Oct 27, 2003

Seagate Technology To Webcast Annual Shareholder Meeting

SCOTTS VALLEY, Calif. - Seagate Technology (NYSE: STX) today announced it will webcast its first annual shareholder's meeting scheduled for Wednesday, October 29, 2003. In addition to voting on the items in the Proxy Statement, members of Seagate's executive management team will provide a business overview and perspective about the company's operating results.

The meeting can be accessed from Seagate's homepage at www.seagate.com beginning at 10 a.m. Pacific Time.

Seagate is the worldwide leader in the design, manufacturing and marketing of hard disc drives, providing products for a wide-range of Enterprise, PC, Notebook, 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.

Seagate and Seagate Technology are registered trademarks of Seagate Technology LLC.