Sep 18, 1997

Seagate Finance Organization Announces Three Vice President Appointments

Seagate Technology, Inc. (NYSE:SEG) today announced the promotions of James P. Anderson and Kathleen M. Snouffer to vice president, Finance, Singapore Operations and vice president, Finance, Drive Design Centers, respectively. Additionally, Stephen P. Sedler has joined the company as vice president of Taxes.

"Finance and tax matters continue to play a role of major importance in domestic and international business, and understanding the intricacies of the issues involved can be critical to a company's success," said Donald L. Waite, executive vice president and chief financial officer of Seagate Technology. "Jim, Kathy and Steve have more than 60 years combined experience in financial and tax management and are intimately familiar with the financial issues facing corporations today. We believe they are each uniquely qualified to manage their respective worldwide finance functions at Seagate."

Anderson joined Seagate in 1989 through the Imprimis acquisition. During his career with Seagate, he has held several positions within the Finance organization including senior director, Finance Worldwide Services, and senior director, Corporate Financial Planning and Analysis. Anderson joined Control Data Corporation (later Imprimis) in 1979, and before that, worked with International Multifoods as senior internal auditor. Anderson holds a Bachelor of Science degree in Accounting from Concordia College and a Masters of Arts degree in Business from the University of Minnesota. He became a Certified Internal Auditor in 1978.

Snouffer, bringing over 19 years financial experience to her new position, began working with Control Data Corporation in 1978 and joined Seagate through the Imprimis acquisition in 1989 as manager, Financial Planning and Analysis. She has held several management positions at Seagate, including senior director, Finance, Twin Cities Operations and executive director, Finance, High Performance Design Centers. Snouffer earned a Bachelor of Science degree in Accounting from the University of Minnesota.

Sedler joins Seagate from KPMG Peat Marwick LLP in Palo Alto, California. Prior to that, he spent eight years as tax director for Conner Peripherals in San Jose, California, where his responsibilities included foreign legal administration and management of all tax aspects for the company and its subsidiaries. Sedler's career also includes management positions with Signetics Corporation and Peat, Marwick, Mitchell and Co., where he began his tax career. Sedler holds a bachelor's degree in Psychology from Stanford University, Stanford, California and a masters in Accounting from Arizona State University in Tempe, Arizona. Sedler is also a Certified Public Accountant since 1975.

Seagate Technology, Inc. (NYSE:SEG) is a leading provider of technology and products enabling people to store, access, and manage information. Seagate is committed to providing best-in-class products to help people get their information when, where and how they need it. Seagate is the world's largest manufacturer of disc drives, magnetic discs and read-write heads, a market leader in tape drives, and a leading developer of software for information availability, access and analysis. With nearly $9 billion in revenues for its 1997 fiscal year, Seagate can be found around the globe and on the World Wide Web at http://www.seagate.com.

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