Celestica recognizes suppliers with its 2007 Total Cost of Ownership Supplier Awards

    Awards recognize suppliers who help Celestica deliver the most flexible
    and responsive supply chain to its customers

    TORONTO, June 10 /CNW/ - Celestica Inc. (NYSE, TSX: CLS), a global leader
in the delivery of end-to-end product lifecycle solutions, today announced the
winners of its 2007 Total Cost of Ownership (TCOO(TM)) Supplier Awards. The
awards honour suppliers who embrace Celestica's innovative approach to supply
chain management and best support Celestica in the delivery of end-to-end
product lifecycle solutions that accelerate its customers' success.
    The award winners demonstrate excellence in quality, delivery,
technology, service, pricing and flexibility. Celestica is pleased to
congratulate the 2007 TCOO Supplier Award recipients:

    -   Best TCOO Score Award:           Kemet Corporation
    -   Best Ring Score Award:           Texas Instruments
    -   Most Improved TCOO Score:        Opnext
    -   Innovative Award:                E2open
    -   Execution Award:                 ON Semiconductor
    -   Flexibility Award:               Guang Dong Ellington Electronics
                                         Technology Co., Ltd
    -   Best Indirect Services Award:    Lenovo Canada Inc.
    -   Most Technical Compliant Award:  Best Ideal Limited
    -   Best Regional TCOO Score
        -  Americas:                     xpedx
        -  Asia:                         CymMetrik (Shenzhen) Printing Co.,
        -  Europe:                       Z Studio, spol s r.o.

    In addition, Celestica would like to recognize the following honourees who
made a significant contribution to its supply chain goals in 2007:

    -   TCOO Score Award category: Tyco Electronics Corporation, Molex
    -   Ring Score Award category: Arrow Electronics Inc., Samtec Inc.
    -   Improved TCOO Score Award category: TK International (BVI) Limited,
        Cooper Bussmann
    -   Technical Compliance Award category: Gold Circuit Electronics Ltd.,
        Murata Electronics

    This marks the second year of Celestica's TCOO Supplier Awards program.
The program aligns with Celestica's Ring strategy which focuses on shortening
lead times through enhanced supplier proximity, as well as its TCOO supply
chain strategy which helps customers deliver high-quality products to market
quickly and at the lowest total cost. Celestica's TCOO system is designed to
calculate the true cost to produce, deliver and support products and services
beyond the supplier invoice price. As such, it considers the following
supplier attributes:

    Quality:     Delivering superior products and services
    Delivery:    Providing products and services at the right time, in the
                 right quantity and at the right price
    Technology:  Utilizing the best information, product manufacturing and
                 delivery technologies
    Service:     Placing the customer as the number one priority and ensuring
                 communication across every step of the process
    Pricing:     Delivering competitive pricing based on volume purchasing
                 through global procurement
    Flexibility: Responding to customers' market demands for product, service
                 and solution delivery worldwide

    "By building long-term relationships with suppliers who exemplify our
Total Cost of Ownership philosophy, we are transforming the supply chain and
giving our customers the flexibility they need to overcome any challenge,"
said John Boucher, Executive Vice President, Supply Chain Management Solutions
and Chief Procurement Officer, Celestica. "I am pleased to congratulate the
2007 TCOO Supplier Award winners and thank them for supporting our supply
chain strategy and for contributing to our end-to-end product lifecycle
    For more information on Celestica's TCOO Supplier Awards, please visit

    About Celestica

    Celestica is dedicated to delivering end-to-end product lifecycle
solutions to drive our customers' success. Through our simplified global
operations network and information technology platform, we are solid partners
who deliver informed, flexible solutions that enable our customers to succeed
in the markets they serve. Committed to providing a truly differentiated
customer experience, our agile and adaptive employees share a proud history of
demonstrated expertise and creativity that provides our customers with the
ability to overcome any challenge.
    For further information on Celestica, visit its website at
    The company's security filings can also be accessed at
http://www.sedar.com and http://www.sec.gov.

    Celestica Safe Harbour and Fair Disclosure Statement
    This news release contains forward-looking statements related to our
future growth, trends in our industry, our financial and or operational
results, and our financial or operational performance. Such forward-looking
statements are predictive in nature, and may be based on current expectations,
forecasts or assumptions involving risks and uncertainties that could cause
actual outcomes and results to differ materially from the forward-looking
statements themselves. Such forward-looking statements may, without
limitation, be preceded by, followed by, or include words such as "believes,"
"expects," "anticipates," "estimates," "intends," "plans," or similar
expressions, or may employ such future or conditional verbs as "may", "will",
"should," or "would," or may otherwise be indicated as forward-looking
statements by grammatical construction, phrasing or context. The risks and
uncertainties referred to above include, but are not limited to: variability
of operating results among periods; inability to retain or grow our business
due to execution problems resulting from significant headcount reductions,
plant closures and product transfer associated with major restructuring
activities; the effects of price competition and other business and
competitive factors generally affecting the EMS industry; the challenges of
effectively managing our operations during uncertain economic conditions; our
dependence on a limited number of customers; our dependence on industries
affected by rapid technological change; the challenge of responding to
lower-than-expected customer demand; our ability to successfully manage our
international operations; and delays in the delivery and/or general
availability of various components used in the manufacturing process. Our
forward looking statements are also based on various assumptions by
management, which management believes are reasonable under the current
circumstances, but may prove to be inaccurate and many of which may involve
factors that are beyond the control of the Company. The material assumptions
may include assumptions regarding the following: general economic and market
conditions; currency exchange rates; product pricing levels and competition;
customer demand; supplier performance and pricing; operational and financial
matters; technological developments; and the execution of our restructuring
plan. These assumptions are based on management's current views with respect
to current plans and events, and are and will be subject to the risks and
uncertainties referred to above. These and other risks, uncertainties, factors
and assumptions are discussed in the Company's various public filings at
www.sedar.com and www.sec.gov, including our Form 20-F and subsequent reports
on Form 6-K filed with the Securities and Exchange Commission. Forward-looking
statements are provided for the purpose of providing information about
management's current expectations and plans relating to the future. Readers
are cautioned that such information may not be appropriate for other purposes.
    We disclaim any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.

    %SEDAR: 00010284E

For further information:

For further information: Pam White, Manager, External Communications,
Celestica, (416) 448-2200, pamw@celestica.com

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