ARROW ELECTRONICS, INC. — Director's Dealing 2004

Mar 2, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2004-02-27

Reporting Person: SCHEIHING BETTY JANE (Senior Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-27	Employee Benefit Stock Option Plan	$24.60	A	12000	Acquired	2014-02-27	Common Stock (12000)	Direct

Footnotes

F1: Right to buy granted under the Arrow Electronics, Inc. Stock Option Plan.

F2: Award of stock options granted under the Arrow Electronics, Inc. Stock Option Plan.