Tech Data Corporation Announces Pricing of $350M Notes Offering

Tech Data Corporation(Nasdaq: TECD), a leading distributor of technology products, today announcedthe pricing of its public offering of $350,000,000 aggregate principal amountof 3.750% Senior Notes due 2017. The offering is expected to close on or aboutSeptember 21, 2012.Tech Data expects to receive net proceeds from this offering of approximately$346 million, after deducting underwriting discounts and estimated offeringexpenses. Tech Data intends to use the net proceeds to fund the previouslyannounced agreement to acquire the shares of several distribution companiesbelonging to Specialist Distribution Group, the distribution arm of SpecialistComputer Holdings PLC, a privately-held IT services company headquartered inthe United Kingdom. Tech Data intends to use any remaining net proceeds forgeneral corporate purposes.