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Anixter International Inc. Announces a $350 Million, 7-Year Senior Notes Offering by Anixter Inc.

GLENVIEW, Ill. April 24, 2012 $350 million

Anixter International Inc. will fully and unconditionally guarantee the notes, which will be unsecured obligations of Anixter Inc. The net proceeds will be used to pay down outstanding debt under the company’s receivable securitization program and short term borrowings, as well as provide additional liquidity for maturing indebtedness and for general corporate purposes.

The offering will be made under Anixter Inc.’s shelf registration statement.

www.sec.gov Charlotte, North Carolina

About Anixter

$1 billion Chicago

Safe Harbor Statement

This news release may contain various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Exchange Act, which can be identified by the use of forward-looking terminology such as "believes," "expects," "intends," "anticipates," "contemplates," "estimates," "plans," "projects," "should," "may" or similar expressions, including the negative thereof, or other December 30, 2011

We undertake no obligation to update these forward-looking statements as a result of any events or circumstances after the date made or to reflect the occurrence of unanticipated events.

Additional information about Anixter is available on the Internet at

www.anixter.com

SOURCE Anixter International Inc.

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