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Total selling general and administrative expenses for the quarter decreasedyear over year by $2

Total selling, general and administrative expenses for the quarter decreasedyear over year by $2.1 million, or 4.6%, but increased as a percentage of netsales to 13.3% for the first quarter of 2009 from 10.7% for the first quarter of2008. The year-over-year dollar decrease was primarily attributable to the lowervariable compensation associated with decreased gross profits. “During the quarter, the overall economy and correspondingly our revenues,declined at a faster pace than anticipated.” said Patricia Gallup, Chairman andChief Executive Officer. “As previously announced, we took corrective actions inmid-March to align our expense levels with lower sales volumes. Should wecontinue to see a decline in demand, we are committed to making further costreductions as needed.” Gallup concluded, “Our balance sheet is strong asevidenced by our record $68 million of cash and absence of bank debt. We believewe are well-positioned to increase market share during this downturn and to growour business as the economic climate improves.” About PC Connection, Inc.PC Connection, Inc., a Fortune 1000 company, has three sales subsidiaries: PCConnection Sales Corporation, MoreDirect, Inc., and GovConnection, Inc.,headquartered in Merrimack, NH, Boca Raton, FL, and Rockville, MD, respectively.All three companies can deliver custom-configured computer systems overnight.Investors and media can find more information about PC Connection, Inc.

at PC Connection Sales Corporation (1-800-800-5555), the original business of PCConnection, Inc. serving the small- and medium-sized business sector (SMB), is arapid-response provider of IT products and services. It offers more than 150,000brand-name products through its staff of technically trained sales accountmanagers and catalog telesales representatives, catalogs, and publications, andits website at The subsidiary serves the Apple/Macintoshcommunity through its MacConnection division (1-800-800-2222), which alsopublishes specialized catalogs and is online at MoreDirect, Inc. (561-237-3300), , provides corporatetechnology buyers with a comprehensive web-based e-procurement solution andin-depth IT supply-chain expertise, serving as a one-stop source by aggregatingmore than 300,000 products from the inventories of leading IT wholesaledistributors and manufacturers. MoreDirect`s TRAXX system is a seamlessend-to-end interface that empowers clients to electronically source, evaluate,compare prices, and track related technology product purchases in real-time GovConnection, Inc. (1-800-800-0019) is a provider of IT products and servicesto federal, state, and local government agencies and educational institutionsthrough specialized account managers, catalogs, and publications, and online at.

Such risks anduncertainties include the ability to realize market demand for and competitivepricing pressures on the products and services marketed by the Company, thecontinued acceptance of the Company’s distribution channel by vendors andcustomers, continuation of key vendor and customer relationships and supportprograms, and the ability of the Company to hire and retain qualified salesrepresentatives and other essential personnel. The Company assumes no obligationto update the information in this press release or revise any forward-lookingstatements, whether as a result of any new information, future events, orotherwise. Vice President of Finance & Corporate Controller Copyright Business Wire 2009. NEW YORK–(Business Wire)–Transatlantic Holdings, Inc. (NYSE: TRH) today reported net income for the firstquarter of 2009 of $75.2 million, or $1.13 per common share (diluted), comparedto net income of $115.7 million, or $1.73 per common share (diluted), in thefirst quarter of 2008. Income before income taxes for the first quarter of 2009 amounted to $90.3million compared to $145.2 million in the first quarter of 2008. For the firstquarter of 2009 and 2008, income before income taxes includes realized netcapital losses of ($60.6) million and ($15.1) million, respectively.