# FIFTH AMENDMENT TO THE PSS WORLD MEDICAL,
INC. SAVINGS PLAN

This
Fifth Amendment to the PSS World Medical, Inc. Savings Plan is made and entered into by
PSS World Medical, Inc. (the Company) and is effective as of January 1,
2003, except as otherwise expressly set forth herein.

# WITNESSETH:

| | WHEREAS,
the Company has previously adopted the PSS World Medical, Inc. Savings Plan (the Plan);
and
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| | WHEREAS,
the Company is authorized and empowered to further amend the Plan; and
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| | WHEREAS,
the Company deems it advisable and in the best interests of the Participants to amend the
Plan to comply with final regulations issued under Code Section 401(a)(9) regarding
required minimum distributions; and
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| | WHEREAS,
the requirements of this amendment will take precedence over any inconsistent provisions
of the Plan.
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| | NOW,
THEREFORE, the Plan is hereby amended by adding a new Article XVI to the end thereof
to read as follows:
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Article XVI.   MINIMUM
DISTRIBUTION REQUIREMENTS.

Section 1.      General Rules.

1.1.    
          Effective Date. Unless an earlier effective date is specified in the addendum to
          this Amendment, the provisions of this article will apply for purposes of
          determining required minimum distributions for calendar years beginning with the
          2003 calendar year.

1.2.    
          Coordination with Minimum Distribution Requirements Previously in Effect. If the
          addendum to this Amendment specifies an effective date of this article that is
          earlier than calendar years beginning with the 2003 calendar year, required
          minimum distributions for 2002 under this article will be determined as follows.
          If the total amount of 2002 required minimum distributions under the plan made
          to the distributee prior to the effective date of this article equals or exceeds
          the required minimum distributions determined under this article, then no
          additional distributions will be required to be made for 2002 on or after such
          date to the distributee. If the total amount of 2002 required minimum
          distributions under the plan made to the distributee prior to the effective date
          of this article is less than the amount determined under this article, then
          required minimum distributions for 2002 on and after such date will be
          determined so that the total amount of required minimum distributions for 2002
          made to the distributee will be the amount determined under this article.

1.3.    
          Precedence. The requirements of this article will take precedence over any
          inconsistent provisions of the plan.

1.4.    
          Requirements of Treasury Regulations Incorporated. All distributions required
          under this article will be determined and made in accordance with the Treasury
          regulations under section 401(a)(9) of the Internal Revenue Code.

1.5.    
          TEFRA Section 242(b)(2) Elections. Notwithstanding the other provisions of this
          article, distributions may be made under a designation made before January 1,
          1984, in accordance with section 242(b)(2) of the Tax Equity and Fiscal
          Responsibility Act (TEFRA) and the provisions of the plan that relate to section
          242(b)(2) of TEFRA.

Section 2.     Time and
Manner of Distribution.

2.1.    
          Required Beginning Date. The participants entire interest will be
          distributed, or begin to be distributed, to the participant no later than the
          participants required beginning date.

2.2.    
          Death of Participant Before Distributions Begin. If the participant dies before
          distributions begin, the participants entire interest will be distributed,
          or begin to be distributed, no later than as follows:

|(a) | If the participants surviving spouse is the participants sole
                    designated beneficiary, then, except as provided in the addendum to this
                    Amendment, distributions to the surviving spouse will begin by December 31 of
                    the calendar year immediately following the calendar year in which the
                    participant died, or by December 31 of the calendar year in which the
                    participant would have attained age 70 1/2, if later.
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|(b) | If the participants surviving spouse is not the participants sole
                    designated beneficiary, then, except as provided in the addendum to this
                    Amendment, distributions to the designated beneficiary will begin by December 31
                    of the calendar year immediately following the calendar year in which the
                    participant died.
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|(c) | If there is no designated beneficiary as of September 30 of the year following
                    the year of the participants death, the participants entire interest
                    will be distributed by December 31 of the calendar year containing the fifth
                    anniversary of the participants death.
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|(d) | If the participants surviving spouse is the participants sole
                    designated beneficiary and the surviving spouse dies after the participant but
                    before distributions to the surviving spouse begin, this section 2.2, other than
                    section 2.2(a), will apply as if the surviving spouse were the participant.
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For purposes of this section 2.2 and
section 4, unless section 2.2(d) applies, distributions are considered to begin on the
participants required beginning date. If section 2.2(d) applies, distributions are
considered to begin on the date distributions are required to begin to the surviving
spouse under section 2.2(a). If distributions under an annuity purchased from an insurance
company irrevocably commence to the participant before the participants required
beginning date (or to the participants surviving spouse before the date
distributions are required to begin to the surviving spouse under section 2.2(a)), the
date distributions are considered to begin is the date distributions actually commence.

