Elliott Offers to Acquire Riverbed for $19.00 Per Share in Cash

Elliott Management Corporation (“Elliott”) today sent a letter to the Board of Directors of Riverbed Technology

offering to acquire all of the outstanding shares of common stock of Riverbed for a price of $19.00 per share in cash. Elliott, affiliates of which collectively own or have economic exposure to approximately 10.5% of the common stock and equivalents of Riverbed Technology, Inc., is a multi-strategy investment firm with deep experience investing in public and private companies. Full text of the letter follows: “January 8, 2014 Riverbed Technology, Inc.199 Fremont StreetSan Francisco, California 94105Attn: