Disposal

1 May 2002 Spirent plc SALE of Switching Systems international inc Spirent plc, the international network technology company, announces that it has sold the business and certain assets of Switching Systems International Inc, a company within its Systems group, for a consideration of up to $9.1 million (approximately £6.3 million) in cash. For the year ended 31 December 2001, the business being sold had an unaudited operating loss (before amortisation of goodwill) of $3.4 million (approximately £2.3 million). The business has a carrying value in the accounts of Spirent plc of approximately £11.7 million and its sale will result in an associated goodwill write back of £10.2 million. The sale will be reported in Spirent plc's accounts for the year ended 31 December 2002 as a non-operating exceptional item. This sale represents a further step in the Company's strategy of focusing on network technology activities. - ends - Enquiries: Nicholas Brookes, Chief Executive Spirent plc +44 (0)1293 767676 Eric Hutchinson, Finance Director Investor Relations Catherine Nash Spirent plc +44 (0)1293 767676 Media Jon Coles/Rupert Young Brunswick (London) +44 (0)20 7404 5959 Lauren Teggelaar Brunswick (New York) +1 212 333 3810 Background note: About Spirent Spirent plc is an international network technology company providing state-of-the-art solutions with a focus on high growth activities. Our Communications group unites leading edge performance analysis technology with network operations expertise, enabling customers to accelerate the development, deployment and assurance of next generation network equipment and services worldwide. Further information about Spirent plc can be found at www.spirent.com Spirent plc is listed on the London Stock Exchange (ticker: SPT) and on the New York Stock Exchange (ticker: SPM; CUSIP number: 84856M209) with one American Depositary Receipt representing four Ordinary shares. Spirent and the Spirent logo are trademarks of Spirent plc. All rights reserved. This press release may contain forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. You can identify these statements by their use of words such as 'will,' 'anticipate,' 'estimate,' 'expect,' 'project,' 'intend,' 'plan,' 'should,' 'may,' 'assume' and other similar words. You should not place undue reliance on our forward-looking statements, which are not a guarantee of future performance and are subject to factors that could cause our actual results to differ materially from those expressed or implied by these statements. Such factors include: aggressive competition; our ability to develop and commercialize new products and services; risks relating to the acquisition or sale of businesses; our reliance on third party manufacturers and suppliers; our exposure to liabilities for product defects; our reliance on proprietary technology; our ability to grow in e-commerce; our ability to attract and retain qualified personnel; risks of doing business internationally; and risks of downturns in the industries in which we participate; and other risks described from time to time in Spirent plc's Securities and Exchange Commission periodic reports and filings. We undertake no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise.
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