2.3.    
          Forms of Distribution. Unless the participants interest is distributed in
          the form of an annuity purchased from an insurance company or in a single sum on
          or before the required beginning date, as of the first distribution calendar
          year distributions will be made in accordance with sections 3 and 4 of this
          article. If the participants interest is distributed in the form of an
          annuity purchased from an insurance company, distributions thereunder will be
          made in accordance with the requirements of section 401(a)(9) of the Code and
          the Treasury regulations.

Section 3.    
       Required Minimum Distributions During Participant's Lifetime.

3.1.    
          Amount of Required Minimum Distribution For Each Distribution Calendar Year.
          During the participants lifetime, the minimum amount that will be
          distributed for each distribution calendar year is the lesser of:

|(a) | the quotient obtained by dividing the participants account balance by the
                    distribution period in the Uniform Lifetime Table set forth in section
                    1.401(a)(9)-9 of the Treasury regulations, using the participants age as
                    of the participants birthday in the distribution calendar year; or
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|(b) | if the participants sole designated beneficiary for the distribution
                    calendar year is the participants spouse, the quotient obtained by
                    dividing the participants account balance by the number in the Joint and
                    Last Survivor Table set forth in section 1.401(a)(9)-9 of the Treasury
                    regulations, using the participants and spouses attained ages as of
                    the participants and spouses birthdays in the distribution calendar
                    year.
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3.2.    
          Lifetime Required Minimum Distributions Continue Through Year of
          Participants Death. Required minimum distributions will be determined
          under this section 3 beginning with the first distribution calendar year and up
          to and including the distribution calendar year that includes the
          participants date of death.

Section 4.    
       Required Minimum Distributions After Participant's Death.

4.1.    
          Death On or After Date Distributions Begin.

|(a) | Participant Survived by Designated Beneficiary. If the participant dies on or
                    after the date distributions begin and there is a designated beneficiary, the
                    minimum amount that will be distributed for each distribution calendar year
                    after the year of the participants death is the quotient obtained by
                    dividing the participants account balance by the longer of the remaining
                    life expectancy of the participant or the remaining life expectancy of the
                    participants designated beneficiary, determined as follows:
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|(1) | The participants remaining life expectancy is calculated using the age of
                    the participant in the year of death, reduced by one for each subsequent year.
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|(2) | If the participants surviving spouse is the participants sole
                    designated beneficiary, the remaining life expectancy of the surviving spouse is
                    calculated for each distribution calendar year after the year of the
                    participants death using the surviving spouses age as of the
                    spouses birthday in that year. For distribution calendar years after the
                    year of the surviving spouses death, the remaining life expectancy of the
                    surviving spouse is calculated using the age of the surviving spouse as of the
                    spouses birthday in the calendar year of the spouses death, reduced
                    by one for each subsequent calendar year.
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|(3) | If the participants surviving spouse is not the participants sole
                    designated beneficiary, the designated beneficiarys remaining life
                    expectancy is calculated using the age of the beneficiary in the year following
                    the year of the participants death, reduced by one for each subsequent
                    year.
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|(b) | No Designated Beneficiary. If the participant dies on or after the date
                    distributions begin and there is no designated beneficiary as of September 30 of
                    the year after the year of the participants death, the minimum amount that
                    will be distributed for each distribution calendar year after the year of the
                    participants death is the quotient obtained by dividing the
                    participants account balance by the participants remaining life
                    expectancy calculated using the age of the participant in the year of death,
                    reduced by one for each subsequent year.
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4.2.    
          Death Before Date Distributions Begin.

|(a) | Participant Survived by Designated Beneficiary. Except as provided in the
                    addendum to this Amendment, if the participant dies before the date
                    distributions begin and there is a designated beneficiary, the minimum amount
                    that will be distributed for each distribution calendar year after the year of
                    the participants death is the quotient obtained by dividing the
                    participants account balance by the remaining life expectancy of the
                    participants designated beneficiary, determined as provided in section
                    4.1.
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|(b) | No Designated Beneficiary. If the participant dies before the date
                    distributions begin and there is no designated beneficiary as of September 30 of
                    the year following the year of the participants death, distribution of the
                    participants entire interest will be completed by December 31 of the
                    calendar year containing the fifth anniversary of the participants death.
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|(c) | Death of Surviving Spouse Before Distributions to Surviving Spouse Are Required
                    to Begin. If the participant dies before the date distributions begin, the
                    participants surviving spouse is the participants sole designated
                    beneficiary, and the surviving spouse dies before distributions are required to
                    begin to the surviving spouse under section 2.2(a), this section 4.2 will apply
                    as if the surviving spouse were the participant.
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Section 5.     Definitions.

