"We are delighted to receive this recognition from Arrow for 2007. It is a result of a mutual commitment and focus at all levels in our companies to accelerate demand creation, make necessary inventory investments, and flawlessly fulfill existing and new growth opportunities in the marketplace, " said Pete Venuto, Vice President of Sales. "Arrow continues to be a valuable part of our sales channel as we continue with our core strategy of product innovation and diversification for new and exciting market segments."

For more information, contact AVX at 801 17th Avenue South, Myrtle Beach, S.C. 29578; by calling 843-448-9411, by fax at 843-444-2864 or on the Web at www.avx.com.

About AVX

AVX Corporation is a leading international supplier of electronic passive components and interconnect solutions with 24 manufacturing and customer support facilities in 15 countries around the world. AVX offers a broad range of devices including capacitors, resistors, filters, timing and circuit protection devices and connectors. The company is publicly traded on the New York Stock Exchange (NYSE:AVX).

SOURCE: AVX Corporation

AVX Corporation
Gary Baker, 843-946-0601
Director, WW Sales Communications
gbaker@avxus.com
or
BtB Marketing
Garth Miller, 919-872-8172
gmiller@btbmarketing.com

With more than 445 facilities and 4,600 employee associates across North America, Applied Industrial Technologies is an industrial distributor that offers more than 3 million parts critical to the operations of MRO and OEM customers in virtually every industry. In addition, Applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. For its fiscal year ended June 30, 2007, Applied posted sales of $2.0 billion. Applied can be visited on the Internet at http://www.applied.com .

SOURCE Applied Industrial Technologies

http://www.applied.com

Expected next investor conference call information:
Conference Call Date: 8/8/2008
Conference Call Time: 3:00 PM
Conference Call URL: http://www.b2i.us/Profiles/Investor/Calendar.asp?BzID=1112

Expected next dividend:
Dividend Announcement Date: 7/10/2008
Dividend Record Date: 8/15/2008
Dividend Pay Date: 8/29/2008
Dividend Amount: 0.15

Expected next dividend:
Dividend Announcement Date: 7/10/2008
Dividend Record Date: 8/15/2008
Dividend Pay Date: 8/29/2008
Dividend Amount: 0.15