INGRAM MICRO'S REGISTRATION STATEMENT FOR ZERO COUPON CONVERTIBLE SENIOR DEBENTURES DUE 2018 DECLARED EFFECTIVE

SANTA ANA, Calif., July 24, 1998
Ingram Micro Inc. (NYSE:IM) announced today that it has been notified by the Securities and Exchange Commission that its registration statement relating to the resale by holders of its $1,330,000,000 aggregate principal amount at maturity of Zero Coupon Convertible Senior Debentures due 2018 and the shares of Class A Common Stock issuable upon conversion thereof was declared effective on July 23, 1998.

The debentures were originally issued by Ingram Micro in a private placement on June 9, 1998, to certain qualified institutional investors in transactions exempt from registration under the Securities Act of 1933, as amended, and the registration statement was required under the terms of that issuance.

Holders of debentures may sell debentures pursuant to the prospectus constituting a part of the registration statement only if they have been included as selling security holders in a prospectus supplement to the prospectus.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

Ingram Micro, headquartered in Santa Ana, Calif., is the world's leading wholesale distributor of technology products and services, and a leading provider of assembly and integration services, with 1997 sales of more than $16.5 billion. The company and its affiliates operate in 31 countries, distributing more than 145,000 products to more than 100,000 resellers in 120 countries.