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To: Zeev Hed who wrote (7878)	6/1/1999 3:01:00 PM
From: BlueCheap	Respond to of 10921

All American Semiconductor Announces One-For-Five Reverse Tuesday June 1, 12:01 pm Eastern Time Company Press Release All American Semiconductor Announces One-For-Five Reverse Stock Split MIAMI--(BUSINESS WIRE)--June 1, 1999--All American Semiconductor, Inc. (Nasdaq:SEMI - news), a leading national distributor of electronic components, today announced that a one-for-five reverse stock split of its outstanding shares of common stock was approved at the annual meeting of shareholders of the Company held on June 1, 1999. The reverse stock split will be effective for trading in the Company's new common stock at the opening of trading on Wednesday, June 2, 1999. With the completion of the reverse stock split the Company will now have approximately 3,969,463 shares of common stock, $.01 par value, outstanding (including 32,141 shares held by a wholly-owned subsidiary of the Company), without taking into account the rounding up to the nearest whole share of any fractional interests resulting from the reverse stock split. All American is recognized as the nation's 6th largest distributor of semiconductors and the 15th largest electronic components distributor overall. The Company has offices in 32 strategic locations throughout North America. Contact: All American Semiconductor, Inc. Bruce M. Goldberg, CEO Howard L. Flanders, CFO 305/621-8282 x 1417