5.1.    
          Designated beneficiary. The individual who is designated as the beneficiary
          under section 8.4 of the plan and is the designated beneficiary under section
          401(a)(9) of the Internal Revenue Code and section 1.401(a)(9)-1, Q&A-4, of
          the Treasury regulations.

5.2.    
          Distribution calendar year. A calendar year for which a minimum distribution is
          required. For distributions beginning before the participants death, the
          first distribution calendar year is the calendar year immediately preceding the
          calendar year which contains the participants required beginning date. For
          distributions beginning after the participants death, the first
          distribution calendar year is the calendar year in which distributions are
          required to begin under section 2.2. The required minimum distribution for the
          participants first distribution calendar year will be made on or before
          the participants required beginning date. The required minimum
          distribution for other distribution calendar years, including the required
          minimum distribution for the distribution calendar year in which the
          participants required beginning date occurs, will be made on or before
          December 31 of that distribution calendar year.

5.3.    
          Life expectancy. Life expectancy as computed by use of the Single Life Table in
          section 1.401(a)(9)-9 of the Treasury regulations.

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5.4.    
          Participants account balance. The account balance as of the last valuation
          date in the calendar year immediately preceding the distribution calendar year
          (valuation calendar year) increased by the amount of any contributions made and
          allocated or forfeitures allocated to the account balance as of dates in the
          valuation calendar year after the valuation date and decreased by distributions
          made in the valuation calendar year after the valuation date. The account
          balance for the valuation calendar year includes any amounts rolled over or
          transferred to the plan either in the valuation calendar year or in the
          distribution calendar year if distributed or transferred in the valuation
          calendar year.

5.5.    
          Required beginning date. The date specified in section 9.1(b) of the plan.

IN
WITNESS WHEREOF,this Fifth Amendment has been executed this 26th day of December,
2003 and is effective as of the date set forth hereinabove.

| | PSS WORLD MEDICAL, INC.                               
| | ------------------------------------------------------
| | By:        David D. Klarner 
Its:       Vice President

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# Addendum

(Check and complete section 1 below
if any required minimum distributions for the 2002 distribution calendar year were made in
accordance with the § 401(a)(9) Final and Temporary Regulations.)

Section 1.   Effective Date
of Plan Amendment for Section 401(a)(9) Final and Temporary TreasuryRegulations.

_____ . Article XVI, Minimum
Distribution Requirements, applies for purposes of determining required minimum
distributions for distribution calendar years beginning with the 2003 calendar year, as
well as required minimum distributions for the 2002 distribution calendar year that are
made on or after April 17, 2002.

(Check and complete any of the
remaining sections if you wish to modify the rules in sections 2.2 and 4.2 of Article XVI
of the plan.)

Section 2.          Election
to Apply 5-Year Rule to Distributions to Designated Beneficiaries.

_____ If the participant dies before
distributions begin and there is a designated beneficiary, distribution to the designated
beneficiary is not required to begin by the date specified in section 2.2 of Article XVI
of the plan, but the participants entire interest will be distributed to the
designated beneficiary by December 31 of the calendar year containing the fifth
anniversary of the participants death. If the participants surviving spouse is
the participants sole designated beneficiary and the surviving spouse dies after the
participant but before distributions to either the participant or the surviving spouse
begin, this election will apply as if the surviving spouse were the participant.

This election will apply to:

_____ All distributions.

_____ The following distributions:
_________________.

Section 3.          Election
to Allow Participants or Beneficiaries to Elect 5-Year Rule.

_____ Participants or beneficiaries
may elect on an individual basis whether the 5-year rule or the life expectancy rule in
sections 2.2 and 4.2 of Article XVI of the plan applies to distributions after the death
of a participant who has a designated beneficiary. The election must be made no later than
the earlier of September 30 of the calendar year in which distribution would be required
to begin under section 2.2 of Article XVI of the plan, or by September 30 of the calendar
year which contains the fifth anniversary of the participants (or, if applicable,
surviving spouses) death. If neither the participant nor beneficiary makes an
election under this paragraph, distributions will be made in accordance with sections 2.2
and 4.2 of Article XVI of the plan and, if applicable, the elections in section 2 above.

Section 4.         Election
to Allow  Designated  Beneficiary  Receiving  Distributions  Under  5-Year Rule to Elect
Life Expectancy Distributions.

_____ A designated beneficiary who is
receiving payments under the 5-year rule may make a new election to receive payments under
the life expectancy rule until December 31, 2003, provided that all amounts that would
have been required to be distributed under the life expectancy rule for all distribution
calendar years before 2004 are distributed by the earlier of December 31, 2003 or the end
of the 5-year period.