
or
Media Contact:
John Hourigan, 303-824-4586
Vice President, Corporate Communications
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