INGRAM MICRO ANNOUNCES THIRD QUARTER RESULTS

SANTA ANA, Calif., Nov. 6, 1996
Ingram Micro Inc. (NYSE:IM) today announced net earnings income increased 30 percent to $26.9 million for the third quarter ended September 28, 1996, compared with $20.8 million for the same period a year ago. Excluding a non-cash compensation charge related to stock options, net income increased 33 percent on a year-over-year basis to $27.6 million.

Worldwide sales revenue advanced 26 percent to $2.93 billion compared with $2.33 billion in the third quarter of 1995. Sales figures for the third quarter of 1995 were significantly affected by the introduction of Microsoft Windows 95. Worldwide sales revenue, excluding the effect of Windows 95 revenue, would have increased 44 percent from an adjusted base of $2.04 billion in the 1995 third quarter.

For the first nine months of 1996, net income was $77.6 million, an increase of 38 percent compared with $56.2 million for the same period in 1995. Excluding the cumulative non-cash compensation charge for the nine months, net income would have increased 47 percent to $83.0 million.

Worldwide sales revenue for the first nine months of 1996 increased 40 percent to $8.47 billion compared with $6.07 billion for the same period in 1995. Excluding the effect of Windows 95, worldwide sales revenue would have increased 47 percent from an adjusted base of $5.78 billion for the first three quarters of 1995.

Ingram Micro Inc., headquartered in Santa Ana, Calif., is the world's largest wholesale distributor of technology products and services, with 1995 sales of $8.62 billion. The company operates in 19 countries and distributes more than 36,000 products to over 100,000 resellers in 120 countries.

For more information about Ingram Micro's third-quarter earnings, see the Consolidated Balance Sheet, Consolidated Statement of Income and Consolidated Statement of Cash Flows. You'll need Adobe Acrobat to view this document.

Contact:

Kirsten Frosh
Media Relations
Ingram Micro Inc.
(714) 566-1000 ext. 22727

Kim Strohm
Investor Relations
Ingram Micro Inc.
(714) 566-1000 ext. 24400