<SUBMISSION>
<ACCESSION-NUMBER>0000912093-01-500039
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>4
<PERIOD>20011025
<ITEMS>7
<ITEMS>9
<FILING-DATE>20011025
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>JDS UNIPHASE CORP /CA/
<CIK>0000912093
<ASSIGNED-SIC>3674
<IRS-NUMBER>942579683
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0630
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-22874
<FILM-NUMBER>1766570
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>210 BAYPOINTE PKWY
<CITY>SAN JOSE
<STATE>CA
<ZIP>95134
<PHONE>4084341800
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>210 BAYPOINTE PARKWAY
<CITY>SAN JOSE
<STATE>CA
<ZIP>95134
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>body8k.htm
<DESCRIPTION>BODY
<TEXT>
<HTML>
<head>
<title>10252001 8K DOC</title>
</head>

<body bgcolor=white>
<font FACE="Times New Roman" SIZE="3">
<DIV align=left>
<HR align=left SIZE=2 width="100%">
</DIV>
<DIV align=left>
<HR align=left SIZE=2 width="100%">
</DIV>
<p align=center><IMG SRC="jdslogo.jpg"></p>
<p align="center"><font size="3"><B>UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</B></font></p>


<HR align=center SIZE=2 width="25%">
<br>
<p align="center"><font size="4"><B>FORM 8-K</B></center></font></p>
<HR align=center SIZE=2 width="25%">


<p align="center"><font size="3"><B>
               Current Report Pursuant to Section 13 or 15(d) of the
                      Securities Exchange Act of 1934
</B></font></p>

<p align="center"><font size="3"><B>
    Date of Report (Date of earliest event reported):
<font color="FF0000"> October 25, 2001
</B></font></p>
 <br>

<p align="center"><font size="5" color="#0000FF"><B>
                             <u>JDS Uniphase Corporation</u>
</B></font><br>
<font size="2">
            <i>(Exact name of registrant as specified in its charter)</i>
</font></p>

<p align="center"><font size="3"><B>
                       <u>Commission file number 0-22874</u>
</B></font></p>


<P>&nbsp;
<TABLE COLS=2 WIDTH="100%">
<TR>
<TD>
<font size="3"><B>
<CENTER><u>Delaware</u></CENTER>
</font></B>
</TD>
<TD>
<font size="3"><B>
<CENTER><u>94-2579683</u></CENTER>
</font></B>
</TD>
</TR>
<TR>
<TD>
<font size="2">
<CENTER>&nbsp;<i>(State or Other Jurisdiction of Incorporation or Organization)</i></CENTER>
</font>
</TD>

<TD>
<font size="2">
<CENTER><i>(IRS Employer Identification Number)</i></CENTER>
</font>
</TD>
</TR>
</TABLE>
<BR>



<p align="center"><font size="3"><B>
                             210 Baypointe Parkway<br>
                         <u>San Jose, California &nbsp;&nbsp; 95134<br>
</B></font></u><br>

<font size="2">
       <i> (Address of principal executive offices including zip code)</i>
</font></p>

<p align="center"><font size="3"><B><u>
                                (408) 434-1800
</B></font></u><br>

<font size="2">
               <i>  (Registrant's telephone number, including area code)</i>
</font></p>

<p align="center"><font size="3"><B>
                                 Not Applicable
</B></font></u><br>


<font size="2">
          <i>(Former name or former address, if changed since last report)</i>
</font></p>



<DIV align=left>
<HR align=left SIZE=2 width="100%">
</DIV>
<DIV align=left>
<HR align=left SIZE=2 width="100%">
</DIV>


<p><b>Item 7.&nbsp;&nbsp;Financial Statements and Exhibits.</b></p>




<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=650>
<TR><TD WIDTH="20%" VALIGN="TOP">
<P ALIGN="JUSTIFY"><U>Exhibit Number</U></TD>
<TD WIDTH="80%" VALIGN="BOTTOM">
<U><P ALIGN="JUSTIFY">Description</U></TD>
</TR>

<TR><TD WIDTH="20%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Exhibit 99.1</TD>
<TD WIDTH="80%" VALIGN="TOP">
<P ALIGN="JUSTIFY">
                Information contained in a script in connection with a conference
                call to be delivered by the officers of the Registrant on October
                25, 2001 furnished pursuant to Item 9 of this Form 8-K.
</TD>
</TR>

<TR><TD WIDTH="20%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Exhibit 99.2</TD>
<TD WIDTH="80%" VALIGN="TOP">
<P ALIGN="JUSTIFY">
                Press Release dated October 25, 2001.
</TD>
</TR>
</TABLE>


<p><b>Item 9.&nbsp;&nbsp;Regulation FD Disclosure.</b></p>

<p>On October 25, 2001, officers of JDS Uniphase Corporation, a Delaware corporation
(the  &#147;Registrant&#148;),  will  deliver a  conference  call that  includes
information  contained  in a script  which is  furnished as Exhibit 99.1 to this
Report on Form 8-K and incorporated herein by reference and a press release that
is furnished as Exhibit 99.2 to this Report on Form 8-K and incorporated  herein
by reference.</p>



<br>
<br>
<br>
<HR WIDTH="85%">
<br>
<br>
<br>

<P ALIGN="CENTER"><B>SIGNATURES</B></P>

<P ALIGN="CENTER">&nbsp;</P>
<P>Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned therunto duly authorized.</P>

<P>
<TABLE border=0 cellPadding=0 cellSpacing=0 width="100%">
  <TR>
    <TD width="38%"></TD>
    <TD width="62%"></TD></TR>
  <TR vAlign=top>
    <TD>&nbsp;</TD>
    <TD align=left>
JDS UNIPHASE CORPORATION
</TD></TR></TABLE>



<P>
<TABLE border=0 cellPadding=0 cellSpacing=0 width="100%">
  <TR>
    <TD width="38%"></TD>
    <TD width="2%"></TD>
    <TD width="60%"></TD></TR>
  <TR vAlign=top>
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD align=left>
/s/ Michael C. Phillips
</TD></TR></TABLE>


<TABLE border=0 cellPadding=0 cellSpacing=0 width="100%">
  <TR>
    <TD width="38%"></TD>
    <TD width="62%"></TD></TR>
  <TR vAlign=top>
    <TD>&nbsp;</TD>
    <TD align=left>
      <HR align=left SIZE=1>
    </TD></TR>
  <TR vAlign=top>
    <TD>&nbsp;</TD>
    <TD align=left>
Michael C. Phillips
</TD></TR>
  <TR vAlign=top>
    <TD>&nbsp;</TD>
    <TD align=left><I>
Senior Vice President, Business Development,<br>
General Counsel
  </I></TD></TR></TABLE></P>


<p>Dated:  October 25, 2001


<br>
<br>
<br>
<HR WIDTH="85%">
<br>
<br>
<br>
<P ALIGN="CENTER"><B> EXHIBIT INDEX</B>

<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=650>
<TR><TD WIDTH="20%" VALIGN="TOP">
<P ALIGN="JUSTIFY"><U>Exhibit Number</U></TD>
<TD WIDTH="80%" VALIGN="BOTTOM">
<U><P ALIGN="JUSTIFY">Description</U></TD>
</TR>

<TR><TD WIDTH="20%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Exhibit 99.1</TD>
<TD WIDTH="80%" VALIGN="TOP">
<P ALIGN="JUSTIFY">
                Information contained in a script in connection with a conference
                call to be delivered by the officers of the Registrant on October
                25, 2001 furnished pursuant to Item 9 of this Form 8-K.
</TD>
</TR>

<TR><TD WIDTH="20%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Exhibit 99.2</TD>
<TD WIDTH="80%" VALIGN="TOP">
<P ALIGN="JUSTIFY">
                Press Release dated October 25, 2001.
</TD>
</TR>
</TABLE>

<br>
<br>
<br>
<HR WIDTH="85%">
<br>
<br>
<br>
</body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>exh99-2.htm
<DESCRIPTION>EXHIBIT
<TEXT>
<HTML>
<HEAD>
<TITLE>10252001 8K Exhbit 99.2</TITLE>
</HEAD>
<BODY LINK="#0000ff" VLINK="#800080">


