Nov 10, 1999

Seagate Promotes Patrick O'Malley to Senior Vice President, Finance, Manufacturing Operations

SCOTTS VALLEY, Calif. - Seagate Technology Inc. (NYSE:SEG) today announced the appointment of Patrick J. O'Malley to the position of senior vice president, Finance, Manufacturing Operations. O'Malley will be responsible for financial issues relating to production and manufacturing strategies at Seagate's factories in the Americas, Europe and Asia Pacific. He will report to Charles Pope, chief financial officer and executive vice president.

"As Seagate continues to focus on developing and implementing advanced manufacturing processes and moves closer towards its goal of creating the factory of the future, Pat's financial skills and industry experience will provide the Company with a sound, mature perspective that will further strengthen our financial position and overall business strategy," said Pope. "Pat has consistently played a key role in many different aspects of the Company's financial operations and I believe in this expanded position, Pat will have the opportunity to utilize his diverse skill set and bring innovative, new ideas to our organization."

O'Malley joined Seagate in 1988 as senior financial analyst and during the last eleven years has held various management roles within the finance organization including manager of Consolidation and Cost Accounting; senior director, Finance, for Oklahoma City Operations; senior director, Finance, for Desktop Design; and vice president, Finance, for the Recording Media Operations. Prior to Seagate, O'Malley spent four years as a senior staff accountant for Arthur & Young in San Jose, California.

O'Malley holds a bachelor of business administration from the University of Notre Dame.

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Seagate Technology, Inc. is a leading provider of technology and products enabling people to store, access, and manage information. The Company is committed to providing best-in-class products to help people get information when, where and how they want it. Seagate is the world's largest manufacturer of disc drives, magnetic discs and read-write heads, an innovator in tape drives, and a leading developer of Enterprise Information Management software. For automated news, stock and financial information by phone, dial toll-free 877-SEG-NYSE. Outside the U.S. and Canada, dial 760-704-4368.

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