Michael Dell and Silver Lake Announce Extension of Proposal Deadline Until 9 A.M. On August Second

Michael Dell and Silver Lake today announced that Denali Holding Inc. has delivered the following letter to the Special Committee of Dell Inc. extending their best and final offer to acquire the company to August 2. They remain interested in moving forward and welcome the Special Committee to review and accept this proposal, which they believe is in the best interest of the shareholders. The full text of the letter is as follows: Denali Holding Inc. July 24, 2013 Special Committee of the Board of Directors of Dell Inc. c/o Debevoise & Plimpton LLP 919 Third Avenue New York, New York 10022 Attention: Jeffrey J. Rosen Dear Members of the Special Committee: In light of your decision to adjourn the special meeting of shareholders of Dell Inc. to August 2, 2013, we hereby extend the best and final proposal set forth in our July 23, 2013 letter until 9:00 a.m., Central time, on August 2, 2013, unless further extended in writing by us in our sole discretion. No legally binding obligation will be created on any person with respect to this proposal unless and until a mutually acceptable definitive amendment to the merger agreement has been entered into by the parties. We look forward to your response. Sincerely, DENALI HOLDING INC. By:_/s/______________________ Name: Egon Durban By:_/s/______________________ Name: Michael S. Dell