INGRAM MICRO TO ACQUIRE TT MICROTRADING IN FINLAND

TT Microtrading, a subsidiary of the Finnish Tieto Group, is primarily a software distributor, and the largest Microsoft distributor in Finland with 1996 revenue of 137 million Finnish Mark.

Phil Ellett, president of Ingram Micro Europe, said, "We are very excited about this agreement which establishes Ingram Micro's commitment to key Northern European markets and solidly positions us for rapid growth in the region."

He continued, "TT Microtrading is a sound and well-established company and a respected player in the Finnish market place. The acquisition reinforces Ingram Micro's commitment to profitable growth and our objective of expanding the Nordic market to better serve our customers and manufacturers throughout Europe. We are looking forward to welcoming the more than 30 new associates to the Ingram Micro team."

Said Martti Leino, managing director of TT Microtrading: "TT Microtrading now moves from the hands of one good master to another. The Tieto Group has provided us with an excellent opportunity to reach the position we hold today as well as great trust even in the most challenging times. Our new owner is prepared to develop our business and to support our highly skilled staff to ensure that they will meet the ever increasing requirements of our special field."

Matti Lehti, president and CEO of The Tieto Group, added, "The strategy of Tieto is to concentrate on expert services with high added value. Giving up TT Microtrading will free resources for the rapidly growing core business and improve the relative profitability of the Group. As Tieto has already previously given up PC trade, TT Microtrading has been the only profit center outside the Group's core business. As part of Ingram Micro, the successful TT Microtrading will have good preconditions to continue its positive development."

About The Tieto Group
The Tieto Group, which is quoted on the Finnish stock exchange, is the largest IT company in Finland with revenues of 2.05 billion Finnish Mark in 1996 and more than 4,000 employees in 12 countries. The Tieto Group is the leading information technology service company in Finland, focusing on industry specific expert services with high added value, offering its customers professional, processing, network and software services.

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 operates in 20 countries and distributes more than 48,000 SKUs to more than 100,000 resellers in 120 countries.

Contact:

Asger Falstrup Ingram Micro Inc. Denmark (45) 45 16 55 03