Please direct your media and public relations inquiries to: mediarelations@cdw.com 800-800-4CDW CDW Provides Update on Share Repurchases Second Quarter 2002 Results Scheduled for July 17, 2002 VERNON HILLS, Ill. - June 27, 2002 - CDW Computer Centers, Inc. (Nasdaq:CDWC), a leading provider of technology products and services, today announced that it has purchased a total of 1,571,876 shares of Company stock during the current quarter. These shares were purchased under its previously announced share repurchase plan at an aggregate price of $72.8 million (an average share price of approximately $46.31). "We've repurchased over one percent of our shares this quarter. This is a reflection of the confidence our Board of Directors and management have in CDW's successful operating model and ongoing business prospects," said John A. Edwardson, CDW's chairman and chief executive officer. In January 2001, CDW's Board of Directors approved the repurchase of up to 5 million shares of Company stock. To date, the Company has repurchased approximately 4.4 million of its shares under this repurchase program. The amount and timing of any future purchases will be determined based on market conditions. The Company will release its second quarter 2002 results on Wednesday, July 17, 2002 at 4:30 p.m. Eastern Daylight Time (EDT). On July 17, 2002 at 5:00 p.m. EDT, management will review these results during a conference call. This conference call will be available on a live Webcast - in listen-mode only - on the Company's Web site at CDW.com and through streetevents.com. An audio replay of the call will be available approximately two hours after the event on streetevents.com until July 31, 2002. About CDW CDW® (Nasdaq: CDWC), ranked No. 414 on the Fortune 500, is a leading provider of technology solutions for businesses, government agencies and educational institutions nationwide. CDW is a principal source of technology products and services from top name brands such as Cisco, Compaq, Computer Associates, Hewlett-Packard, IBM, Intel, Microsoft and Toshiba. CDW distributes contracts to end users for customized and standardized on-site services supplied directly by providers such as Compaq Global Services and DecisionOne and for training programs provided by firms such as KnowledgeNet and Productivity Point International CDW was founded in 1984 as a home-based business and today employs more than 2,800 coworkers whose efforts generated net sales of approximately $4 billion in 2001. CDW's direct model offers one-on-one relationships with highly trained account managers; purchasing by fax, telephone, the company's award-winning www.cdw.com Web site or customized CDW@work™ extranets; custom configured solutions and same day shipping; flexible financing solutions; and phone and online technical support, with more than 100 factory-trained and A+ certified technicians on staff.