Summary of NU HORIZONS ELECTRONICS CORP

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 5, 2009, the Company's Board of Directors voted to expand the board to nine members from the current seven and subsequently appointed Steven J. Bilodeau and James Estill to fill the newly-created vacancies. Mr. Bilodeau will join the board as a Class III Director which has a term through the Company's 2011 annual general meeting of shareholders and Mr. Estill will join the board as a Class I Director which has a term through the Company's 2009 annual general meeting of shareholders. Mr. Bilodeau was also appointed to serve as a member of each of the Audit Committee, Compensation Committee and Nominating Committee.

Mr. Estill was appointed to the board pursuant to the terms of his employment agreement with the Company dated as of May 8, 2009, as previously described in the Company's Form 8-K dated May 8, 2009.

A copy of the Company's press release announcing the appointment of Messrs. Bilodeau and Estill is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

On June 5, 2009, the Compensation Committee of the Company's Board of Directors ratified the payment of a bonus of $80,000 to Kurt Freudenberg, the Company's Executive Vice President - Finance and Chief Financial Officer. The bonus was paid on April 29, 2009. The Compensation Committee also ratified the existing arrangement under which the bonus was calculated, which arrangement provides that Mr. Freudenberg is entitled to receive a bonus calculated as .0045% of the Company's consolidated income before taxes and minority interests but no less than $87,500, which amount was reduced to $80,000 in respect of the Company's fiscal year ended February 28, 2009 due to the Company's previously announced cost-saving measures.

Item 7.01 Regulation FD Disclosure.

On June 8, 2009, the Company issued a press release announcing the increase in the size of its board of directors and the appointment of Messrs. Steven J. Bilodeau and James Estill to fill such vacancies as set forth in Item 5.02 of this Form 8-K. A copy of the press release is furnished with this Form 8-K and attached hereto as Exhibit 99.1. Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing.