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AVX Receives Award from Frost & Sullivan

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AVX Corp.
P.O. Box 867
Myrtle Beach, SC, 29578
USA



Press release date: June 2, 2008

Frost & Sullivan Honor AVX with 2008 Global Capacitor Company of the Year Award

MYRTLE BEACH S.C. (June 2, 2008) -- AVX Corporation, a leading manufacturer of advanced electronic components and interconnect solutions, has received the 2008 Global Capacitor Company of the Year Award from Frost & Sullivan, a global growth consulting company that empowers clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. The Global Capacitor Company of the Year Award is based on numerous criteria including business development, competitive strategy, customer satisfaction and leadership in the industry.

"The Frost & Sullivan Award for Company of the Year is presented each year to the company that has demonstrated unparalleled excellence within its industry. This year, we happily honor AVX Corporation," said Frost & Sullivan Analyst Abhigyan Sengupta. "AVX exhibits consistent growth, offers high-quality products, and has a positive social and economic impact on local and national communities. AVX has proven itself as experts in adjusting to market changes by capturing and solidifying market presence, and through execution of innovative strategies within the existing competitive landscape."

AVX's product innovations have significantly impacted the capacitor market in recent years. The BestCap® electronic double-layered capacitor (EDLC), OxiCap niobium oxide capacitors, and the land grid array (LGA) ceramic capacitor are examples of AVX's dedication to advancing product and manufacturing technologies.

"Receiving the 2008 Frost & Sullivan Award for Company of the Year in the World Capacitor Market shows the value of AVX's product portfolio and our commitment to serving the needs of customers," said John Gilbertson, AVX Chief Executive Officer and President.

About AVX AVX Corporation is a leading international supplier of electronic passive components and interconnect solutions with 22 manufacturing and customer support facilities in 14 countries around the world. AVX offers a broad range of devices including capacitors, resistors, filters, timing and circuit protection devices and connectors. The company is publicly traded on the New York Stock Exchange (NYSE:AVX).

About Frost & Sullivan Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.awards.frost.com.

For more information, contact AVX at 801 17th Avenue South, Myrtle Beach, S.C. 29578; by calling 843-448-9411; by fax at 843-444-2864; or on the Web at www.avx.com.

Garth Miller Public Relations Executive BtB Marketing Communications, Inc. 900 Ridgefield Drive, Suite 270 Raleigh, NC 27609 P: 919.872.8172 F: 919.872.8875 gmiller@btbmarketing.com www.btbmarketing.com

For more information, contact: Gary Baker Director, WW Sales Communications 843-946-0601 gbaker@avxus.com
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