ARROW ELECTRONICS, INC. — Director's Dealing 2007

Mar 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2007-03-01

Reporting Person: MILLS KAREN G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-01	Common Stock	M	15000	$27.8125	Acquired	17600	Direct
2007-03-01	Common Stock	S	15000	$38.25	Disposed	2600	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-01	Non-Employee Directors Plan Stock Option (right to buy)	$27.8125	M	15000	Disposed	2007-05-15	Common Stock (15000)	Direct