<p align=right><b>Exhibit 99.2</b></p>


<p align=RIGHT><IMG SRC="jdslogo.jpg"></p>

<font FACE="Arial" SIZE="6">
<I>News Release</I>
</font>

<P>
<TABLE COLS=2 WIDTH="100%">
<TR>
<TD>
<font FACE="Arial" SIZE="2">
For further information contact:<br>
<br>
Anthony R. Muller<br>
Executive Vice President and CFO<br>
408-434-1800<br>
<br>
Alison Reynders<br>
Director, Investor Relations<br>
408-428-6078
</font> </TD>
<TD>
<font FACE="Arial" SIZE="2">
<br>
JDS Uniphase Corporation<br>
210 Baypointe Parkway<br>
San Jose, CA<br>
95134  USA<br>
<br>
Tel 408 434-1800<br>
Fax 408 954-0540<br>
www.jdsuniphase.com
</font> </TD>
</TR>
</TABLE></P>
<br>
<br>
<font FACE="Times New Roman" SIZE="3">
<B><U><P ALIGN="CENTER">JDS UNIPHASE FIRST QUARTER RESULTS</P>
</U><P ALIGN="JUSTIFY">Ottawa, Ontario, and San Jose, California, October 25,
2001 </B>- JDS Uniphase Corporation (NASDAQ: JDSU and TSE: JDU) today reported
sales for its first quarter ended September 29, 2001 of $329 million. Sales for
the quarter were 45% below sales of $601 million reported for the quarter ended
June 30, 2001. The Company had earlier announced that sales for the quarter
would be approximately $325 million.</P>
<P ALIGN="JUSTIFY">"Our industry continues to be affected by declining carrier
capital spending and a weak overall economic environment, and we have adapted to
these circumstances by dramatically re-engineering our Company through our
Global Realignment Program," said Jozef Straus, Co-Chairman, President and CEO.
"To date, we have reduced our annual expense rate by over $600 million,
standardized on global product platforms, eliminated manufacturing redundancies,
maintained our strong financial position and redirected our research and development
program to focus on the most promising applications. These improvements have
allowed us to increase the level of collaborative engineering we can offer our
customers for the development of next generation systems. We believe these next
generation systems will be part of a future industry recovery and that we are
well positioned to help our company and our customers return to growth."</P>
<B><P>Global Realignment Program</P>
</B><P ALIGN="JUSTIFY">JDS Uniphase's Global Realignment Program continues on
schedule. </P>

<UL>
<P ALIGN="JUSTIFY"><LI>The estimated total cost of this program remains $900-950
million of which $778 million was recorded through the end of the first quarter.
The charges recorded in the first quarter included $278 million in restructuring
and related charges, of which $243 million was reported as restructuring charges, $26 million
was charged to cost of goods sold, and $9 million was charged to operating expenses. Included
in the total costs of  the Global Realignment Program are charges for obsolete inventory
write-downs  related to product platform consolidation, accelerated depreciation, and moving and
employee costs related to the phasing out of certain facilities and equipment.
</LI></P>
<P ALIGN="JUSTIFY"><LI>To date, the program has reduced the Company's annual
expense rate by over $600 million from the level at the commencement of the
Global Realignment Program. The Company's projected annual savings rate upon
completion of the Global Realignment Program is $800 million, $100 million more
than the Company's original target. The Company has closed seventeen sites to improve
manufacturing efficiencies and reduce costs. In total, the Company expects to
reduce its facilities by two million square feet.</LI></P>
<P ALIGN="JUSTIFY"><LI>The Company's employment is currently just below 13,000,
the announced target under the Global Realignment Program. </LI></P></UL>

<P ALIGN="JUSTIFY">In addition to charges associated with the Global Realignment
Program, the Company recorded charges of approximately $62 million for the
write-down of inventory, primarily for inventory being rendered obsolete by the
Company's new product programs. </P>
<B><P>Intangible Assets</P>
</B><P>The Company evaluated the carrying value of certain long-lived assets,
consisting primarily of goodwill, pursuant to Generally Accepted Accounting
Principles (GAAP). No reduction in the carrying value of the Company's long-lived assets for
the quarter was recorded as a result of this assessment. The
Company recorded a 42 million reduction in long-lived assets
pursuant to actions taken under its Global Realignment Program as well as amortization for the period.</P>
<B><P>Financial Results</P>
</B><P ALIGN="JUSTIFY">The Company reported a loss of $1.2 billion or $0.93 per
share for the quarter ended September 29, 2001. On a pro forma basis, excluding
reduction of goodwill and other long-lived assets, reduction in fair value of
investments, purchased intangibles amortization, payroll taxes on stock option
exercises, stock compensation charges, and activity related to equity method
investments, the Company reported a loss of $260 million or $0.20 per share for
the quarter ended September 29, 2001. These results reflect the costs of the
Global Realignment Program and charges for the write-down of obsolete inventory
related to the Company's new product development programs. The impact of the pro
forma adjustments listed above is summarized in the Company's pro forma
financial tables that follow in this release.</P>

<B><P ALIGN="JUSTIFY">Editors' Note</P></B>

<P ALIGN="JUSTIFY">Please note that analyst estimates for the September quarter
typically exclude the restructuring and other costs associated with the JDS
Uniphase Global Realignment Program. The pro forma amounts shown below do not
exclude such costs. This information should be noted
in any comparison between results for the quarter and First Call
and I/B/E/S consensus analyst estimates of a loss of $0.03 per share for the
quarter.</P>


<P>The following table summarizes the Company's pro forma results for the
quarter:</P>
<P ALIGN="CENTER"><CENTER><TABLE BORDER CELLSPACING=1 CELLPADDING=7 WIDTH=595>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>(in millions, except per share amounts)</TD>
<TD WIDTH="50%" VALIGN="TOP" COLSPAN=4>
<P ALIGN="CENTER">Three months ended</TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP" COLSPAN=2>
<P>&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="CENTER">September 29, 2001</TD>
<TD WIDTH="4%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="CENTER">September 30, 2000</TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP" COLSPAN=2>
<P>Net sales</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$329</TD>
<TD WIDTH="4%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$786</TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP" COLSPAN=2>
<P>Gross profit (loss)</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$(6)</TD>
<TD WIDTH="4%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$401</TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP" COLSPAN=2>
<P>Income (loss) from operations</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$(409)</TD>
<TD WIDTH="4%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$255</TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP" COLSPAN=2>
<P>Income (loss) before income taxes</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$(394)</TD>
<TD WIDTH="4%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$268</TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP" COLSPAN=2>
<P>Net income (loss)</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$(260)</TD>
<TD WIDTH="4%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$177</TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP" COLSPAN=2>
<P>Net income (loss) per diluted share</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$(0.20)</TD>
<TD WIDTH="4%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">$0.18</TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP" COLSPAN=2>
<P>Diluted weighted average shares outstanding</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">1,323</TD>
<TD WIDTH="4%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP">
<P ALIGN="RIGHT">1,011</TD>
</TR>
</TABLE>
</CENTER></P>
<br>
<FONT SIZE=2><P ALIGN="JUSTIFY">Pro forma results for the quarter ended
September 29, 2001 exclude a $42.0 million reduction of goodwill and other
long-lived assets; $443.3 million of purchased intangibles amortization; $106.5
million of reduction in fair value of investments; $23.8 million of non-cash
stock compensation; $0.5 million of payroll taxes on stock option exercises; and
$19.3 million in activity related to investments accounted for under the equity
method of accounting. Pro forma results for the quarter ended September 30, 2000
exclude the $48.6 million effect on gross profit of the purchase accounting
increase in the value of E-TEK inventory at June 30, 2000; $8.9 million of
acquired in-process research and development charges; $1,107.4 million of
purchased intangibles amortization; $34.9 million of payroll taxes on stock
option exercises; and $41.2 million of income related to investments accounted
for under the equity method of accounting.</P>
</FONT><B><P ALIGN="JUSTIFY">Financial Condition</P>
</B><P ALIGN="JUSTIFY">The Company's financial condition remained strong with
$1.6 billion in cash, money market and other highly liquid securities at
September 29, 2001. The Company reported $66 million in cash flow from
operations for the quarter.</P>
<B><P>Guidance</P>
</B><P ALIGN="JUSTIFY">The Company anticipates sales for the second quarter will
be approximately ten to fifteen per cent below the first quarter as the downturn
in the Company's markets continues. The Company anticipates that pro forma gross
margins for the second quarter will be in the range of 32% to 34% of sales because of low
capacity utilization and the effects of operating leverage and the Company
expects to report a pro forma loss of $0.01 to $0.02 for this period, excluding charges under
the Global Realignment Program. The Company  is not providing specific guidance for subsequent periods.</P>

