Sandell Urges All JDS Uniphase Stockholders to Vote "Against" Martin Kaplan and Thomas Waechter

Sandell Asset Management Corp. (“Sandell”) wishes to remind the stockholders of JDS Uniphase Corporation JDSU (“JDSU” or the “Company”) of the Company's 2014 Annual Meeting of Stockholders being held tomorrow, Friday, December 5.

Sandell believes that JDSU has taken steps to silence stockholder voice and has frustrated the ability of stockholders to hold the Board of Directors (the “Board”) accountable for its actions. As such, Sandell believes that stockholders should send a message to the Board that its actions will not go un-challenged, which is why Sandell encourages all JDSU stockholders to vote “AGAINST” current Directors Martin Kaplan and Thomas Waechter. Leading proxy advisory firm Institutional Shareholder Services (ISS) has recommended that stockholders vote “AGAINST” Martin Kaplan, a Director of JDSU since 1997 and Chairman of the Company's Governance Committee, as ISS believes “Kaplan bears direct responsibility for these actions to frustrate the exercise of shareholder rights.”

About Sandell Asset Management Corp.

Sandell Asset Management Corp. is a leading private, alternative asset management firm specializing in global corporate event-driven, multi-strategy investing with a strong focus on equity special situations and credit opportunities. Sandell Asset Management Corp. was founded in 1998 by Thomas E. Sandell and has offices in New York and London, including a global staff of investment professionals, traders and infrastructure specialists.