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To: Wizzer who wrote (3513)	2/4/1999 3:28:00 PM
From: NTT	Respond to of 62348

Watch on GLP (TSE. NR from today: TORONTO, Feb. 4 /CNW/ - At the request of The Toronto Stock Exchange, Globelle Corporation (''Globelle''), a distributor of micro-computer and related products, announced today that it was approached by and is in preliminary discussions with a third party with respect to a transaction involving the acquisition of the outstanding shares of Globelle. A special committee of the board of directors has been established with respect to these discussions. Globelle is a distributor of micro-computer products including notebooks, servers, desk-top computers, disk drives, monitors, terminals, printers, communication products, local area networks and software products. The Company has operations in Canada, the United States, the United Kingdom and Israel. The common shares are traded on the Toronto Stock Exchange under the symbol GLP. -30- For further information: E. Duff Scott, Chairman of the Board, Telephone (416) 971-4446

To: Wizzer who wrote (3513)	2/4/1999 3:29:00 PM
From: NTT	Read Replies (1) \| Respond to of 62348

Followup to GLP. Internal memo at Globelle. I don't know if you can extract any useful info from this: From President >>> Ron Austin 02/04 2:56 PM >>> If you are reading this, you have seen today's press release regarding a possible acquisition of Globelle. I would like to add more information to what you see in the press release, however, I am not in a position to do so, at this time. We are a public company. Anything I tell you has to be released to the general public at the same time. I am committed to keeping you fully informed. and will announce more information, as soon as it is appropriate to do so. In the meantime.... please focus on the job ahead of us: secure as much profitable business as you can. Regards ..... Ron