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Stocks O / Optical Coating Lab. Inc.


Subject:  Merger with JDSU Completed Date:  2/5/2000  10:46 AM
Author:  DonDNH Number:  102 of 102

Optical Coating Laboratory, Inc. (OCLI) (Nasdaq: OCLI - news),
announced today that its stockholders approved the merger with JDS Uniphase
(Nasdaq: JDSU - news; Toronto: JDU - news) and the merger has closed. Under the terms of
the merger agreement, each share of OCLI common stock will be exchanged for
1.856 shares of JDSU common stock. OCLI common shares will immediately be
converted to JDS Uniphase common shares, and OCLI will be delisted from Nasdaq
as of February 7, 2000. Optical Coating Laboratory, Inc. will continue to
operate under the name OCLI as a wholly-owned subsidiary of JDS Uniphase.

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