FOR IMMEDIATE RELEASE

GATEWAY 2000 products and support win top honors at PC Expo
PC World and Windows Sources honor Gateway in four categories

NORTH SIOUX CITY, SD, June 23, 1997 - Gateway 2000, Inc. (NYSE: GTW), a leading direct marketer of PCs, recently took home awards from two industry-leading publications, PC World and Windows Sources. The honors mark the latest additions to a rapidly growing list of awards Gateway's products and support have received this year.

Gateway 2000 won three awards in PC World's 15th Annual World Class Awards competition:

• Gateway's P5 Line, now called G-Series Professional Systems, won the World Class award for the Best Business Desktop Computer
• Gateway's Family PC Line, designated now as G-Series multimedia PCs, claimed the World Class prize as the Best Home Desktop Computer
• Gateway and one other company shared the World Class award for Best Hardware Support

The PC World contest is highly regarded among high technology magazine award programs, using an unbiased expert panel to identify the best products available in 84 categories of hardware, software, Internet, and service & support.

"The World Class Award is an endorsement of a product by the people who use it," declared PC World Publisher, J. Samuel Huey. "Our readers, managers who use and buy PC products for business, respect the PC World World Class Award logo and use it to help decide which products to buy."

In the 1997 Windows Sources Experts' Choice Awards competition, Gateway 2000 won the award for its G6-266M in the Home Desktop System category. The Experts' Choice Awards honor products that are the most innovative, technologically sound, productivity-enhancing offerings in the 32-bit Windows environment. A panel of judges, made up of Windows Sources editors and contributors, selected up to five finalists in each category and then picked the winners.

"At Gateway 2000, thousands of men and women strive every day to create, sell and build great products, and provide the highest class support to back them up," says Dave Berger, director of product marketing, Americas. "It's very rewarding to see their efforts recognized as top-of-the-line. We genuinely thank our users, PC World and Windows Sources, and their readers for this recognition."

Pricing and Support Pricing for G-Series Professional Systems begins at $1,449 and orders are custom-built for the business environment. Home users can purchase a G-Series multimedia PC with monitor and color printer at a starting price of $1,499. The G6-266M, part of Gateway's G-Series multimedia line, starts at $3,349. And customers purchasing Gateway products can count on toll-free technical support 24 hours a day, seven days a week.

For additional information on these and other Gateway products, please contact us at 1-800-846-4875 or visit the Internet site at www.gw2k.com.

About Gateway
Gateway 2000, Inc., a Fortune 500 company founded in1985, is a leading global manufacturer and direct marketer of PC products. The company, headquartered in North Sioux City, South Dakota, has manufacturing facilities in the United States, Ireland and Malaysia, and employs over 10,000 people worldwide. Gateway products and services consistently win top awards from leading industry publications. In 1996, the company shipped 1.9 million systems and reported revenues of $5 billion. Revenue for the first quarter of 1997 was $1.4 billion with net income of $67.5 million. For further information, visit Gateway at http://www.gw2k.com.

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