<P ALIGN="JUSTIFY">Company management will discuss these results at 4:30 PM
Eastern Time on October 25, 2001 in a live webcast, which will also be archived
for replay, on the JDS Uniphase website at www.jdsuniphase.com under
Investor Relations / Webcasts &amp; Presentations.</P>

<P ALIGN="JUSTIFY">JDS Uniphase is a high technology company that designs,
develops, manufactures and sells a comprehensive range of products for high-performance
fiberoptic communications applications. These products are deployed
by system manufacturers worldwide to develop advanced optical networks for the
telecommunications and cable television industries. JDS Uniphase Corporation is
traded on the NASDAQ National Market under the symbol JDSU and the exchangeable
shares of JDS Uniphase Canada Ltd. are traded on The Toronto Stock Exchange
under the symbol JDU. More information on JDS Uniphase is available at
www.jdsuniphase.com.</P>

<P ALIGN="JUSTIFY">This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. These statements include (a) any statements or
implications regarding the Company's ability to remain competitive and a
leader in its industry, and the future prospects and growth of the Company, the
industry and the economy in general; (b) statements regarding the current
industry downturn, the extent and duration thereof and the extent and
sufficiency of the Company's response thereto; (c) statements regarding the
expected level and timing of benefits to the Company from its Global Realignment
Program and the expected cost thereof, including (i) the extent and timing of
projected cost reductions and their impact on the Company's financial
performance, and (ii) expected reductions in manufacturing capacity and
employees; (d) statements regarding the Company's ability to engage in collaborative
engineering with our customers; (e) statements regarding the development of next
generation systems, the Company's participation in such development, and the contribution
of such systems to any industry recover;
(f) any statement or
implication regarding the Company's products, the demand therefor and any benefits
expected therefrom; and (g) any anticipation or guidance as to future
financial performance, including, without limitation, (i) expected sales levels
for the second quarter, and (ii) expected pro forma gross margins and net loss for the second
quarter. These forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those projected, including,
without limitation, the following:<B> </B>(1) the Company's ongoing integration
and restructuring efforts, including, among other things, the Global Realignment
Program, may not be successful in achieving their expected benefits, may be
insufficient to align the Company's operations with customer demand and the
changes affecting its industry, or may be more costly or extensive than
currently anticipated; (2) due to the current economic slowdown, in general, and
setbacks in customers' businesses, in particular, the Company's ability to predict
financial performance for future periods is far more difficult than in
previous periods; and (3) ongoing efforts to reduce product costs
through, among other things, automation, improved manufacturing
processes and product rationalization may be unsuccessful.
</P>


<P>For more information on these and other risks affecting the Company's business, please
refer to the "Risk Factors" Section included in the Company's Annual Report on
Form 10-K for the year ended June 30, 2001. The forward-looking statements
contained in this news release are made as of the date hereof and JDS Uniphase Corporation does not
assume any obligation to update the reasons why actual results could differ
materially from those projected in the forward-looking statements.</P>
<br>
<br>
<br>
<B><P ALIGN="CENTER">-SELECTED FINANCIAL DATA FOLLOWS-</P>
</B>

<br>
<br>
<br>
<HR WIDTH="85%">
<br>
<br>
<br>

<TABLE BORDER CELLSPACING=1 CELLPADDING=2 WIDTH=601>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<B><P ALIGN="CENTER">JDS UNIPHASE CORPORATION</B></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<B><P ALIGN="CENTER">CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS</B></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<P ALIGN="CENTER">(in millions, except per share data)</TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<P ALIGN="CENTER">(unaudited)</TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="37%" VALIGN="TOP" COLSPAN=3 HEIGHT=18>
<P ALIGN="CENTER">Three months ended</TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="CENTER">September 29,</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="CENTER">September 30,</TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="CENTER">2001</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="CENTER">2000</TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=18><P></P></TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Net sales</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">$ 328.6 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">$ 786.5 </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Cost of sales</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">343.3 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">436.7 </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Gross profit</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(14.7)</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">349.8 </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Operating expenses:</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Research and development</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">69.2 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">62.4 </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=18>
<P>Selling, general and administrative</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="RIGHT">106.3 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="RIGHT">116.2 </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=18>
<P>Amortization of purchased intangibles </TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="RIGHT">443.3 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="RIGHT">1,107.4 </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Acquired in-process research and development</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">- </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">8.9 </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Reduction of goodwill and other long-lived assets</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">42.0 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">- </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Restructuring charges</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">243.0 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">- </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Total operating expenses</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">903.8 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">1,294.9 </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Loss from operations</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(918.5)</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(945.1)</TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Interest income, net</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">15.1 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">13.6 </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Activity related to equity method investments</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(19.3)</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(41.2)</TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Reduction in fair value of investments</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(106.5)</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">- </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Loss before income taxes</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(1,029.2)</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(972.7)</TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=19>
<P>Income tax expense</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">195.2 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">43.9 </TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=20>
<P>Net loss</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=20>
<P ALIGN="RIGHT">$ (1,224.4)</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=20><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=20>
<P ALIGN="RIGHT">$ (1,016.6)</TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=21>
<P>Net loss per share</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=21>
<P ALIGN="RIGHT">$ (0.93)</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=21><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=21>
<P ALIGN="RIGHT">$ (1.07)</TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" HEIGHT=20>
<P>Number of weighted average shares outstanding</TD>
<TD WIDTH="18%" VALIGN="TOP" HEIGHT=20>
<P ALIGN="RIGHT">1,322.7 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=20><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=20>
<P ALIGN="RIGHT">946.6 </TD>
</TR>
</TABLE>

<br>
<br>
<br>
<HR WIDTH="85%">
<br>
<br>
<br>

<TABLE BORDER CELLSPACING=1 CELLPADDING=2 WIDTH=635>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<B><P ALIGN="CENTER">JDS UNIPHASE CORPORATION</B></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<B><P ALIGN="CENTER">CONDENSED CONSOLIDATED BALANCE SHEETS</B></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<P ALIGN="CENTER">(in millions)</TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="CENTER">September 29,</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="CENTER">June 30,</TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="CENTER">2001</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="CENTER">2001</TD>
</TR>

<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="CENTER">(unaudited</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=18>
<P ALIGN="CENTER">&nbsp;</TD>
</TR>


<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=18><P></P></TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Current assets:</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Cash, cash equivalents and short-term investments</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">$ 1,754.0 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">$ 1,812.2 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Accounts receivable, less allowances for doubtful accounts</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">260.8 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">477.6 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Inventories</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">232.1 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">287.6 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Prepaid assets and other current assets</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">585.2 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">458.9 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Total current assets</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">2,832.1 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">3,036.3 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Property, plant, and equipment, net</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">976.8 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">1,173.0 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Deferred income taxes</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">398.1 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">806.3 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Goodwill and other intangible assets</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">6,564.2 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">7,045.6 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Long-term investments</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">136.7 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">169.0 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Other assets</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">20.5 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">15.2 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=20>
<B><P>TOTAL ASSETS</B></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=20>
<B><P ALIGN="RIGHT">$ 10,928.4 </B></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=20><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=20>
<B><P ALIGN="RIGHT">$ 12,245.4 </B></TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=20><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=20><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=20><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=20><P></P></TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Current liabilities:</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Accounts payable</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">$ 94.4 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">$ 190.6 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Accrued payroll and related expenses</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">103.5 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">133.0 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Income taxes payable</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">31.6 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">30.6 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Deferred income taxes</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">28.2 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">63.0 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Restructuring accrual</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">161.2 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">105.2 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Other current liabilities</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">343.1 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">326.1 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Total current liabilities</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">762.0 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">848.5 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Deferred income taxes</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">618.8 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">672.4 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Other non-current liabilities</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">4.5 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">5.2 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Long-term debt</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">10.7 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">12.8 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Stockholders' equity:</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Common stock and additional paid-in capital</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">68,018.3 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">67,955.3 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Accumulated deficit and other stockholders' equity</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(58,485.9)</TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(57,248.8)</TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=19>
<P>Total stockholders' equity</TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">9,532.4 </TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">10,706.5 </TD>
</TR>
<TR><TD WIDTH="66%" VALIGN="TOP" HEIGHT=20>
<B><P>TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY</B></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=20>
<B><P ALIGN="RIGHT">$ 10,928.4 </B></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=20><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=20>
<B><P ALIGN="RIGHT">$ 12,245.4 </B></TD>
</TR>
</TABLE>

