AMENDMENT TO
                THE MICRON ELECTRONICS, INC.
                   1995 STOCK OPTION PLAN


     1.   Plan Sponsor.  Micron Electronics, Inc. ("MEI")

     2.   Recitals.  In accordance with Section 14 of the
Micron Electronics, Inc. 1995 Stock Option Plan (the
"Plan"), the Board of Directors of MEI wishes to amend the
Plan to permit formula grants to outside directors of MEI.

     3.   Amendment of Plan.  The following amendments to
the Plan are adopted effective as provided in Paragraph 4
below:

          a.   Section 2(x) shall be amended as follows:

     Optionee means an Employee, Consultant or Outside
Director who holds  an outstanding Option.

          b.   A new Section 2(y) shall be inserted as
follows, and the remaining subsections of Section 2 shall be
renumbered accordingly.

     Outside Director means a member of the Board who is not
     an Employee of the Company, Micron Technology, Inc., or
     any Subsidiary of the Company or Micron Technology,
     Inc.

          c.   A new Section 6(d) shall be added to the Plan
as follows:

     The following limitations shall apply to grants of
Options to Outside Directors:

          (i) Each Outside Director shall receive a formula
     Nonstatutory Stock Option (a "Formula Option") as of
     the Effective Date with respect to 10,000 shares of
     Common Stock, as shall each Outside Director later
     appointed or elected to the Board (with the grant made
     as of the date of his or her first election or
     appointment).  Each Outside Director serving on the
     Board as of the date immediately following each annual
     meeting of the Company's shareholders shall receive a
     Formula Option as of the date of that meeting with
     respect to 3,000 shares of Common Stock.  The Exercise
     Price for Formula Options shall be the Fair Market
     Value of the Common Stock on the date of grant.

          (ii) Unless the Administrator specifies otherwise,
     each Formula Option shall become exercisable as to 100%
     of the covered shares as of the date of grant.  To the
     extent that a Formula Option is not immediately
     exercisable, a Formula Option shall become exercisable
<PAGE>
     in accordance with the terms of section 9(c) of the
     Plan upon the Outside Director's Disability and in
     accordance with the terms of section 9(d) of the Plan
     upon the Outside Director's death.   Unless the
     Administrator specifies otherwise, Options shall be
     granted for a term of six years.  Options shall be
     forfeited to the extent they are not then exercisable
     if an Outside Director resigns, is removed or fails to
     be reelected or reappointed as a Director.  Options
     shall terminate within 30 days of an Outside Director's
     resignation, removal, or failure to be reelected or
     reappointed as a Director.

     4.   Effective Date.  The effective date of this
Amendment shall be December 1, 1998.

     5.   Terms and Conditions of Plan.  Except for the
Amendment in paragraph 3, all terms and conditions of the
Plan are unamended and shall remain in full force and
effect.

     6.   Execution.  MEI has executed this Amendment as of
the date set forth below.


                         MICRON ELECTRONICS, INC.
                         Plan Sponsor


                         By:/s/ JoAnne S. Pfeifer
                            ----------------------------------------------------

                         Title: Vice President, Administration,
				Corporate Secretary
                               -------------------------------------------------

                         Date: January 7, 1999
                              --------------------------------------------------