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                                                                    EXHIBIT 99.1

                                  NEWS RELEASE

      This release contains certain forward-looking statements, which are
    subject to a number of risks and uncertainties. Some factors that could
   cause actual results to differ materially include: business conditions and
     growth in the contract manufacturing industry and the general economy;
 variability of operating results; dependence on a limited number of customers;
     limited availability of components; dependence on certain industries;
          variability of customer requirements; and other risk factors
       described in the company's most recently filed SEC documents such
                        as the Form 10-K, filed 12/7/98.

                    JABIL CIRCUIT SIGNS LETTER OF INTENT TO
                           ACQUIRE GET MANUFACTURING

St. Petersburg, FL - August 5, 1999-- Jabil Circuit, Inc. (NYSE: JBL) today
announced it has signed a non-binding letter of intent to acquire GET
Manufacturing Inc, a privately held, China-based electronics manufacturing
services provider. Headquartered in Hong Kong, GET has principle manufacturing
operations in China, with additional sites in Mexico and California.

The purchase price of $250 million will be paid in Jabil common stock and is
expected to be accounted for under U.S. GAAP as a pooling-of-interests. The
transaction is expected to close by August 31, 1999 and is not expected to be
materially accretive to earnings in the first year.

"The acquisition of GET provides Jabil an immediate and very solid foundation
in China, satisfying an important strategic objective of our Company.
Additionally, GET has 30 years of profitable operations in China, a solid
customer base without overlap to Jabil's, a complete product assembly
competence including a substantial injection molding infrastructure, and a
management team focused on quality execution," said Tim Main, President, Jabil
Circuit, Inc.

China is forecasted to be the largest national market for important target
industry sectors, including telecommunications, over the next four years. "We
believe that possessing an outstanding capability in China will be key to fully
exploiting these opportunities in the years to come. Acquiring GET gives us the
outstanding capability we need, immediately, in a low risk way," said Main. "We
look forward to swift completion of the acquisition and to welcoming GET
employees to the Jabil family."

Founded in Hong Kong, GET Manufacturing pioneered electronics manufacturing in
Hong Kong and southern China. The company currently has one million square feet
of manufacturing operations located in Shenzhen, Dan Shui and Panyu, China;
Hong Kong; with smaller operations in Tijuana, Mexico and Mountain View,
California. All six manufacturing operations are ISO 9002-certified. The
company employs approximately 5000 employees.

"We believe the combination of GET and Jabil will provide a substantially
enhanced solution for our current and future customers. The complementary
aspects of global expansion, customer base and the future growth of the overall
industry make this a powerfully synergistic combination. We are enthused that
the combined operations will create a dynamic, global manufacturing force,"
said Roger Nordby, President and CEO, GET Manufacturing, Inc.

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                                  ( M O R E )
Jabil Signs Letter of Intent to Acquire GET Manufacturing
Add One
August 5, 1999

THIS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS BASED ON CURRENT EXPECTATIONS
THAT INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES. WHILE THE COMPANIES HAVE
EXECUTED A LETTER OF INTENT, THERE IS NO ASSURANCE THAT THE PARTIES WILL CLOSE
THE TRANSACTION OR THAT THE TRANSACTION WILL OTHERWISE BE A SUCCESS. IN THE
EVENT THAT THE COMPANIES FAIL TO SATISFY CONDITIONS FOR CLOSING, THE
TRANSACTION COULD TERMINATE. NO ASSURANCE CAN BE GIVEN THAT THE TRANSACTION
WILL CLOSE.

ABOUT JABIL CIRCUIT
Jabil Circuit, Inc. is an electronic manufacturer of circuit board assemblies
and systems for communications, personal computers, peripherals, automotive and
consumer products. Jabil offers circuit design, board design from schematic,
prototype assembly, volume board assembly and system assembly services from
automated manufacturing facilities in Florida, Michigan, California, Scotland,
Malaysia and Mexico. Information about Jabil can be found on the World Wide Web
at http://www.jabil.com.

ABOUT GET MANUFACTURING
GET Manufacturing, Inc. is a global leader in the electronic manufacturing
services (EMS) industry, offering comprehensive, vertically-integrated
solutions from design and sub-assembly to the end product and distribution and
support services. GET serves customers in the telecommunications,
internetworking, office equipment, medical instruments, computer peripherals
and industrial controls industries from manufacturing locations in California,
Mexico, Hong Kong and China. http://www.getm.com.







CONTACT: Beth Walters, (727) 577-9749 or Beth_Walters @ jabil.com

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