<br>
<br>
<br>
<HR WIDTH="85%">
<br>
<br>
<br>

<TABLE BORDER CELLSPACING=1 CELLPADDING=2 WIDTH=581>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<B><P ALIGN="CENTER">JDS UNIPHASE CORPORATION</B></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<B><P ALIGN="CENTER">OPERATING SEGMENT INFORMATION</B></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<P ALIGN="CENTER">(in millions)</TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=4 HEIGHT=19>
<P ALIGN="CENTER">(unaudited)</TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="CENTER">September 29,</TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="CENTER">September 30,</TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="CENTER">2001</TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="CENTER">2000</TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Thin Film Products and Instrumentation:</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Shipments</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">$ 88.9 </TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">$ 128.2 </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Intersegment sales</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(5.1)</TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(39.7)</TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Net sales to external customers</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">83.8 </TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">88.5 </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Operating income</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(18.0)</TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">58.7 </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Transmission and Network Components</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Shipments</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">242.8 </TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">698.0 </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Intersegment sales</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">- </TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">- </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Net sales to external customers</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">242.8 </TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">698.0 </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Operating income</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(323.8)</TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">215.0 </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Net sales by reportable segments</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">326.6 </TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">786.5 </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>All other net sales</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">2.0 </TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">- </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">328.6 </TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">786.5 </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Operating income by reportable segment</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(341.8)</TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">273.7 </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>All other operating income</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(67.1)</TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(18.9)</TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Unallocated amounts:</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=38>
<P>Acquisition related charges and payroll tax on stock option exercises</TD>
<TD WIDTH="17%" VALIGN="BOTTOM" HEIGHT=38>
<P ALIGN="RIGHT">(509.6)</TD>
<TD WIDTH="5%" VALIGN="BOTTOM" HEIGHT=38><P></P></TD>
<TD WIDTH="19%" VALIGN="BOTTOM" HEIGHT=38>
<P ALIGN="RIGHT">(1,199.8)</TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Reduction in fair value of investments</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(106.5)</TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">- </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Activity related to equity method investments</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(19.3)</TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">(41.2)</TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=19>
<P>Interest and other income, net</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">15.1 </TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=19><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=19>
<P ALIGN="RIGHT">13.6 </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=20>
<P>Loss before income taxes</TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=20>
<P ALIGN="RIGHT">$ (1,029.2)</TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=20><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" HEIGHT=20>
<P ALIGN="RIGHT">$ (972.6)</TD>
</TR>
</TABLE>

<br>
<br>
<br>
<HR WIDTH="85%">
<br>
<br>
<br>

<TABLE BORDER CELLSPACING=1 CELLPADDING=2 WIDTH=592>
<TR><TD VALIGN="TOP" COLSPAN=6 HEIGHT=15>
<B><FONT SIZE=1><P ALIGN="CENTER">JDS UNIPHASE CORPORATION</B></FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=6 HEIGHT=15>
<B><FONT SIZE=1><P ALIGN="CENTER">PRO FORMA STATEMENTS OF OPERATIONS</B></FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=6 HEIGHT=15>
<FONT SIZE=1><P ALIGN="CENTER">(in millions, except per share data)</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=6 HEIGHT=15>
<FONT SIZE=1><P ALIGN="CENTER">(unaudited)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="48%" VALIGN="TOP" COLSPAN=5 HEIGHT=14>
<FONT SIZE=1><P ALIGN="CENTER">Three months ended September 29, 2001</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="15%" VALIGN="BOTTOM" HEIGHT=14>
<FONT SIZE=1><P ALIGN="CENTER">As Reported</FONT></TD>
<TD WIDTH="2%" VALIGN="BOTTOM" HEIGHT=14><P></P></TD>
<TD WIDTH="17%" VALIGN="BOTTOM" COLSPAN=2 HEIGHT=14>
<FONT SIZE=1><P ALIGN="CENTER">Pro Forma Adjustments</FONT></TD>
<TD WIDTH="14%" VALIGN="BOTTOM" HEIGHT=14>
<FONT SIZE=1><P ALIGN="CENTER">Pro Forma*</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Net sales</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ 328.6 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ - </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ 328.6 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Cost of sales</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">343.3 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(8.7)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">334.6 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Gross profit</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(14.7)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">8.7 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(6.0)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Operating expenses:</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Research and development</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">69.2 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(4.9)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">64.3 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Selling, general and administrative</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">106.3 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(10.7)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">95.6 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Purchased intangibles amortization and in-process
R&amp;D</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">443.3 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(443.3)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">- </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Reduction of goodwill and other long-lived assets</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">42.0 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(42.0)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">- </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Restructuring charges</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">243.0 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">- </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">243.0 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Total operating expenses</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">903.8 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(500.9)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">402.9 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Loss from operations</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(918.5)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">509.6 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(408.9)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Interest income, net</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">15.1 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">- </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">15.1 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Activity related to equity method investments</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(19.3)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">19.3 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">- </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Reduction in fair value of
investments</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(106.5)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">106.5 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">- </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Loss before income taxes</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(1,029.2)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">635.4 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(393.8)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Income tax expense (benefit)</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">195.2 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(329.0)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(133.8)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Net loss</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ (1,224.4)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ 964.4 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ (260.0)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Net loss per share</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ (0.93)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ (0.20)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Net loss per share, diluted basis</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ (0.93)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ (0.20)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Number of weighted average shares outstanding</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">1,322.7 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">1,322.7 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Number of weighted average shares and equivalents</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">1,322.7 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">1,322.7 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="48%" VALIGN="TOP" COLSPAN=5 HEIGHT=14>
<FONT SIZE=1><P ALIGN="CENTER">Three months ended September 30, 2000</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="15%" VALIGN="BOTTOM" HEIGHT=14>
<FONT SIZE=1><P ALIGN="CENTER">As Reported</FONT></TD>
<TD WIDTH="2%" VALIGN="BOTTOM" HEIGHT=14><P></P></TD>
<TD WIDTH="17%" VALIGN="BOTTOM" COLSPAN=2 HEIGHT=14>
<FONT SIZE=1><P ALIGN="CENTER">Pro Forma Adjustments</FONT></TD>
<TD WIDTH="14%" VALIGN="BOTTOM" HEIGHT=14>
<FONT SIZE=1><P ALIGN="CENTER">Pro Forma*</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Net sales</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ 786.5 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ &nbsp;&nbsp;&nbsp; </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ 786.5 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Cost of sales</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">436.7 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(51.5)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">385.2 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Gross profit</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">349.8 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">51.5 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">401.3 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Total operating expenses</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">1,294.9 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(1,148.3)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">146.6 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Income (loss) from operations</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(945.1)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">1,199.8 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">254.7 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Interest and other income, net</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(27.6)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">41.2 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">13.6 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Income (loss) before income taxes</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">(972.7)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">1,241.0 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">268.3 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Income tax expense</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">43.9 </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">47.3 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">91.2 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Net income (loss)</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ (1,016.6)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ 1,193.7 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ 177.1 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Net income per share</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ 0.19 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Net income per share, diluted basis</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">$ 0.18 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Number of weighted average shares outstanding</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">946.6 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P>Number of weighted average shares and equivalents</FONT></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<FONT SIZE=1><P ALIGN="RIGHT">1,011.4 </FONT></TD>
</TR>
</TABLE>

<P ALIGN="JUSTIFY">____________________<BR>

<FONT SIZE=1>
<P> *
Pro forma results for the quarter ended September 29, 2001 exclude a $42.0
million reduction of goodwill and purchased intangibles; $443.3 million of
purchased intangibles amortization; $106.5 million of reduction in fair value
of investments; $23.8 million of non-cash stock compensation; $0.5 million of
payroll taxes on stock option exercises;  and $19.3 million in activity
related to investments accounted for under the equity method of accounting.
Pro forma results for the quarter ended September 30, 2000 exclude the $48.6
million effect on gross profit of the purchase accounting increase in the
value of E-TEK inventory at June 30, 2000; $8.9 million of acquired in-process
research and development charges; $1,107.4 million of purchased intangibles
amortization; $34.9 million of payroll taxes on stock option exercises; and
$41.2 million of income related to investments accounted for under the equity
method of accounting.

