CELESTICA RECOGNIZES AVX CORPORATION WITH FIFTH YEAR GLOBAL SUPPLIER AWARD

AVX honored with Global Supplier Award for supply chain management from Celestica, a world leader in electronics manufacturing services (EMS)

AV823 For more information, contact:
Craig Hunter, AVX Strategic Marketing Manager
843-946-0601 hunterc@avxcorp.com

Paige Parker, BtB Marketing Communications
919-872-8172 paige@btbmarketing.com

AVX honored with Global Supplier Award for supply chain management
CELESTICA RECOGNIZES AVX CORPORATION WITH FIFTH YEAR GLOBAL SUPPLIER AWARD

MYRTLE BEACH, S.C. (PRWEB) August 15, 2003 - AVX Corporation, a leading manufacturer of advanced electronic components, has received a Partners in Performance award for the fifth consecutive year from Celestica, a world leader in electronics manufacturing services (EMS). AVX was the only passive component supplier to receive the fifth-year distinction.

Celestica has presented the honors to select suppliers for the last five years. Merits were given in recognition of outstanding achievements and support of Celesticas electronics manufacturing services goals.

"We are very proud to be recognized by an industry leader like Celestica," said Pete Venuto, vice president of sales for AVX Corporation. "Customer satisfaction is vital for our business. This recognition of AVXs dedication, quality and industry leadership for the fifth consecutive year makes it an extremely significant accomplishment."

The Partners in Performance awards are given to suppliers based on their ability to support Celesticas supply chain management objectives in the following areas: flexibility and responsiveness, impact on asset management, effectiveness and efficiency and overall supplier performance.

"Celestica would like to recognize AVX Corporation for their consistent support of Celesticas values and beliefs. For five consecutive years, AVX has demonstrated their dedication, quality and leadership, enabling Celestica to deliver seamless electronics manufacturing services to its customers," said Karlheinz Totz, senior vice president and chief procurement officer, Celestica. "I would like to take this opportunity to thank AVX for their shared commitment and contribution to Celesticas success in the EMS industry."

For more information, contact AVX Sales & Marketing, at 801 17th Avenue South, Myrtle Beach, S.C. 29578; by calling 843-946-0414, by fax at 843-626-5186 or on the Web at www.avxcorp.com.

AVX Corporation is a leading international electronic supplier of components with worldwide manufacturing facilities, offering the worlds broadest selection of passive electronic components. The company is publicly traded on the New York Stock Exchange (NYSE: AVX).

For further information on AVX, visit www.avxcorp.com on the Web.

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