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                      CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the use in this Registration Statement on Form S-1 of 
our reports dated April 6, 1999 relating to the financial statements of F5 
Networks, Inc., which appear in such Registration Statement. We also consent 
to the references to us under the headings "Experts" and "Selected Financial 
Data" in such Registration Statement.


PricewaterhouseCoopers LLP

Seattle, Washington
May 13, 1999