<br>
<br>
<br>
<HR WIDTH="85%">
<br>
<br>
<br>

</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>5
<FILENAME>exh99-1.htm
<DESCRIPTION>EXHIBIT
<TEXT>
<HTML>
<HEAD>
<title>10252001 8K Exhbit 99.1</title>
</HEAD>
<BODY LINK="#0000ff" VLINK="#800080">

<p align=right><b>Exhibit 99.1</b></p>


<H2 ALIGN=CENTER>JDS Uniphase Conference Call Script -- 10/25/01</H2>


<B><FONT FACE="Arial"><P>JOZEF </P>
</B><P>&nbsp;</P>
<P ALIGN="JUSTIFY">Welcome to all of you on this call. I am joined by Greg
Dougherty, our Chief Operating Officer, and Tony Muller, our Chief Financial
Officer. This afternoon we would like to discuss with you our first quarter
results, report to you on the progress of our Global Realignment Program and
offer our perspective on our markets. We have made considerable progress in
reengineering our company to be a better partner for our customers now and in
the future as the market returns to growth. I believe that you will share my
enthusiasm for how this positions us going forward. I believe the long-term
opportunities in fiberoptics are very much intact and we are excited about JDS
Uniphase's prospects. Now let me ask Tony to review the safe harbor statement
and then Greg and I will provide a market and business report before Tony covers
the financials.</P>
<P ALIGN="JUSTIFY">&nbsp;</P><DIR>

<B><P>TONY </P>
<P>&nbsp;</P>
<P>FORWARD LOOKING LANGUAGE</P></DIR>

</B><P>We would like to advise you that our report and the discussions we will
have today include "forward looking statements," as that term is defined under
the Private Securities Litigation Reform Act of 1995. Forward-looking statements
are all statements we make, other than those dealing specifically with
historical matters (that is our historical financial results and any statements
we make about the conduct of our business, operations and finances up to this
moment). Our forward looking statements include any information we provide on
future business operations and guidance regarding the future financial
performance of the Company and any information regarding the likelihood, timing,
cost and any benefits of the business restructuring activities we discuss today.
All forward looking statements mentioned are subject to risks and uncertainties
that could cause the actual results to differ, possibly materially, from those
projected in the forward looking statements. Some, but not all, of these risks
and uncertainties are discussed from time to time in the press releases and
securities filings of the company with the SEC, particularly the "Risk Factor"
section of our Form 10-K filed for the fiscal year ended June 30, 2001. </P>
<P>We undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.</P>
<B><P>&nbsp;</P>
<P>JOZEF </P>
</B><P>Thank you Tony.</P>

<UL>
<LI>Our revenue in the first quarter was $329 million, down 45% sequentially.
While we believe that sequential declines of this magnitude are behind us, we
have not yet returned to growth. To ensure our profitability at lower revenue
levels, we are completing our Global Realignment Program as scheduled. We have
already reduced annual costs by over $600 million through the closure of
seventeen sites and a reduction in employment to just under 13,000. We now
believe that we will meet the cost goals of our Global Realignment Program by
the end of our March quarter. </LI>
<LI>What is most compelling is the story behind these numbers. Importantly, we
believe we have demonstrated the agility to respond quickly in a dramatically
changing environment. In the eight months from May, when we undertook the Global
Realignment Program, to December, the end of our second quarter, we will have
significantly re-engineered JDS Uniphase. We believe that these efforts,
combined with our ongoing strategic initiatives, position our company to offer
unsurpassed product breadth, technological innovation, competitive cost, and
responsive, effective manufacturing capability. </LI>
<LI>Our customer breadth attests to our leadership as major and emerging systems
manufacturers throughout the world look to JDS Uniphase as a partner. We are
staying very close to our customers in the current environment and I would like
to share with you how we are working with them today. </LI>
<LI>Our customers are predominantly focused on developing new systems that
dramatically lower network costs for the carriers. Our role in this is several-fold. </LI>

<LI>First, we are enhancing our systems knowledge to increase our collaborative
engineering with our customers. They are asking us to play a larger role in
their new system development by getting involved in the early stages and
defining how system performance can be optimized using our component and module
products and resources. This work helps lower our customers' engineering costs
and improves system performance. </LI>
<LI>Second, we are designing products with a lower cost of ownership.
Specifically module-level products that consume less power, have a smaller
footprint and offer more intelligence. </LI>
<LI>Third, we are taking significant costs out of our own operations to offer
lower pricing on components and modules. </LI>
<LI>Current business conditions reflect our customers' desire to carry less
inventory. Most orders today require quick delivery to meet our customers'
timeline for system deployment. The other type of product order we are receiving
is for new designs. We are not yet seeing regular production orders that
indicate customer interest in replenishing inventory. </LI>
<LI>To meet shorter lead times and rapidly changing volume requirements, we have
reduced the number of manufacturing plants, transferred labor-intensive products
to lower labor cost markets and improved efficiencies at our facilities. All of
our planning is now being done without assuming any overtime, giving our
customers a comfort level that we can add surge capacity with minimal advance
notice when business requirements increase. </LI>
<LI>Additionally, we recently announced an automation development alliance with
Adept Technology to develop best in class solutions for component and module
manufacturing processes. Our long-term goal is to improve the manufacturability
of optical components and modules using automated solutions wherever possible.
Importantly, automated manufacturability is a critical component of our new
product development process. By working with a leading-edge automation company
such as Adept, we believe we are enhancing our ability to optimize the
manufacture of the new products in our pipeline. </LI>
<LI>We do expect component prices to continue declining as they always have in
the past, and we have taken aggressive steps to reduce our costs. In addition to
lowering our own costs, we are also structuring our customer contracts as
portfolios. We believe we can provide a higher share of customers' volume needs,
a broader range of their component requirements across the system, the benefits
of a single source of a broad range of products, and the value of added
functionality in advanced modules. </LI>
<LI>Our design win activity remains strong and we continue to make appropriate
investments in R&amp;D as we expand our product portfolio in modules and
subsystems. </LI>
<LI>Research and development is one of JDS Uniphase's strongest attributes and
we recently conducted an intensive company-wide R&amp;D review to sharpen our
focus and strengthen our investments in the development of next-generation
products with more value and intelligence for our customers. We are making
considerable investments in more integrated modules and platforms with higher
performance, greater complexity, smaller footprints and lower cost. </LI>
<LI>Finally, we are left with the question, "Where is the bottom?" We still
cannot predict a bottom with utmost confidence although cancellations of
customer orders have declined significantly. We do not believe that September
was the bottom, but December or March may be. We recognize that carrier capital
spending is forecasted to decline, but given our discussions with customers
regarding their plans for new product launches and continued inventory
reductions, we believe that December or March can represent the low point of the
industry downturn. Of course, as our lawyers remind us, we cannot assure you
that this will be the case. </LI>
<LI>What we strongly believe is that fiberoptics is still a nascent industry
with considerable growth potential as optical systems penetrate further into the
telecommunications network. Every day I hear about applications consumers can
look forward to once the bandwidth is available. From Internet games to home
movies to networked appliances there are abundant opportunities requiring high
bandwidth delivery in the future. Not to mention the business world that has
become considerably more Internet intensive. </LI>
<LI>JDS Uniphase adapts as the industry travels through its various phases and
we intend to differentiate ourselves by offering customers technological
innovation, flexibility, longevity of supply and partnership. We have not lost
focus of the promising future of fiber optics and we are working today to
provide the bandwidth solutions for tomorrow. </LI>
<LI>Greg.</LI></UL>

<B><P>&nbsp;</P>
<P>GREG</P>
</B><P>Thank you Jozef. </P>

<UL>
<LI>I would like to take the next few moments to provide you with a status
report on our global realignment program and also give you an update on other
activities that we are now embarking on. </LI>
<LI>We have made a tremendous amount of progress on our Global Realignment
Program over the past three months. I am pleased to say that the majority of the
necessary actions have been taken and that we have detailed plans for all future
steps. Our people have worked very hard to complete our realignment ahead of
schedule and Jozef and I are both very appreciative. </LI>
<LI>Let me summarize what we have accomplished to date:</LI>
<LI>We have completed our plans for the Global Realignment Program and are well
on track to meeting them. Excluding one-time charges and reserve additions we
met our margin and expense targets in the first quarter. As we mentioned on last
quarter's call we believe the Global Realignment Program will result in a cost
structure that will result in a breakeven pro forma operating income at a
quarterly revenue level of $350 million or less. We expect to be at this cost
structure by the end of March, and we expect to realize its full financial
benefits in the fourth quarter. </LI>
<LI>Regarding our facilities, the program was designed to retain our global
presence with a much more manageable number of locations. We have reduced our
number of sites from 41 to 24, resulting in a reduction of 2 million square
feet. Our sites will now be distributed as follows: 2 in Canada, 2 in
California, 12 in the Eastern US, 4 in Europe, 1 in Australia, 3 in China. </LI>
<LI>We have reduced our employment from 29,000 to fewer than 13,000 and we will
not stop looking for additional opportunities to improve efficiency and lower
costs. The employment reductions have been very difficult for all of us at JDS
Uniphase and we were quite saddened by seeing so many people leave JDS Uniphase.
</LI>
<LI>We have also completed a reorganization of the company's operating units. We
have organized our Business Groups around platforms and applications. We believe
that this alignment will allow us to be quicker and more agile in developing new
modules with higher levels of integration and functionality. This structure is
also providing greater focus and assisting in our cost savings. </LI>
<LI>We now have two major Divisions: Transmission and Network Components and
Thin Film Products and Instrumentation. These Divisions are made up of 6
Business Groups.</LI>

