Seagate and ASBIS Celebrate 15 Years of Successful Distribution Partnership

Limassol (Cyprus), June 21, 2007 – ASBISc Enterprises Plc (ASBIS), a leading supplier of computer components to the EMEA emerging markets, and Seagate Technology, the worldwide leader in the design, manufacture and marketing of hard disc drives, celebrate 15 successful years of collaboration in distribution of storage products.

The partnership between the two companies began on June 12, 1992, when ASBIS, which was then engaged in small-scale HDD production for former Soviet republics, signed its first ever distribution agreement with a global IT vendor. From that moment, ASBIS has focused on sales, marketing and channel development for Seagate’s hard disc drives across all countries of the former Soviet Union, Central and Eastern Europe, Middle East and North Africa.

“I want to take this opportunity to send the whole ASBIS team all over Europe personal thanks for a very productive cooperation during the past 15 years”, said Hans-Dieter Blaser, Executive Director, EMEA Sales and Marketing at Seagate. “ASBIS has always been a very professional and pleasant company to work with. It is one of the best distributors in this industry – with great people on board. On behalf of Seagate I wish everybody at ASBIS all the best for at least the next 15 years and I am looking forward to continued mutual success.”

“The longevity of the Seagate-ASBIS partnership and the brilliant results it has produced is a testament to the vision, dedication and hard work of the people involved”, said Siarhei Kostevitch, ASBIS’ CEO and founder. “Seagate’s R&D expertise, product engineering excellence, robust processes, thoughtful attitude to channel partners, and, above all, human touch have made Seagate a highly valued partner over the past 15 years. Seagate's unparalleled support has helped ASBIS to develop and grow to become a significant player in the global IT supply chain. I wish our partners at Seagate many years of growth and prosperity”.

Over the years, Seagate has repeatedly acknowledged the successful nature of this partnership by naming ASBIS The Most Successful Seagate Distributor in Eastern Europe and the Former Soviet Union, #1 Distributor in the Former Soviet Union, and Fibre Channel Champion. The sales of Seagate products in the region covered by ASBIS have been on the rise ever since the beginning of cooperation.

About Seagate Technology

Seagate (NYSE: STX) is the worldwide leader in the design, manufacture and marketing of hard disc drives, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions. Seagate's business model leverages technology leadership and world-class manufacturing to deliver industry-leading innovation and quality to its global customers, and to be the
low cost producer in all markets in which it participates. The company is committed to providing award-winning products, customer support and reliability to meet the world's growing demand for information storage. Seagate can be found around the globe and at www.seagate.com.

About ASBIS

ASBISc Enterprises PLC (LSE: ASB.L) specialises in the distribution of IT products from worldwide leading manufacturers such as Intel, Seagate, Hitachi, Microsoft, Samsung, AMD, and Toshiba. ASBIS has four master distribution centers which supply products for in-country operations across emerging markets of EMEA. Central purchasing, online B2B platform, international experience of corporate management and the local expertise of country teams, together with an intimate knowledge of Eastern Europe have allowed ASBIS to forge a premier position in this region and has also enabled it to penetrate the emerging markets of EMEA quickly and cost-effectively. As a result, ASBIS is now one of the largest distributors of IT components and the only company able to distribute to the vast majority of countries in Eastern Europe. ASBIS has more than 700 employees, over 14000 customers and annual revenues at record level in excess of US$ 1 billion (2006). For more information, visit the company's website at www.asbis.com.

Contact:

Victor Lukyanov
PR Manager
ASBISc Enterprises Plc.
Victor.Lukjanov@asbis.net
+375 17 2147762 (ext.227)