ST. PETERSBURG, Fla., Nov 25, 2008 (BUSINESS WIRE) --
As previously disclosed, the Securities and Exchange Commission (the
"SEC") notified Jabil Circuit, Inc. (JBL:

Jabil Circuit Inc

JBL 6.24,
+0.37,
+6.3%)
, a global electronic
product solutions company, on May 2, 2006 of the SEC's inquiry
concerning Jabil's historical stock option grant practices.
Subsequently, Jabil provided the SEC with information regarding Jabil's
recognition of revenue for certain historical transactions. Jabil and
its officers and directors fully cooperated with the SEC in the SEC's
inquiry.

Jabil announced that it had received a letter from the SEC Division of
Enforcement advising that the Division had completed its investigation
and did not intend to recommend that the SEC take any enforcement action.

About Jabil

Jabil is an electronic product solutions company providing comprehensive
electronics design, manufacturing and product management services to
global electronics and technology companies. Jabil helps bring
electronics products to the market faster and more cost effectively by
providing complete product supply chain management around the world.
With approximately 75,000 employees and facilities in 22 countries,
Jabil provides comprehensive, individualized-focused solutions to
customers in a broad range of industries. Jabil common stock is traded
on the New York Stock Exchange under the symbol, "JBL". Further
information is available on the company's website: jabil.com.

This news release may contain forward-looking statements. The
statements in this news release are based on current expectations,
forecasts and assumptions involving risks and uncertainties that could
cause actual outcomes and results to differ materially. These
risks and uncertainties include, but are not limited to the risks,
relevant factors and uncertainties identified in our Annual Report on
Form 10-K for the fiscal year ended August 31, 2008 and our other
securities filings. Jabil disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise.

SOURCE: Jabil Circuit, Inc.

Jabil Circuit, Inc., St. Petersburg 
Investor & Media Contact: 
Beth Walters, Vice President, 
Investor Relations & Communications, 727-803-3511 
beth_walters@jabil.com