<UL>
<LI>Our Transmission and Network Components Division is made up of the following
groups: </LI>

<UL>
<LI>Wavelength Routing, which includes our DWDM multiplexers/demultiplexers,
MEMS, switches, wave guides, circulators and tunable components and modules such
as Tunable filters, gain equalizers and dispersion compensators. </LI>
<LI>Amplification, which includes Erbium doped and Raman Amplifiers, Passive
Amplifier Components, Optical Performance Monitors, and Polarization Mode
Compensators. </LI>
<LI>Transmission Subsystems, which includes our lines of transceivers and
transponders, high-speed circuits and our CATV product lines. </LI>
<LI>Active Components, which includes all products based on our semiconductor
device platforms, such as high-speed modulators, 980 and 14XX pump lasers,
photodetectors and source lasers.</LI></UL>

<LI>Our Thin Film Products and Instrumentation Division includes our optical
coating, instrumentation and non-telecom businesses.&#9;&#9;</LI></UL>

<LI>We are pleased that we can soon begin to put the restructuring behind us and
move forward with renewed energy to drive JDS Uniphase to the next level. We
believe we are taking meaningful steps to improve our manufacturing execution,
our technology and our customer satisfaction, while continuing to ensure that
JDS Uniphase is a great company to work for. </LI>
<LI>As we mentioned on our last conference call, we are working towards a one-company model
for JDS Uniphase. In fact, we are ahead of several of our plans.
Our centralized customer service organization is largely in place. We believe
this organization is providing our customers with a much higher level of service
and responsiveness. We continue to make significant progress on the
centralization of our general accounting functions as well. We are able to do
this in part because of the investments we have made in our IT infrastructure.
</LI>
<LI>We have launched several new operations initiatives led by our Operations
Strategy Group with participation from each of our Business Groups. The purpose
of these key initiatives is to establish a set of standard best practices to be
used across the company. Key initiatives include the establishment of our
balanced scorecard, the establishment of an outsourcing team and automation.
</LI>
<LI>Our balanced scorecard is a tool to foster continuous improvement by
identifying, measuring and developing improvement plans for 20 key metrics that
capture all facets of a business. The metrics span financial performance,
customer satisfaction (including delivery performance and cycle time), quality
(in particular yield improvements), new product introduction and people
satisfaction. We are currently standardizing on a common language, and
determining how we measure performance and developing target performance levels.
The balanced scorecard is instrumental in establishing corporate wide
improvements and standardization. </LI>
<LI>On outsourcing, as you know we have been moving significant passive
component manufacturing to our China operations. Our transfers have been going
very well and for the most part are ahead of schedule. In addition to our China
operations, we already use numerous contract manufacturers. We have chartered a
team to develop a more integrated, one-company outsourcing strategy which will
extend our product cost leadership and provide surge capacity for our customers
by focusing on establishing strategic partnerships for our further outsourcing
expansions and extensions. </LI>
<LI>Regarding our automation strategy, as you know we have a centralized
automation team led by our Optical Process Automation team. As part of the
strategic development and supply agreement with Adept Technology, we will invest
$25 million in Adept convertible preferred stock and move forward with joint
development of best in class solutions for component and module manufacturing
processes based on the complementary skills found at OPA and Adept.
Independently, we are in the process of prioritizing our automation activities
and aligning them at the front end of our design process. In the product design
phase we are emphasizing a focus on the use of platforms as building blocks and
the re-use of existing automation platforms. </LI>
<LI>Finally let me discuss research and development. Our systems customers are
telling us that they need to provide more cost-effective solutions to their
carrier customers and our R&amp;D programming is targeted to help them do just
that. We are placing a tremendous amount of energy to better understand our
customers network architecture needs. We have already engaged with several key
customers to assist in developing the lowest cost architectures for both metro
and long haul networks. To facilitate this growing engagement with our customers
at the network architecture level, we are continuing to invest heavily in our
network test bed group. Some of the specific products that we are working on
are: </LI>
<B><LI>Transmission Products </LI>

<UL>
</B><LI>Modulators, Receivers, Transceiver and transponder products at 10 and 40
GBPS </LI>
<LI>Smaller footprint and lower power transponder modules for intermediate and
short reach applications </LI>
<LI>Mini lithium niobate modulators for smaller, lower cost applications </LI>
<LI>Power efficient, high speed drivers </LI>
<LI>Higher sensitivity receivers</LI></UL>

<B><LI>Erbium doped amplifiers </LI>

<UL>
</B><LI>Fast transient response times </LI>
<LI>Standard specification, lower cost amplifiers </LI>
<LI>Digital interfaces </LI>
<LI>Integrated Raman/erbium doped amplifiers</LI></UL>

<B><LI>Amplifier components </LI>

<UL>
</B><LI>Higher power and uncooled 980 pump lasers </LI>
<LI>14xx high power pump laser for Raman amplification&#9; </LI>
<LI>Laser welded platforms for passive components for higher power amplifiers
and pump combiners </LI>
<LI>Multi-function integrated hybrid passive devices for smaller size
amplifiers</LI></UL>

<B><LI>Network flexibility modules </LI>

<UL>
</B><LI>Tunable dispersion compensation modules </LI>
<LI>Tunable gain equalization modules </LI>
<LI>Polarization mode dispersion compensators. </LI>
<LI>Wavelength switching modules. </LI>
<LI>Integrated MEMs variable optical attenuators with tunable filter modules
</LI>
<LI>Tunable lasers </LI>
<LI>Add/drop multiplexer technologies for 100, 50 and 25 GHz channel
spacing</LI></UL>

<LI>Innovation and close collaboration with our customers to meet their current
and future needs have been the key ingredients in the success of JDS Uniphase.
We intend to continue investing aggressively in our R&amp;D programs to maintain
our technology and market leadership positions. To demonstrate that commitment
to our customers, over the next few quarters we expect R&amp;D expenditures to
be slightly above 15% of sales. </LI>
<LI>In summary, we are proud of what we have accomplished over the past three
months. I am particularly impressed by the level of cooperation that I have seen
across the company as we have pulled together this new organization. We are
confident that we are emerging as a stronger, more focused company, with a very
broad product portfolio and an all-star team.</LI>
<LI>Jozef.</LI></UL>

<P>&nbsp;</P>
<B><P>JOZEF</P>
</B><P>Thank you Greg. Now Tony will take you through the first quarter and
additional guidance for future periods.</P>
<P>&nbsp;</P>
<B><P>TONY </P><DIR>

<P>Numbers for the Quarter</P></DIR>


<UL>
</B><LI>Let me first give you the financial highlights for the
quarter.</LI></UL>

<OL TYPE="a">
<OL TYPE="a">
<OL TYPE="a">

<LI>Sales of $329 million in the quarter were down 45% from the fourth quarter.
As Jozef mentioned, we believe the steep slope of declining revenue is largely
behind us and we are beginning to see signs of stabilization. </LI>
<LI>Global Realignment Program charges were $278 million in the quarter. </LI>
<LI>Pro forma gross margin reflected the costs of the global realignment
program, the write down of $62 million in inventory, largely for products
becoming obsolete with our new product introductions, and higher warranty
reserves. </LI>
<LI>Our financial condition remains extremely strong. Cash remained unchanged at
$1.6 billion, although cash and short term investments, which include equity
securities, declined slightly because of lower equity market prices for some of
the shares we hold. We generated $66 million in cash flow from
operations.</LI></OL>
</OL>
</OL>


