Jabil Begins Trading on New York Stock Exchange

5 May 1998
St. Petersburg, Florida

Jabil Circuit, Inc. announced that its Common Stock begins trading today on the New York Stock Exchange (NYSE). The Company stock will trade under the symbol "JBL." The Company will attend the official closing of the NYSE today at 4 p.m. EST.

"This is a significant next step for Jabil," said Thomas Sansone, president of Jabil Circuit. "We believe that the architecture of the NYSE marketplace will allow the Company´s stock to trade in a more stable fashion and that this move will broaden our exposure to the international investment marketplace."

"We're delighted to welcome Jabil Circuit to the New York Stock Exchange," said Richard A. Grasso, chairman and CEO. "As a leader in the design and manufacturing of electronic circuit boards and systems, Jabil Circuit joins a prestigious list of companies, among them many other technology leaders, whose shares enjoy worldwide visibility and liquidity that only the NYSE's auction market can provide."

Jabil Circuit traded on the NASDAQ National Market System under the symbol "JBIL" since April 1993, when the Company completed its initial public offering.

About Jabil

Jabil Circuit, Inc. is an electronic manufacturer of circuit board assemblies and systems for communications, personal computers, peripherals, automotive and consumer products. Jabil offers circuit design, board design from schematic, prototype assembly, volume board assembly and system assembly services from automated manufacturing facilities in Florida, Michigan, California, Scotland, Malaysia and Mexico.