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    Vision, Mission & Values


INGRAM MICRO RECEIVES SHAREOWNER APPROVAL FOR EQUITY INVESTMENT IN ELECTRONIC RESOURCES LTD.

Santa Ana, Calif., and Singapore, Dec. 24, 1997
Ingram Micro Inc., the world's leading wholesale distributor of technology products and services, announced today that it has completed the minority equity ownership investment in Electronic Resources Ltd. (ERL), Asia's leading electronic components distributor.

Under the terms of the agreement, Ingram Micro has purchased 21 percent of the outstanding shares from ERL's two largest individual shareowners, with an option to acquire 8.4 percent more shares through April 30, 1999. In conjunction with the joint equity investment, Ingram Micro entered into agreements to provide ERL with technical and information technology management services. In addition, ERL shareowners elected David R. Dukes, vice chairman of Ingram Micro, and Gregory M. Spierkel, president of Ingram Micro Asia-Pacific, to its board of directors.

About ERL
ERL was founded in Singapore in 1985 and went public in 1993. In April 1997, ERL was elevated to the main board of the Stock Exchange of Singapore, and it trades under the symbol ER. The company is one of the largest distributors of electronic components -- including semiconductors -- and computer peripherals in the Asia-Pacific region, and has a presence with 46 offices in 10 countries, including Thailand, Malaysia, Indonesia, Australia, New Zealand, Hong Kong, the People's Republic of China, India, Singapore and Vietnam.

About Ingram Micro Inc.
Ingram Micro Inc. (NYSE: IM), headquartered in Santa Ana, Calif., is the world's largest wholesale distributor of technology products and services, and a leading provider of assembly and integration services, with 1996 sales of $12 billion. The company and its affiliates operate in 32 countries and distributes more than 145,000 products to more than 100,000 resellers in 120 countries.

Contacts:

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





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