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NYSEBHE
Benchmark Electronics Completes Acquisition of the Thailand and UK Operations Of ACT Manufacturing, Inc.
PRNewswire-FirstCall
ANGLETON, Texas

Benchmark Electronics, Inc. today announced that it has completed the previously announced acquisition of ACT Manufacturing Thailand Public Company Limited (Thailand) and ACT Manufacturing UK Ltd. (UK) for $45.2 million.

As previously announced, Benchmark Electronics expects the transaction to result in annual revenues of between $180 million and $200 million. On that basis, the transaction is currently expected to be slightly accretive to Benchmark's 2002 earnings, before any one-time transaction and related charges.

This news release contains certain forward-looking statements within the scope of the Securities Act of 1933 and the Securities Exchange Act of 1934. The words "expect," "estimate," "anticipate," "predict," and similar expressions, and the negatives of such expressions, are intended to identify forward-looking statements. Although the Company believes that these statements are based upon reasonable assumptions, such statements involve risks, uncertainties and assumptions, including but not limited to industry and economic conditions, customer actions and the other factors discussed in Benchmark's Form 10-K for the year ended December 31, 2001 and its other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated.

Benchmark Electronics, Inc. is in the business of manufacturing electronics and provides its services to original equipment manufacturers of telecommunication equipment, computers and related products for business enterprises, video/audio/entertainment products, industrial control equipment, testing and instrumentation products and medical devices. Benchmark's global operations include facilities in seven countries. Benchmark's Common Stock trades on the New York Stock Exchange under the symbol BHE.

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SOURCE: Benchmark Electronics, Inc.

CONTACT: Gayla J. Delly, Chief Financial Officer of Benchmark
Electronics, Inc., +1-979-849-6550

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