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CDW Corporation Announces Pricing Of Public Offering By Selling Stockholders

VERNON HILLS, Ill., Nov. 13, 2013 (GLOBE NEWSWIRE) -- CDW Corporation (Nasdaq:CDW) today announced the pricing of a public offering of 15,000,000 shares of its common stock held by selling stockholders at a price of $20.50 per share. The underwriters have a 30-day option to purchase up to an additional 2,250,000 shares of common stock from the selling stockholders at the public offering price, less underwriting discounts. CDW Corporation will not receive any of the proceeds from the sale of the shares of common stock. The offering is expected to close on November 19, 2013.

J.P. Morgan Securities LLC, Barclays Capital Inc. and Goldman, Sachs & Co. are serving as joint book‑running managers in the offering. Additional book-running managers are Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC. Robert W. Baird & Co. Incorporated, William Blair & Company, L.L.C., Needham & Company, LLC, Stifel, Nicolaus & Company, Incorporated, Lebenthal & Co., LLC and The Williams Capital Group, L.P. are also acting as managing underwriters of the offering.

CDW Corporation filed a registration statement on Form S-3ASR relating to this offering on November 8, 2013, which was effective upon filing. This offering is being made only by means of a prospectus. Copies of the preliminary prospectus and, when available, copies of the final prospectus related to the offering may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling (866) 803-9204; or from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling (888) 603-5847 or emailing Barclaysprospectus@broadridge.com; or from Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, or by calling (866) 471-2526 or by emailing prospectus-ny@ny.email.gs.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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