<UL>
<LI>These results demonstrate how quickly JDS Uniphase was able to react to the
changing environment and cut costs as necessary. We have remained cash flow
positive despite significant sales declines. More importantly, our operating
leverage has improved significantly through the elimination of redundancies,
tighter integration across the company, continued improvement in manufacturing
efficiencies and the ongoing transfer of products to lower cost labor markets.
We expect to have most of the Global Realignment Program costs behind us by the
end of December. </LI></UL>

<P>Looking at the quarter in more detail let me start with the Global
Realignment Program.</P>

<UL>
<LI>The total cost of this program is still estimated to be $900-950 million of
which approximately $800 million was incurred through the end of the first
quarter. In the first quarter we incurred charges of $278 million, of which $243
million was reported as restructuring, $26 million was charged to cost of goods,
and $9 million was charged to operating expenses. Included in the costs of the
Global Realignment Program are charges for obsolete inventory write downs
related to product platform consolidation, accelerated depreciation, and moving
and employee costs related to the phasing out of certain facilities and
equipment. </LI>
<LI>To date the program has reduced our annual expenses by over $600 million
from the levels experienced at the commencement of the Global Realignment
Program. By the end of our fourth quarter, the program is expected to reduce
annual expenses by $800 million through reductions in manufacturing capacity,
employment reductions, product rationalization, and decreased discretionary
spending. This is higher than our original plan that estimated annual savings of
$700 million. </LI>
<LI>The Global Realignment Program has largely proceeded ahead of plan. Our
current employment level of fewer than 13,000 was originally targeted for
December and we are in the final stages of shutting down the facilities
identified for closure. Thanks to the dedication and hard work of our team we
are putting the restructuring behind us and focusing all of our energy on
building a better partner for our customers.</LI>
<LI>Let me provide additional detail on our operating results.</LI></UL>

<OL>
<OL>
<OL>
<OL>

<LI>Alcatel was our only ten per cent customer for the quarter</LI>
<LI>We have revised our segment reporting to reflect our changed organization to
(i) Transmission and Network Components and (ii) Thin Film Products and
Instrumentation, as Greg discussed earlier.</LI>
<LI>Transmission and Network Components totaled $243 million in revenue, or 74%
of total sales. </LI>
<LI>Thin Film Products and Instrumentation accounted for $84 million in revenue,
or 26% of total sales. </LI>
<LI>Our book-to-bill ratio was below one for the quarter because of the
continuing downturn. And as reported in our Annual Report on Form 10-K, we did
experience additional cancellations in the September quarter.</LI>
<LI>We incurred charges of approximately $62 million for the write-down of
excess and obsolete inventory, largely charges for inventory being rendered
obsolete by our new product programs.</LI>
<LI>We also incurred higher warranty costs during the quarter. </LI></OL>
</OL>
</OL>
</OL>


<UL>
<LI>R&amp;D (pro forma)</LI>
<LI>Excluding a small amount of charges reported under the Global Realignment
Program, R&amp;D was approximately $64 million or 19.4% of sales for the
quarter, down 25% from the fourth quarter. We expect to spend over 15% of sales
over the remainder of fiscal 2002 on research and development. </LI>
<LI>SG&amp;A (pro forma)</LI>
<LI>SG&amp;A expenses, excluding Global Realignment Program charges, were $87
million or 26.4% of sales for the quarter. SG&amp;A expenses were down 39%
sequentially. </LI>
<LI>Interest and other income were $15 million for the quarter.</LI>
<LI>Our pro forma loss was $260 million or $0.20 per share for the first
quarter. These results reflect the costs of the Global Realignment Program and
charges for the write-down of excess inventory and exclude the costs we have
historically excluded, primarily those related to merger and acquisition
charges. </LI>
<LI>Please note that analyst estimates for the September quarter typically
exclude the costs associated with the JDS Uniphase Global Realignment Program.
The pro forma amounts shown above do not exclude such costs. Please remember
this information if you are comparing results for the quarter to First Call or
I/B/E/S consensus analyst estimates of a loss of $.03 per share for the quarter.
</LI>
<LI>For the first quarter shares were 1.32 billion. </LI></UL>

<B><P>Balance Sheet</P>
</B><P>I am pleased to report that our financial strength continued to improve
in the first quarter.</P>

<UL>
<LI>We generated $66 million in cash from operations during the quarter despite
the sales decline. </LI>
<LI>Capital spending for the first quarter was $56 million which was below
deprectiation. We expect capital spending for the entire year to be just over
$200 million. </LI>
<LI>The Global Realignment Program used approximately $50 million in cash during
the first quarter and this amount was reflected in net cash generated during the
quarter. To date, the Global Realignment Program has used $81 million in cash
and we expect an additional cash outlay of approximately $200 million over
future quarters. </LI>
<LI>DSAR were 72 days for the quarter. This was the same as the fourth quarter.
</LI>
<LI>Inventory turns for the quarter were 5.7, but really are not meaningful
because of the large inventory provisions we have taken in Q4 and Q1. </LI>
<LI>We held $1.8 billion in cash and marketable securities at the end of the
quarter, of which $1.6 billion was cash, money market and other highly liquid
fixed income securities. </LI>
<LI>We are shedding underutilized assets, reducing our capital spending and we
have installed the tools necessary to drive improved asset turnover. We are
working hard to remain an industry leader in financial strength as well as the
other elements of our business.</LI></UL>

<B><P>&nbsp;</P>
<P>Intangible Assets</P>

<UL>
</B><LI>As listeners on this call are aware, JDS Uniphase has been evaluating
the carrying value of certain long-lived assets, consisting primarily of
goodwill, pursuant to Generally Accepted Accounting Principles (GAAP). Base on
this assessment we did not record a reduction in the carrying value of the
Company's assets at September 29, 2001. The Company did record a $42 million
reduction in purchased intangibles pursuant to actions taken under the Global
Realignment Program in addition to amortization for the period. </LI></UL>

<B><P>&nbsp;</P>
<P>Guidance</P>

<UL>
</B><LI>We are still in a downturn, although the rate of descent has moderated
and we believe we can see the early signs of stabilization. The Company
anticipates sales for the second quarter will be approximately ten to fifteen
per cent below the first quarter as the downturn in the Company's markets
continues. We are not providing guidance for subsequent periods. At the sales
level projected for the second quarter we expect pro forma gross margins will be
in the range of 32% to 34% of sales because of low capacity utilization and the
effects of operating leverage and we expect to report a pro forma loss of $0.01 to
$0.02 for the period, excluding charges under the Global Realignment Program.
</LI></UL>

<P>&nbsp;</P>

<UL>
<LI>Jozef..</LI></UL>

<P>&nbsp;</P>
<B><P>JOZEF</P>

<UL>
</B><LI>Thank you Tony. I would like to thank all of our employees who have
performed so admirably during this difficult time. We all look forward to a
renewed focus on building our company without the difficult task of having to
ask some of our colleagues to leave. </LI>
<LI>In closing, let me say that I am energized by the level of collaborative
engineering occurring between ourselves and our customers on next generation
systems. We believe the value that these next generation systems can provide to
service providers in terms of cost savings and new service offerings is
compelling and we believe that the carriers will recognize this. The penetration
of broadband to the end consumer remains a very low absolute number and that
translates into considerable opportunity for the entire telecommunications
industry. We are optimistic about the long-term prospects of our company and our
industry. With our dramatic restructuring, new product pipeline, and strong
balance sheet, I am confident that the team and structure we have in place today
is well suited to keep JDS Uniphase at the forefront of optical component and
module technology.</LI>
<LI>We can now open the call to questions.</LI></UL>
</FONT>


