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Bell Micro Gets Waivers

SAN JOSE, Calif. -- Bell Microproducts
Inc. (Nasdaq:BELM) today announced that it has received waivers under
all of the Company's major lending agreements. Wachovia Capital Finance
Corporation, Wachovia Bank, Bank of America, and the Retirement Systems
of Alabama, have all agreed to waive the company's obligation to
provide audited financial statements through September 30, 2008, and,
where applicable, the requirement that the Company remain listed on
NASDAQ.

W. Donald Bell, President and Chief Executive Officer of Bell
Microproducts, said, "We appreciate that our lenders value our
long-term relationships and are supportive of us during this period as
we work diligently to regain compliance with all of our filing
requirements."

Bell Microproducts