SEAGATE UNVEILS ONE TERABYTE HARD DRIVES AMID EXPLOSIVE GROWTH OF DIGITAL
CONTENT

SCOTTS VALLEY, Calif., — June 25, 2007 — Seagate (NYSE: STX) today
announced 1 terabyte (TB) hard drives that deliver an industry-leading
combination of capacity, performance and reliability for a wide range of
enterprise and desktop PC applications as rampant growth of digital content
continues worldwide.

This explosive growth of digital content in the home and the office is
driving demand for massive amounts of hard drive storage. Businesses and
consumers are generating and consuming staggering volumes of digital
content — from high-definition video, music, blogs and podcasts, to
Computer Assisted Design (CAD) and other large graphics files, critical
business records, archived emails, and database and file server data.
Seagate is focused on delivering the industry’s most advanced hard drives
to satisfy the world’s growing need for digital content, from the home to
the hand to the car and the office.

“The need for high-capacity storage in enterprise networks and home
entertainment centers is almost insatiable,” said John Monroe, a research
vice president at Gartner. “Historians may consider the shipment of 1TB
drives as a watershed event for the industry but users will consider such
devices commonplace. We believe 1TB (and larger) drives will become
‘standard equipment’ in, on or near virtually every television set in the
world as well as in a variety of multi-user environments.”

As the industry’s only second-generation desktop and enterprise
perpendicular magnetic recording (PMR) hard drives, the Barracuda 7200.11
and Barracuda ES.2 deliver 1TB of capacity, 7,200-rpm spin speeds, average
seek times of 8.5ms, caches up to 32MB and Seagate’s industry-leading
five-year limited warranty. Seagate’s newest hard drives pack 1TB of data
on just four discs to provide cool operating temperatures and low power
consumption, which help extend drive life.

The Flagship of High-Capacity Enterprise Storage — Barracuda ES.2

The Barracuda ES.2 is a newly designed product optimized for demanding
business-critical and nearline enterprise storage environments including:
networked and tiered storage solutions, reference/compliance storage,
disc-to-disc backup and restore, archiving solutions, rich media content
storage and collaboration.

The Barracuda ES.2 hard drive’s robust new features stand out in
performance, reliability, capacity, and energy efficiency. Among them is
its new RVFF (Rotational Vibration Feed Forward) system, designed to
sustain performance in densely-packed multi-drive systems. The Barracuda
ES.2 also boosts reliability with an industry-best unrecoverable error rate
that is 10 times better than desktop class drives and a 1.2 million hour
Mean Time Between Failure at full 24 x 7 data availability.

With the introduction of the Barracuda ES.2, Seagate is first to provide
customers with a SAS interface option in addition to SATA. SAS offers
greater levels of reliability, data integrity and performance for
business-critical and nearline enterprise environments. The choice of SATA
or SAS also enables greater system-design and integration flexibility for
solution builders and OEMs.

“EqualLogic’s customers have an insatiable demand for increasing capacities
and high performance in their networked storage solutions,” said John
Joseph, vice president of Marketing at EqualLogic. “Seagate’s strategy of
offering a SAS or SATA version of a 1TB disk drive demonstrates leadership
in recognizing that customers want high performance and high capacity disks
for enterprise storage. Serving both needs with a single interface like SAS
simplifies technology design decisions and customer choices.”

Seagate’s new PowerTrim technology is integrated into the Barracuda ES.2
and dynamically manages drive power consumption at all levels of activity.
With PowerTrim, the Barracuda ES.2 addresses the IT dilemma facing
energy-constrained data centers by delivering a 20% reduction in overall
drive power consumption and a best-in-class 55% reduction in
watts-per-gigabyte.

Desktop Storage — Barracuda 7200.11

Award-winning Barracuda hard drives are the industry standard for computing
applications ranging from mainstream, high-performance and gaming PCs to
workstations and desktop RAID. Now with over 42 million PMR Seagate drives
already shipped, the proven technology and components of the 11th
generation Barracuda 7200-Series hard drive enables Seagate to deliver
high-volume shipments of the 1TB drive with the highest levels of quality
and reliability — essential in ensuring long drive life.

“Seagate is a valued and trusted supplier to Nor-Tech, and has always
maintained the highest levels of field-proven reliability with consistent
product delivery,” said David Bollig, president of Nor-Tech. “We look
forward to enhancing our portfolio of offerings using Seagate’s new
Barracuda drives that will offer even more choice and value for Nor-Tech’s
customers.”

The Barracuda 7200.11 stands alone in performance among high-capacity
desktop hard drives, with category-leading 105MB/s sustained transfer rate
— the highest ever. And with a low power rating of 8 watts at idle, the
Barracuda 7200.11 is not only energy-efficient, but also operates cooler,
increasing reliability. Barracuda 7200.11 also delivers industry-leading
acoustics, as low as 2.7 Bels, which is nearly undetectable by the human
ear.

The Barracuda ES.2 and 7200.11 will begin shipping in volume during the
third quarter. The 1TB Barracuda 7200.11 will be offered at an MSRP of
$399.99.

1TB Hard Drives for Consumer and Video Applications Expand High Capacity
Footprint Even Further

Seagate remains the only hard drive manufacturer dedicated to the digital
entertainment, security and surveillance markets with hard drives built to
specifically address these unique applications. Seagate will extend its
offerings in this area from the new 1TB platform and will provide details
as these new products become available.

Videocast: Seagate Reaches Terabyte Milestone

To view the videocast interview featuring Marc Jourlait, Seagate vice
president Global Marketing, visit
http://www.podtech.net/home/3380/seagate-reaches-terabyte-milestone

About Seagate

Seagate is the worldwide leader in the design, manufacture and marketing of
hard disc drives, 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, and to be the low cost producer 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 www.seagate.com.