February 16, 1999

Toshiba Sponsors 1999 Senior Golf Classic

Hoag Heart Center to Benefit from Proceeds

FOR IMMEDIATE RELEASE

IRVINE, Calif., February 16, 1999-Toshiba America Electronic Components, Inc. (TAEC) and Toshiba America Information Systems, Inc., Computer Systems Division (TAIS CSD) are teaming up for the fifth consecutive year with Hoag Memorial Hospital Presbyterian to sponsor the Toshiba Senior Golf Classic. The event will be held March 8-14, 1999 at the Newport Beach Country Club in Newport Beach. Proceeds from this year's event will benefit Hoag Heart Institute as well as the Deacon Jones Foundation, which provides inner-city youths with one-on-one mentoring, job training and scholarships.

"Toshiba has brought 3, 6 and 10GB capacities to the market at a time of peak demand without compromising quality or reliability," said Amy Lian, business development director for hard disk drives, TAEC. "With the introduction of this product family, Toshiba continues to lead the market in providing hard disk drive solutions for a broad range of mobile users to meet a variety of computing demands."

"As one of the most successful fund-raising events on the Senior PGA Tour, it is an honor to serve as title sponsor," said Atsutoshi Nishida, president of TAIS. "Sponsoring the Toshiba Senior Classic provides us with an opportunity to give to Orange County charities in need of funding. These charities preserve and enhance the quality of life for thousands in need of personal attention and medical assistance."

"Toshiba America Electronic Components is proud to give back to the community in which we do business through events like the Toshiba Senior Classic," said Bob Brown, president and chief operating officer of TAEC. "Our sponsorship over the past five years has allowed us to positively impact the lives of people here in our community through the various organizations that have benefited from our support."

Since it began in 1994, the Toshiba Senior Golf Classic has brought the Senior PGA Tour to Orange County. This year, 78 Senior PGA Tour professionals, led by defending champion Hale Irwin, will return to the Newport Beach Country Club. Also participating in the event are golf legends such as Lee Trevino, Dave Stockton, Bob Murphy, Billy Casper, Larry Nelson, Gary Player, Chi Chi Rodriguez, Gil Morgan and Gary McCord.

The support gained by Hoag through this prestigious tournament, Hoag Heart Month, and the events of the Heart Institute has stemmed from an 11 year partnership with the Toshiba companies of Southern California. "We would like to thank Toshiba for their financial support and long-standing dedication," said Michael Stephens, president and chief executive officer, Hoag Hospital. "Thanks to the selfless efforts and time put forward by our sponsors, the Toshiba Senior Classic is successful in raising funds and community awareness for the primary beneficiaries of this event."

The Toshiba Senior Golf Classic is one of the most successful fund-raising events on the Senior PGA Tour and raised more than $700,000 last year. With a purse valued at $1.2 million, proceeds from this year's event are expected to exceed last year's. Ticket prices range from $12 for a single day to $100 for the entire week with grounds and clubhouse access. Coverage of the event can be seen on ESPN Friday, March 12 through Sunday, March 14.

About Toshiba America Electronic Components, Inc.
Toshiba America Electronic Components, Inc. (TAEC) is the North American design, manufacturing, marketing and sales arm of Toshiba Corporation, a global technology innovator. TAEC is recognized as a leading supplier of semiconductor, electronic component and storage solutions. The company delivers technology solutions that enable OEMs to develop advanced integrated products for the computing, networking, communications and digital consumer markets. In fact, its technology offerings account for more than 30 percent of the total possible components used in desktop and portable computers. By continuing to develop leading-edge solutions that cost-effectively meet the emerging needs of the design engineering community, TAEC keeps its customers in touch with tomorrow. For additional information, please visit TAEC's web site at, http://www.toshiba.com/taec.

About Toshiba America Information Systems, Inc.
Toshiba continues to be the world's leading vendor for portable computers with 17.2 percent market share worldwide in Q3 '98 according to International Data Corp. The company offers portable, desktop and server computing solutions for business customers under the Toshiba brand name. For dealer referral and product literature, call 1-800-TOSHIBA, or visit the company's World Wide Web site at http://www.toshiba.com.

Headquartered in Irvine, Calif., with annual sales of approximately $3 billion, TAIS is comprised of nine divisions which manufacture and market a wide range of business and information-oriented products in the United States and Latin America and one wholly owned subsidiary which operates a network of copier/fax dealers. Products include portable and desktop computers; monitors; PC servers; plain-paper copiers; facsimile systems; voice mail systems; digital business telephone systems; toner products; systems solutions for the cable industry; digital cameras and network systems.

TAIS is an independent operating company, owned by Toshiba America, Inc., a subsidiary of the $44 billion Toshiba Corp., the sixth largest electronics and electrical equipment manufacturer, and the world's 37th largest corporation in terms of sales. Toshiba Corporation is a world leader in high-technology products with 315 major subsidiaries and affiliates worldwide.

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