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Wesco Agrees to Buy RS Electronics

PITTSBURGH — WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, announced today that a subsidiary of WESCO Distribution, Inc. has entered into a definitive agreement to acquire RS Electronics headquartered in Livonia, Michigan.

Closing is expected to occur in January 2012. RS Electronics is a leading North American distributor of electronic and electrical products serving primarily the industrial, medical equipment, automotive and contract manufacturing end markets. RS Electronics has eight branches located in the Mid-west and Southeast with forecasted 2011 sales of approximately $60 million.

Mr. John J. Engel, WESCO's Chairman and Chief Executive Officer stated, “We are very pleased to announce the acquisition of RS Electronics. Along with our acquisitions of Carlton Bates Company in 2005 and AA Electric in 2008, RS Electronics expands our industrial OEM customer base and electronic-based product offerings. The acquisition is expected to be accretive to earnings by at least $0.04 per diluted share in the first year of operation.”

Mr. Howard Taxe, RS Electronics' President commented, “WESCO is an outstanding organization and we are very pleased to be joining their team. Our combination with WESCO provides growth opportunities for our employees and additional resources and programs for our customers.”

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