Jabil Announces Quarterly Dividend

22 January 2008
St. Petersburg, FL

Forward - Looking Statement

St. Petersburg, FL – January 22, 2008 – Jabil Circuit, Inc. (NYSE: JBL), a global electronic product solutions company, today announced that its Board of Directors has approved payment of a quarterly dividend to shareholders of record as of February 15, 2008. The dividend of $0.07 per share is payable on March 3, 2008.

The Company intends to continue to pay regular quarterly dividends; however the declaration and payment of future dividends are discretionary and will be subject to determination by the Board of Directors each quarter following its review of the Company's financial performance.

Investor & Media Contact:
Beth Walters
Vice President, Investor Relations
Jabil
(727) 803-3349
investor_relations@jabil.com

This news release contains forward-looking statements, including those regarding our closing the subsequent merger with Taiwan Green Point, Taiwan Green Point operating as an independent business unit and our marketing our integrated services and other statements.  These statements are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially.  These risks and uncertainties include, but are not limited to: our ability to successfully address the challenges associated with integrating the acquisition; our ability to take advantage of perceived benefits of offering customers our expanded services after the acquisition; the finalization of our fiscal year 2006 financial statements and the audit thereof and the results of the review of our past stock option grants being conducted by a Special Committee of our Board and Governmental Authorities and the review of historical recognition of certain revenues by our Audit Committee; whether our announced realignment of certain of our capacities will adversely affect our cost structure, ability to service customers and labor relations; our ability to take advantage of perceived benefits of offering customers vertically integrated services; our ability to effectively address certain operational issues that have adversely affected certain of our operations; changes in technology; competition; managing rapid growth; risks associated with international sales and operations; retaining key personnel; our dependence on a limited number of large customers; business and competitive factors generally affecting the electronic manufacturing services industry, our customers and our business; other factors that we may not have currently identified or quantified; and other risks, relevant factors and uncertainties identified in our Annual Report on Form 10-K for the fiscal year ended August 31, 2005, subsequent Reports on Form 10-Q and Form 8-K and our other securities filings. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.