ARROW ELECTRONICS, INC. — Director's Dealing 2008

May 12, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2008-05-12

Reporting Person: DUVAL DANIEL W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-12	Common Stock	M	2000	$27.50	Acquired	26200	Direct
2008-05-12	Common Stock	S	2000	$28.00	Disposed	24200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-12	Non-Employee Directors Plan Stock Option (right to buy)	$27.50	M	2000	Disposed	2008-05-14	Common Stock (2000)	Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2008