Apr 28, 2003

Donald Kiernan Named To Seagate Technology Board Of Directors

SCOTTS VALLEY, Calif. - Seagate Technology (NYSE:STX), the world's leading hard disc drive supplier, today announced it has named Donald Kiernan, former senior executive vice president and chief financial officer of SBC Communications, to its Board of Directors and as chairman of the Audit Committee.

During his 11-year tenure at SBC, Kiernan was responsible for all financial affairs, which included business planning, accounting, tax matters, auditing, investment management, financing, and investor and shareholder relations.

"Don brings a unique perspective to the Seagate Board," said Seagate chairman and chief executive officer Steve Luczo. "In particular, he will be a valuable asset to our Audit Committee, further strengthening our commitments to fiscal responsibility and corporate governance."

Prior to joining SBC, Kiernan spent 20 years in public accounting as an auditor, consultant and practice executive. He was a partner with Ernst & Young, where he held several positions, including head of the firm's management consulting practice in Florida and as an audit-coordinating partner and managing partner of its St. Louis office.

Kiernan serves on the boards of LaBranche and Company, Inc, Health Management Associates, Inc., Horace Mann Educators Corporation, and Viad Corporation. His professional memberships include the American Institute of CPAs and the Financial Executives Institute.

Kiernan holds a B.S. degree from Boston College and an MBA from Florida State University. He also served as a Surface Warfare Officer in the U.S. Navy.

Seagate is the worldwide leader in the design, manufacturing and marketing of hard disc drives for Enterprise, PC and Consumer Electronics applications. The Company is committed to delivering award-winning products, customer support and reliability, to meet the world's growing demand for information storage. Seagate can be found around the globe and at www.seagate.com.

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