Fitch Withdraws Ratings for Tech Data

CHICAGO -- (BUSINESS WIRE) -- Fitch Ratings has affirmed and simultaneously withdrawn the following ratings for Tech Data Corporation (Tech Data):

--Issuer Default Rating (IDR) at 'BB+';

--$500 million senior unsecured credit facility at 'BB+';

--$350 million 2.75% senior unsecured convertible debentures at 'BB+'.

Tech Data plans to redeem its $350 million senior secured convertible debentures in December 2011.

Fitch has withdrawn the aforementioned ratings for business reasons. The ratings are no longer relevant to the agency's coverage.

Additional information is available at 'www.fitchratings.com'. The ratings above were unsolicited and have been provided by Fitch as a service to investors.

Applicable Criteria and Related Research:

--'Corporate Rating Methodology', dated Aug 12, 2011;

--'Evaluating Corporate Governance', dated Dec. 16, 2010;

--'Rating Global Technology Companies Sector Credit Factors', dated Sept. 20, 2010.

Applicable Criteria and Related Research:

Corporate Rating Methodology

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=647229

Evaluating Corporate Governance

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=581405

Rating Global Technology Companies - Specific Rating Factors

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=543285

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