Stull, Stull & Brody Announces Class Action Against
Celestica, Inc.

New York, NY - Notice is hereby given that a class action lawsuit was filed, in the United States District Court for the Southern District of New York, against Celestica, Inc. (“Celestica” or the “Company”) (NYSE: CLS), on behalf of purchasers of the publicly traded securities of Celestica between July 27, 2006 and December 12, 2006 (the “Class Period”).

The complaint alleges that Celestica and certain of its officers and directors violated federal securities laws by issuing false or misleading public statements.  Specifically, the Complaint alleges that defendants issued numerous statements describing the Company’s financial performance and future prospects, which they attributed, in part, to success of the Company’s restructuring activities and improvements in their Mexican and European operations.  The complaint alleges that these statements were materially false and misleading when made because defendants failed to disclose and/or misrepresented the following adverse facts, among others: (i) the Company was experiencing declining demand in its Mexican operations and the operations division was carrying significant amounts of unneeded inventory which would need to be written off; (ii) the Company was experiencing declining demand in its Information Technology and communications market segments as its larger customers scaled back purchases; and (iii) as a result of the foregoing, there was no reasonable basis to project adjusted earnings per share ranging from $0.12 to $0.20.  When this undisclosed information later became public, shares of Celestica common stock declined.

If you purchased Celestica shares between July 27, 2006 and December 12, 2006, you may, no later than March 13, 2007, request the Court appoint you as lead plaintiff.  A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation.  In order to be appointed lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class.  Under certain circumstances, one or more class members may together serve as “lead plaintiff.”  Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff.  You may retain Stull, Stull & Brody, or other counsel of your choice, to serve as your counsel in this action.  Stull, Stull & Brody has litigated many class actions for violations of securities laws in federal courts over the past 30 years and has obtained court approval of substantial settlements on numerous occasions.  Stull, Stull & Brody maintains offices in New York and Los Angeles.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Tzivia Brody, Esq. at Stull, Stull & Brody by email at SSBNY@aol.com, or by calling toll-free 1-800-337-4983, or by fax at 212-490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017. You can also visit our website at www.ssbny.com.

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