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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001157523-04-007725.txt : 20040813
<SEC-HEADER>0001157523-04-007725.hdr.sgml : 20040813
<ACCEPTANCE-DATETIME>20040813113126
ACCESSION NUMBER:		0001157523-04-007725
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040810
ITEM INFORMATION:		Other events
FILED AS OF DATE:		20040813

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARROW ELECTRONICS INC
		CENTRAL INDEX KEY:			0000007536
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		IRS NUMBER:				111806155
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04482
		FILM NUMBER:		04972468

	BUSINESS ADDRESS:	
		STREET 1:		25 HUB DR
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
		BUSINESS PHONE:		5163911300

	MAIL ADDRESS:	
		STREET 1:		50 MARCUS DR
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a4701621.txt
<DESCRIPTION>ARROW ELECTRONICS 8-K
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15 (d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

        Date of Report (Date of earliest event reported): August 10, 2004

                             ARROW ELECTRONICS, INC.
               (Exact Name of Registrant as Specified in Charter)


            NEW YORK                    1-4482                11-1806155
  (State or Other Jurisdiction     (Commission File         (IRS Employer
        of Incorporation)               Number)          Identification No.)

      50 MARCUS DRIVE, MELVILLE, NEW YORK                11747
   (Address of Principal Executive Offices)            (Zip Code)

       Registrant's telephone number, including area code: (631) 847-2000

                                       N/A

          (Former Name or Former Address, if Changed Since Last Report)


Item 5.     Other Events and Regulation FD Disclosure.

     On August 13, 2004, the Registrant issued a press release announcing that
it had settled a claim for the payment of French value-added tax against its
French subsidiary, Tekelec SA, and will record an acquisition indemnity credit
in the third quarter for the difference between the amount previously reserved
for the claim and the amount of the settlement. A copy of the press release is
attached hereto as an Exhibit (99.1).

     The information in this 8-K, including the exhibit attached hereto, is
furnished and shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that Section and shall not be deemed incorporated by reference
into any registration statement or other document filed pursuant to the
Securities Act of 1933, as amended, except as shall be expressly set forth by
specific reference in such a filing.

                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        ARROW ELECTRONICS, INC.


                                        By:  /s/ Peter S. Brown
                                            ----------------------
                                             Name:  Peter S. Brown
                                             Title: Senior Vice President
Date:  August 13, 2004

<PAGE>

                                  EXHIBIT INDEX

The following exhibit is furnished herewith:

Exhibit        Description
- -------        -----------

99.1        Press release issued by Arrow Electronics, Inc., dated
            August 13, 2004, announcing that it had settled a claim
            for the payment of French value-added tax against its
            French subsidiary, Tekelec SA, and will record an acquisition
            indemnity credit in the third quarter for the difference
            between the amount previously reserved for the claim and the
            amount of the settlement.

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a4701621ex99.txt
<DESCRIPTION>EXHIBIT 99.1 PRESS RELEASE
<TEXT>
                                                                    Exhibit 99.1

Arrow Electronics Settles French VAT Claim

    MELVILLE, N.Y.--(BUSINESS WIRE)--Aug. 13, 2004--Arrow Electronics,
Inc. (NYSE: ARW) announced that it has settled a claim against its
French subsidiary, Tekelec SA ("Tekelec"), in respect of French
value-added tax.
    In 2003, Arrow reserved EUR 11.3 million ($13.9 million at the
exchange rate prevailing on August 12, 2004) for the full amount of a
claim asserted by the French tax authorities relating to alleged
fraudulent activities concerning value-added tax by Tekelec. The
alleged activities occurred prior to Arrow's purchase of Tekelec from
Tekelec Airtronic SA ("Airtronic") in 2000. An agreement (the
"settlement agreement") has been reached with the French tax
authorities pursuant to which Tekelec will pay EUR 3.4 million ($4.2
million at the exchange rate prevailing on August 12, 2004) in full
settlement of this claim. Tekelec did not receive the consent of
Airtronic to the settlement agreement. Arrow will record an
acquisition indemnification credit of EUR 7.9 million ($9.7 million at
the exchange rate prevailing on August 12, 2004) ($.08 per share based
on the shares outstanding on August 12, 2004) in the third quarter of
2004 in connection with the settlement.
    Arrow Electronics is a major global provider of products,
services, and solutions to industrial and commercial users of
electronic components and computer products. Headquartered in
Melville, New York, Arrow serves as a supply channel partner for more
than 600 suppliers and 150,000 original equipment manufacturers,
contract manufacturers, and commercial customers through a global
network of more than 200 locations in 41 countries and territories.

    Safe Harbor

    The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. This press release
contains forward-looking statements that are subject to certain risks
and uncertainties which could cause actual results or facts to differ
materially from such statements for a variety of reasons including,
but not limited to: industry conditions, changes in product supply,
pricing, and customer demand, competition, other vagaries in the
computer and electronic components markets, changes in relationships
with key suppliers, the effects of additional actions taken to lower
costs, the ability of the company to generate additional cash flow and
the other risks described from time to time in the company's reports
to the Securities and Exchange Commission (including the company's
Annual Report on Form 10-K and Quarterly Reports on Form 10-Q).
Forward-looking statements are those statements, which are not
statements of historical fact. You can identify these forward-looking
statements by forward-looking words such as "expects," "anticipates,"
"intends," "plans," "may," "will," "believes," "seeks," "estimates,"
and similar expressions. Shareholders and other readers are cautioned
not to place undue reliance on these forward-looking statements, which
speak only as of the date on which they are made. The company
undertakes no obligation to update publicly or revise any
forward-looking statements.

    CONTACT: Arrow Electronics
             Ira M. Birns, 631-847-1657 - Vice President and Treasurer
             or
             Paul J. Reilly, 631-847-1872 - Vice President and Chief Financial
                                            Officer

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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