Trading Statement

Spirent PLC 28 June 2001 SPIRENT PLC TRADING UPDATE Spirent plc, the international network technology company, today provided an update on trading within its Communications group. Spirent Communications has seen a period of stability in trading in the second quarter of 2001. Network Monitoring Division The Network Monitoring division of Spirent Communications continues to perform well. The order book remains robust and the outlook for further new business is positive. Telecom Test Division The slowdown in activity experienced during April and described in our AGM statement on 9 May has been followed by a level trend in order intake through May and June. The curtailment of demand through stringent financial control by our customers has been symptomatic of the market, but a continued steady flow of orders and enquiries underlines the need for our test equipment for engineers within our customers' research and development laboratories. Product Development Our product development programme continues to keep us at the forefront of technology. In the Network Monitoring division we have recently launched two new elements for our CenterOps Systems(trade mark) software suite. CenterOps Sentry (trade mark) introduces advanced fault and service management functionality, permitting the correlation of detected network faults to their impact on the user's service. CenterOps Flow (trade mark) is an automated expert system that accelerates the analysis of detected faults and can thereby help reduce customers' operating costs. A third notable introduction is Icon, a software system that extends our network monitoring technology above the Layer 1 physical network into the testing of TCP/IP traffic, providing additional validation that the network is running correctly. Significant recent Telecom Test product launches include new systems for optical signalling protocol testing, high density voice testing, DSL access technologies and the GPRS mobile communications technology. Our new 10 Gigabit Ethernet product for the WAN won a Best of Show award at the Networld+Interop trade fair in May - this was the third consecutive N+I show at which we have received this honour. We believe Spirent remains well positioned to meet the needs of the development and deployment of next generation networks. Enquiries: Nicholas Brookes, Chief Executive Spirent plc +44 (0)1293 767676 Eric Hutchinson, Finance Director Jon Coles/Rupert Young Brunswick (London) +44 (0)20 7404 5959 Sara Strong/Nina Pawlak Brunswick (New York) +1 212 333 3810 Background note: Spirent plc is an international network technology company providing state- of-the-art solutions with a focus on high growth, high margin 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. www.spirent.com Spirent is quoted on the London Stock Exchange, ticker SPT. The Company operates a Level 1 American Depository Receipt programme (ticker: SPNUY; CUSIP number: 84856M100). For information, contact Brian Heston, The Bank of New York, American Depositary Receipts, 101 Barclay St, 22 West, New York, NY 10286. Phone: (212) 815 3938, Fax: (212) 571 3050, email: bheston@bankofny.com www.adrbny.com Spirent and the Spirent logo are trademarks of Spirent plc. All rights reserved. This press release contains 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 commercialise 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 high technology 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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