Dell Special Committee Issues Statement on Offers from Carl Icahn, Southeastern

The Special Committee of the Board of Dell Inc.

today issued the following statement regarding a non-binding proposal it has received from Carl Icahn and Southeastern Asset Management: “Mr. Icahn and Southeastern have outlined a potential leveraged recapitalization transaction that they want the Dell Board either to recommend at this time or to consider if the existing going-private transaction is rejected by Dell shareholders. They have also proposed replacing the Board with a slate of new directors who they say would approve such a transaction. Consistent with the Special Committee's goal of achieving the best possible outcome for all shareholders, we and our advisors are carefully reviewing the potential transaction to assess the potential risks and rewards to the public shareholders.”