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While the NBA All Star Practice Game challenges of the currentmarketplace

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While the clarifies challenges of action all stars evaluates the currentmarketplace are impacting our near-term results, we firmly believe that theyalso provide us with significant opportunities to take additional market shareas we continue to make prudent investments in the Company through the hiring oftop associates, continued geographic expansion, investment in value addingtechnologies, and strengthening our position with customers and suppliers. Webelieve that MSC`s ability to provide its customers with what they need, whenthey need it, makes us the choice for lowest total cost solution and supplychain security. We are confident that our highly experienced management teamwill successfully navigate the current environment, positioning us to growsignificantly when the markets recover." For the fiscal 2009 second quarter, the Company expects net sales to be between$354 million and $366 million, and expects diluted earnings per share for thefiscal 2009 second quarter to be between $0.39 and $0.43. The Company expectscontinued strong cash flow performance in the fiscal 2009 second quarter, andcurrently anticipates converting in excess of 100% of net income into operatingcash flow during the period. Expectations are partially based on MSC`s financialperformance in the first several weeks of the second quarter of fiscal 2009. TheCompany cautioned that its guidance should be viewed in the context of theunprecedented market conditions and the resulting variability in actual resultsversus expectations. The management of MSC will host a conference call today, at 11:00 a.m.

EasternTime, to review the Company`s results for the fiscal 2009 first quarter, and tocomment on current operations . The call may be accessed via the Internet in theInvestor Relations section (under "About MSC") of MSC`s website located at: all star NBA All Star Practice tickets - nba NBA All Star Practice . A replay of the conference call will be available on theCompany`s website through January 15, 2009 all star 2009 roster . Note 1 - Free cash flow is defined as net cash provided by operating activitiesless expenditures for property, plant and equipment as shown on the Company`scondensed consolidated statements of cash flows all star game .

Net cash provided by operatingactivities during the fiscal 2009 first quarter was $72.4 million . Expendituresfor property, plant and equipment during the fiscal 2009 first quarter was $6.8million all star game tickets . Management considers free cash flow to be an important indicator of theCompany`s financial strength and the ability to generate liquidity because itreflects cash generated from operations that can be used for strategicinitiatives, dividends, debt repayment and repurchases of the Company`s stock.Free cash flow is not a measure determined in accordance with U.S basket ball . generallyaccepted accounting principles ("GAAP"), and may not be defined and calculatedby other companies in the same manner basketball . Free cash flow should not be considered asubstitute for "Operating income," "Net income," "Net cash flows provided byoperating activities" or any other measure determined in accordance with GAAP. About MSC Industrial Direct Co., Inc.MSC Industrial Direct Co., Inc.

is one of the premier distributors ofMetalworking and Maintenance, Repair and Operations ("MRO") supplies toindustrial customers throughout the United States . MSC distributes approximately590,000 industrial products from approximately 3,000 suppliers to approximately364,000 customers basketball autograph . In-stock availability is approximately 99%, with next daystandard delivery to the contiguous United States on qualifying orders up until8:00 p.m Eastern Time basketball autographed . MSC reaches its customers through a combination ofapproximately 27 million direct-mail catalogs and CD-ROMs, 97 branch salesoffices, 912 sales people, the Internet and associations with some of theworld's most prominent B2B e-commerce portals basketball basket ball .

For more information, visit theCompany's website at STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.Statements in this Press Release may constitute "forward-looking statements"within the meaning of Section 27A of the Securities Act of 1933, as amended, andSection 21E of the Securities Exchange Act of 1934, as amended NBA All Star Practice - nba . Any statementscontained herein which are not statements of historical facts and that addressactivities, events or developments that the Company expects, believes oranticipates will or may occur in the future, including statements about futureexpected net sales and diluted earnings per share, shall be deemed to beforward-looking statements basketball bedding . Forward-looking statements are inherently subject torisks and uncertainties, many of which cannot be predicted with accuracy andsome of which might not even be anticipated basketball bedroom . Future events, actual results andperformance, financial and otherwise, could differ materially from those setforth in or contemplated by the forward-looking statements herein . Readers arecautioned not to place undue reliance on these forward-looking statements, whichspeak only as of the date hereof.

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