Avnet Electronics Marketing Named Distributor of the Year for the Americas by Fairchild Semiconductor

Avnet Recognized for Outperforming the Market in 2008

PHOENIX -- Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), has been named Distributor of the Year for the Americas by Fairchild Semiconductor®. The award recognizes Avnet as a significant contributor to Fairchild’s success and outstanding sales performance in the Americas region during calendar year 2008.

As a global leader in delivering energy-efficient power analog and power discrete solutions, Fairchild is one of Avnet’s earliest franchised lines. The two companies joined forces 50 years ago, when Fairchild signed one of its earliest distribution agreements with Avnet. Together, the two have built a strategic partnership that spans five decades and provides leading-edge semiconductor technology solutions to customers throughout North America.

“We’re pleased to recognize Avnet’s outstanding sales performance in the Americas during 2008,” said Mark Norman, Fairchild’s vice president, Worldwide Distribution. “Their ability to outperform the market shows their determination to provide customers with power-efficient solutions, design support, inventory management and competitive pricing. We look forward to continuing this successful relationship with Avnet.”

“Avnet is honored to be recognized as a significant contributor to Fairchild’s success in the Americas semiconductor market over the past year,” said Jeff Ittel, senior vice president of semiconductors for Avnet Electronics Marketing Americas. “Fairchild has a history of leading-edge innovation in this area, and I am proud to accept this award on behalf of the entire Avnet team. We hope our efforts will continue to add value for both Fairchild and our mutual customers in the future.”