8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934




                Date of report (date of earliest event reported):
                                 August 19, 2002


                       Daisytek International Corporation
               (Exact Name of Registrant as Specified in Charter)


        Delaware                      0-25400                 75-2421746
   -------------------           ---------------        ----------------------
     (State or other               (Commission            (I.R.S. Employer
     jurisdiction of               File Number)           Identification No.)
     incorporation)


                    1025 Central Expressway South, Suite 200
                               Allen, Texas 75013
          (Address of Principal Executive Offices, including zip code)


                                 (972) 881-4700
              (Registrant's Telephone Number, including area code)

                                       N/A
          (Former Name or Former Address, if Changed Since Last Report)





ITEM 5. OTHER EVENTS

                  On August 19, 2002, Daisytek International Corporation
         ("Daisytek") issued a press release, filed herewith as Exhibit 99.1, to
         announce that Daisytek has completed its acquisition of ISA
         International plc ("ISA"). Daisytek bought the final shares of ISA
         using compulsory acquisition rights under U.K. law after acquiring
         92.28% of ISA's ordinary share capital (representing 54.24 million
         shares) through shareholder acceptances and open-market purchases.
         Daisytek is now the sole legal and beneficial owner of the entire
         issued share capital of ISA.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

         (a)      Financial statements of business acquired

                  Not applicable

         (b)      Pro forma financial information

                  Not applicable

         (c)      Exhibits

                  99.1     Press Release dated August 19, 2002.






                                    SIGNATURE


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                    DAISYTEK INTERNATIONAL CORPORATION


                                    By:  /s/ RALPH MITCHELL
                                        -----------------------------------
                                             Ralph Mitchell
                                             Chief Financial Officer,
                                             Executive Vice President - Finance


Dated:  August 20, 2002





                                Index to Exhibits





EXHIBIT
NUMBER            DESCRIPTION
- -------           -----------
               
99.1              Press Release dated August 19, 2002.

EX-99.1

                                                                    EXHIBIT 99.1


MONDAY AUGUST 19, 8:04 AM EASTERN TIME

PRESS RELEASE

SOURCE: Daisytek International

DAISYTEK COMPLETES ACQUISITION OF ISA INTERNATIONAL
EUROPEAN COMPUTER SUPPLIES DISTRIBUTOR FULLY OWNED BY U.S. OPERATOR

ALLEN, Texas--(BUSINESS WIRE)--Aug. 19, 2002--Daisytek International Corporation
(Nasdaq:DZTK - NEWS) has completed its acquisition of ISA International plc, one
of the largest pan-European distributors of computer supplies with revenues of
more than $500 million.

Daisytek bought the final shares of ISA using compulsory acquisition rights
under U.K. law after acquiring 92.28% of ISA's ordinary share capital
(representing 54.24 million shares) through shareholder acceptances and
open-market purchases.

Daisytek is now the sole legal and beneficial owner of the entire issued share
capital of ISA. Cash consideration for the ISA ordinary shares acquired
(excluding costs and expenses) is approximately $5 million. In addition,
Daisytek issued or will issue 140,042 shares of new restricted common stock to
ISA shareholders who elected the restricted share offer.

The acquisition of ISA, which indirectly owns 47% of Kingfield Heath Ltd., a
U.K.-based office products wholesaler, gives Daisytek a platform to expand into
Europe with a computer and office supplies market estimated to be in excess $30
billion. The deal combines Daisytek's distribution expertise, financial
resources and management experience with ISA's pan-European reach, customer
relationships and local knowledge.

"Since our initial investment in September 2001, ISA has shown improved
operations and increased sales. With the acquisition now complete, the ISA
management team, with Daisytek's backing, will work to secure ISA's position as
the premier computer supplies distributor in the European marketplace.
Daisytek's goal is to be the largest supplier of computer and office supplies in
the world, and having a strong foothold in Europe with a market-leading company
such as ISA is a major achievement in our international growth strategy," said
Jim Powell, Daisytek president and CEO.

Daisytek projects combined revenue for FY2003 will be $1.8 billion to $1.9
billion. EPS guidance for the year is $1.05 to $1.10 per diluted share. By the
fiscal year ending March 2004, Daisytek expects ISA to be net accretive for the
full fiscal year. EPS guidance for FY04 is $1.40 to $1.50 per diluted share with
revenue growth of at least 10% to 15%.





Daisytek is a global distributor of computer supplies, office products and
accessories with operations in the United States, Canada, Mexico, Australia,
Argentina, the United Kingdom, Ireland, France, Germany, Norway, Sweden and
Italy. The company, headquartered near Dallas, is a Russell 2000 component, and
is listed in the Forbes Platinum 400, Bloomberg 100 and VARBusiness Distribution
25 corporate rankings.

About Daisytek International
Daisytek International is a worldwide distributor of computer and office
supplies, peripherals and professional tape media. In addition, it offers
fee-based marketing, demand-generation and fulfillment services. Daisytek sells
more than 25,000 products from about 500 manufacturers, including printer
supplies, magnetic and data storage media, video and motion picture film. This
news release and more information about Daisytek are available at
www.daisytek.com. The company's annual report is at www.dztkannualreport.com.
These Web sites are not part of this release. Daisytek is a registered trademark
of Daisytek, Incorporated. All rights reserved.

The matters discussed in this news release contain both historical and
forward-looking statements. All statements other than statements of historical
fact are, or may be deemed to be, forward-looking information within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Act of 1934, as amended. You can identify these statements by the
fact that they do not relate strictly to historical or current facts, but rather
reflect our current expectations concerning future results and events.
Forward-looking statements relating to such matters as our financial condition
and operations, including forecasted information, are based on our management's
current intent, belief or expectations regarding our industry or us. These
forward-looking statements including forecasts are not guarantees of future
performance and involve risks, uncertainties and assumptions that are difficult
to predict. In addition, some forward-looking statements are based upon
assumptions as to future events that may not prove to be accurate. Therefore,
actual outcomes and results may differ materially from what is expected or
forecasted in such forward-looking statements. We undertake no obligation to
update publicly any forward-looking statement for any reason, even if new
information becomes available or other events occur in the future.

Certain factors, including but not limited to, general economic conditions,
industry trends, the loss of or inability to hire skilled personnel, the loss of
key suppliers or customers, the loss or material decline in service of strategic
product shipping relationships, customer demand, product availability,
competition (including pricing and availability), risks inherent in acquiring,
integrating and operating new businesses and investments, concentrations of
credit risk, distribution efficiencies, capacity constraints, technological
difficulties (including equipment failure or a breach of our security measures),
the volatility of our common stock, economic and political uncertainties arising
as a result of terrorist attacks, seasonality, exchange rate fluctuations,
foreign currency devaluations and the regulatory and trade environment (both
domestic and foreign) could cause our actual results to differ materially from
the anticipated results or other expectations expressed in our forward-looking
statements. There may be additional risks that we do not currently view as
material or that are not presently known.




Other factors that could affect Daisytek are set forth in Daisytek's 10-K for
the fiscal year ended March 31, 2002.

- ----------
Contact:
Daisytek International
Jim Powell, 972/881-4700
Or
Michael A. Burns & Associates
Craig McDaniel, 214/521-8596 or 214/616-7186 mobile
cmcdaniel@mbapr.com