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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: William who wrote (1108)	9/28/1999 10:07:00 PM
From: Chris Stovin	Read Replies (1) \| Respond to of 24042

Looks like this is official......for the record Tuesday September 28, 6:04 pm Eastern Time Company Press Release JDS Uniphase Corporation Proposes Stock Split SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 28, 1999--JDS Uniphase Corporation (Nasdaq:JDSU - news; TSE:JDU - news) today announced that its Board of Directors has approved a two-for-one stock split on its common shares to be paid as a stock dividend, subject to stockholder approval of an increase in the company's authorized Common Stock from 300 million to 600 million shares. JDS Uniphase Canada Ltd. concurrently announced today that its Board of Directors has approved a two-for-one split of its Exchangeable Shares to mirror the JDS Uniphase Corporation stock dividend, which shall be effective concurrently with the JDS Uniphase stock dividend. Stockholder approval of the increase in authorized capital will be sought at the company's annual meeting, which is scheduled for December 16, 1999 (for which the record date shall be November 1, 1999). Subject to receiving stockholder approval, the record date for the stock dividend shall be December 17, 1999. Following such approval, the payment date for the stock dividend shall be December 29,1999. JDS Uniphase is a high technology company that designs, develops, manufactures and distributes a comprehensive range of products for the growing fiberoptic communications markets. These products are deployed worldwide by system manufacturers to develop advanced optical networks for the telecommunications and cable television industries. JDS Uniphase Corporation is traded on the NASDAQ National Market under the symbol ``JDSU' and the exchangeable shares of JDS Uniphase Canada Ltd. are traded on The Toronto Stock Exchange under the symbol ``JDU.' ------------------------------------------------------------------------ Contact: JDS Uniphase Kevin Kalkhoven, 408/434-1800