Seagate Technology Board of Directors Appoints Chairman Stephen J. Luczo as President...

Seagate Technology Board of Directors Appoints Chairman Stephen J. Luczo as
President & Chief Executive Officer

SCOTTS VALLEY, Calif., Jan. 12 /PRNewswire-FirstCall/ -- Seagate Technology
(Nasdaq: STX) today announced that its Board of Directors has unanimously
appointed Stephen J. Luczo, the Company's Chairman, as President and Chief
Executive Officer, effective immediately. Mr. Luczo will continue to serve as
Chairman of the Board of Directors.

Mr. Luczo succeeds William D. Watkins as Chief Executive Officer. Mr. Watkins
will be advising Mr. Luczo in order to ensure a smooth transition. In
addition, Messrs. Luczo and Watkins will confer over the next week to
determine what role, if any, Mr. Watkins will have at the Company going
forward.

"We are fortunate to have a leader of Steve's vision and experience," said
Lydia M. Marshall, Lead Independent Director and Chair of the Nominating and
Corporate Governance Committee. "Steve's significant understanding of
Seagate's business and technology, and the customer and employee relationships
that he built over his 15 year career at Seagate make Steve the ideal person
to lead our Company at this time."

Mr. Luczo said, "Seagate is a strong company and we are making measurable
progress toward regaining our longstanding product leadership position across
all markets. I look forward to working closely with Seagate's talented
employees around the world to build upon our success and accelerate the
improvements we are making in our business."

On behalf of Seagate's Board of Directors, Mr. Luczo added, "I want to take
this opportunity to thank Bill Watkins for his commitment to Seagate. Since
first joining Seagate more than 12 years ago, Bill has made many significant
contributions to our Company through his dedication, knowledge and
leadership."

Mr. Luczo has held various senior management positions at Seagate over the
last 15 years. He currently serves as the Company's Chairman of the Board, a
position he has held since June 2002. He served as Chief Executive Officer of
Seagate's predecessor, Seagate Technology, Inc., from July 1998 until July
2004. During this time, Mr. Luczo successfully led the Company's
privatization in 2000 and subsequent public offering in 2002, and Seagate
announced some of the most important new products in the Company's history.
Mr. Luczo joined Seagate in October 1993 as Senior Vice President of Corporate
Development and later served as President and Chief Operating Officer from
September 1997 until being appointed CEO.

As previously announced, the Company will report fiscal second quarter
financial results on Wednesday, January 21, 2009 after the close of the
market. The Company will host a conference call for the investment community
at 2:00 p.m. Pacific Time on January 21, 2009.

About Seagate
Seagate is the worldwide leader in the design, manufacture and marketing of
hard disk drives and storage solutions, providing products for a wide-range of
applications, including Enterprise, Desktop, Mobile Computing, Consumer
Electronics and Branded Solutions. Seagate's business model leverages
technology leadership and world-class manufacturing to deliver
industry-leading innovation and quality to its global customers, with the goal
of being the time-to-market leader in all markets in which it participates.
The company is committed to providing award-winning products, customer support
and reliability to meet the world's growing demand for information storage.
Seagate can be found around the globe and at http://www.seagate.com.

Seagate, Seagate Technology, and the Wave logo are trademarks or registered
trademarks of Seagate Technology LLC or its affiliates in the United States
and/or other countries. All other trademarks or registered trademarks are the
property of their respective owners.

SOURCE Seagate Technology

Media Relations, Julie Still, +1-831-439-2276, julie.still@seagate.com, or
Investor Relations, Rod Cooper, +1-831-439-2371, rod.cooper@seagate.com, both
of Seagate Technology