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Ariba Honors Newark with 2009 Spend Management Excellence Award

CHICAGO and LONDON-May 28, 2009 – Premier Farnell plc (LSE:pfl), the leading multi-channel, high service distributor supporting millions of engineers and purchasing professionals worldwide, has announced today that Newark, a division of Premier Farnell, has received a 2009 Ariba Spend Management Excellence Award for being an Ariba Supplier Network pioneer. Newark, who has been at the forefront of e-solutions for its customers, was recognized onstage during a special awards ceremony at Ariba LIVE 2009 World Tour in Chicago on May 19th. Spend Management solutions use web based cutting-edge technology to align organizations, processes, and systems to analyze, source, contract, procure, pay, manage and continuously improve global supply for best-value performance in support of the strategic objectives of the business.

"The 2009 Spend Management Excellence Award winners each demonstrated unique leadership, vision and commitment in applying leading-edge spend management solutions and techniques," said Tim Minahan, Chief Marketing Officer, Ariba. "We are pleased to recognize these companies for their ability to drive positive and profound change within their organizations and the procurement industry at large."

The winners were selected by an independent panel of judges with representatives from Supply & Demand Chain Executive, CPO Agenda, Aberdeen Group and AMR Research.

"We are very pleased to receive this award", said Dianne Kibbey, Global Head of Portals and eProcurement, Premier Farnell. "Through our business partnership, we have raised the bar on the capabilities and services we can offer to our mutual customers that are driving spend management".

Newark and Farnell, businesses of Premier Farnell are industry leaders in eProcurement solutions. Since its first implementation in 1999, Premier Farnell has invested in innovative solutions and processes to transform its businesses and gain competitive advantages. An Ariba Ready Platinum supplier with a global team of eProcurement experts, Premier Farnell supports customers around the world to achieve their objectives on spend management.

From left to right; Yvette Sledge, Andre Rego, Dianne Kibbey Issac Rajendran, and Kate Facklam of Newark.

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About Ariba:
Ariba, Inc. is the leading provider of on-demand spend management solutions. Our mission is to transform the way companies of all sizes, across all industries, and geographies operate by delivering software, service, and network solutions that enable them to holistically source, contract, procure, pay, manage, and analyze their spend and supplier relationships. Delivered on demand, our enterprise-class offerings empower companies to achieve greater control of their spend and drive continuous improvements in financial and supply chain performance. More than 1,000 companies, including more than half of the companies on the Fortune 100, use Ariba solutions to manage their spend from sourcing and orders through invoicing and payment. For more information, visit www.ariba.com.

About Premier Farnell:
Premier Farnell plc (LSE:pfl) is a leading high service, multi-channel distributor of electronic, and industrial products and specialist services throughout Europe, the Americas and Asia Pacific. It goes to market with a differentiated value proposition, world-class marketing, a stocked range of 450,000+ products, and access to 4,000,000 more items from 3,500 top manufacturers.  The company has group sales of £823.1m and over 4,100 employees globally.

While global in scope, Premier Farnell recognizes the individual needs of each market and has continued to internationalize its model accordingly, trading locally under different brand names. Its primary electronics businesses trade as Farnell in the UK, India, Europe, Australia and New Zealand, Newark in the US, Canada and Mexico, and Premier Electronics in China and Hong Kong. In Singapore, Malaysia, and Brazil the operation is known as Farnell Newark. 

For more information visit the website at www.PremierFarnell.com.

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