<br>
<br>
<br>
<HR WIDTH="85%">
<br>
<br>
<br>

</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>jdslogo.jpg
<DESCRIPTION>LOGO
<TEXT>
begin 644 jdslogo.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``,"`@,"`@,#`P,$`P,$!0@%!00$
M!0H'!P8(#`H,#`L*"PL-#A(0#0X1#@L+$!80$1,4%145#`\7&!84&!(4%13_
MVP!#`0,$!`4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04
M%!04%!04%!04%!04%!04%!04%!04%!3_P``1"``[`1\#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#]4Z**XWXM
M?%OPU\$O!%[XJ\57OV33;;"(D8W37,I^Y#$F1N=L'`X``+,0JLPN$)5)*$%=
MO9";45=G3ZK?Q:9I\]W,VV.%"QY`SZ`9[DX`^M>1Z?X\UG3W9A<BX5F+&.X7
M<N3Z<@@>P('M62/VJ?@[\5=#N[?2/B;H=AY+KY@UF1M.\S@D!1<B,L,@9*@X
MP,]:U-2\#:SII)-H;F/(`DMOW@/'H.?TK^>_$[_6G"8^A4R^C5A3IQ?O13UD
MWK=+6R27Q*V_<^BREX.I3DJDHMON=EI?Q2L+D[;V"2R;/WE_>)C'<@`]>P!_
MPZZRU&VU&+S;6>.XC_O1L#CV/H:\!=&C=D=2KJ2K*PP01U!K1\-12SZ_81Q&
M0,\J@F)BK!?XL$<_=S7R&0>*F<+$4\'CZ2K<S4;KW97;MT3B_3E7J=V)RBCR
MN=.7+;7NCW:BJMAJEGJL4DME=0W<<<KP.\$@<+(C%'0D'AE964CJ""#R*M5_
M6!\BTT[,****!!1110`4444`%%%%`!1110`4444`%%%%`!1129H`6BBB@`HH
MHH`****`"BBB@`HHHH`****`"ORI_P""DWQ\'Q$^)MOX&TB[:30O"K.MV$8A
M)]1;B0D!RK")<1@E0RLTXY!%?=_[77QO_P"%"?`_6O$%K)LUVZQIND?+G%W*
MK;7Y1U_=JLDN'&UO+VY!85^)=??<+9?[2;QM1:1TCZ]7\OZV/$S&O9>RCUW.
MA^'G@35?B=XYT/PKH</G:IJUTEK#E7*Q[C\TC[%9A&BY=F`.U58XXK]Y?"OA
MJQ\&>&-(\/Z9&T6FZ59PV-JCL698HD"("3R3M4<U^<__``2T^#C:QXOU[XDW
MT*-9Z1&=+TXO&&)NI%!E=6W94I$0I!4AA<\$;2*_2VN;BC&>VQ*P\7I#?U?^
M2M^)IEU+DINH]W^13U'2+/58]EW:Q7`P5!=02H/7!ZC\*Y]_"NA>%)Y=?DG_
M`+/M;"%YI7FF`AB0(=[LS=`%R22<#%=97DO[5_B@^$/V=?'E\+871ETYK#RR
M^S'VEEM]^<'[OG;L=]N,C.1^88O*<NQ-6.+Q&'C*I!J2DXKF36JUWT/J,$JU
M>M#"TY/WVHV]7;]3\GF\;:]_PEMSXHBU:[M?$-S<RW<FHVDI@F\V0L9&#)C;
MG<W"X&"1TK[S_P""?'Q*\:_$>/Q5%XE\4:CK.GZ+%;QVL%[LE+/,\K,[3,IE
M<KY>`"^`'(QPN/SQK]0?^"?7A8^'_P!G>UOC<"?^V]2NK\)LV^3M86VS.3N_
MX]]V>/OXQQD\V!YI5M_,_H#CKZO0R=W@N9N,8NRNNNCZ:)KYGTK7#_'3QG?_
M``Y^"7Q!\6:6(6U/0O#VH:I:"X4M&9H;:21-P!&5W*,C(X[UW%?&O_!6OQK8
M^%OV+?$.F7<=P]QXDU/3]*LVA4%4E6=;LF0DC"^7:2C(!.XJ,8)(^C/YN/GC
M_@FI^UY\<?VE?VC)M!\;?$1]0\.Z5HEUJ\^FKHMA$+Q@\4"(9(H4=`K7`DRI
MY,0!X8UQ_P"U[_P4B^-</[3GB'P%\(M8.EZ7H^J?V#:6=EH<%U>:A>(5BE4B
M9)2[?:!(D8C"[EV?*6.:[7_@A]X$DCT[XJ>,[G2(3#++8Z18:LZ(90R"66Z@
M1OOJN)+-F'`8B/J4X^0/V0H+_P#:+_X*!^"M7U6\ATW4]6\5S>*[J2W@+1F:
M!I=1>)$+`JKM"4!W':&S\V,$`]4G_P""B'[8GP(UBSO/B+8W1MK^*6.TT_QM
MX1&G0SLI3>\9BCMY'9-R@X<@>8,CD5^C7[$/[<GAO]K[PE+"T46@?$#2X@VJ
MZ!YF0Z9"_:K8GEX22H(^]&S!6R&C>3L/VV?"6D>,_P!DGXMV>M6:WMM;>&K[
M4H49V39<VT+7$$@*D'Y98D;&<'&"""0?R1_X)'ZGXAL/VS]#@T6*:33;W2K^
MWUMH[?S%CLQ"9$9VP?+7[3':C=QDLJY^;!`/LW_@H%_P4UN/@/XEN?AO\,(+
M.^\8V\975]:OHC+!I;/$3''"F0))QO20LVZ-,!"LC%Q'\=:]^W;^VKX5\*Z?
MXGUK6O$&C^&M1\LV6LW_`(,LX+.Z\Q#)'Y4SV81]R`LNTG*@D<5PG_!1#X$>
M*/@O^T]XTOM;LI/[%\6ZM>:]H^J*F(+J*>8RR1J<GYXFEV.IPWW6QMD0G]$_
MV*O^"I^B?'WQ!I_@?XBZ=9>#_&U](T=A>V;,NF:C*7/EP*)&9H9B"JJK,PD9
M2`RLZ1D`^V_A[>^(=2\`^&KOQ=86^E>*Y],MI=7L+1@T-M>-$IGC0AW!59"Z
M@AVX`^8]3\+_`/!5?]K;XA_LX:E\-=/^&OC"#P_?ZG%J$^J6JVEI=RM&IMUM
MW99XW**2;@`C`8JW7;Q^A%?AE_P6`\;V_BS]L2YTN&VD@E\,Z%8Z3.[D$3.V
M^\#KCH-MXJ\]U/M0!^H?_!/[XB^+?B]^RQX5\;^-O$5QXD\0ZW/>RS7$UM;6
MZPK%=RVZ1QI!%&`NV$-E@S;G;YL;57X`_;@_X*$_&GX9_M5>._"?P\^(MO;>
M%=+GMK6VMK73=/O%AE%K#]HC,CPNQ99S,K*6)5@R\;<#]3_@1X/U#X>?`_X>
M>%=6$8U70_#NG:9>"%]Z>=#;1QR;6[C<IP>]?AA^SA)??M(?\%$O"^OZ?;V^
MCW&M^.9/%C6EU.TBP117#ZC+")`F781Q.BG:H9MN=H)(`/Z`[2%[:UABDGDN
MI(T56GF"AY"!@LP4!<GJ<`#T`J:OQS_X*L_M-^,_"_[4J>'/`7Q%\4^&K?1M
M!M+?4[#1M6NK&$7CO+/NVHZJ[&">WRXSV7/RX'F7QU^*/[5L?PW\*?%O4/$W
MC3P3\-]42#1/#\<7B62&YD@2)F@FN1&T<EQ-,D<LC73Q@RD%@$C:%:`/W9K\
M;_C#\//VP?'/[>&H7&AQ^,K&2Q\27/\`PC&OW"RIH6F:>S!HV$JJUN(FMXX?
M-C`9I2I1TDE)0_47_!,_]H77M9_8P\9^-?B3XCU/Q'#X0U;4F?4+Z1KJ\%E#
M9P73J78EY6!EEV[B3@JH(55`^//^":7QJ^,7Q/\`VPO!^FZQX_\`&WBGP[;V
M]_=ZI9ZAK=W=6JPBSF1'E1Y"NT320`$CAV3OB@#]L:*_#+_@H%^U'\0]*_;#
M^(^G^"/BMXKTWPY8W-M9Q66B:_=6]K!-%:0QW$:QI(%4B=90V!]X-WKF/VA/
MB)^V%\,+G0O$WQ,\:^./"+^+8FN-/@M]>-DCK$D.\&SM95%LRB6+<C1QMN8Y
M&[=0!^^E?CO\!OV_/C[^T'^V3X<\+>'_`!@UOX)UKQ.]Q'HEWIFGJ\6CQR/<
M20--Y!<NMK&Z[@VXD?>R<U]6?`G]LO7OBO\`\$\?'7Q,U'4(=+\=^%=+U33Y
MM6>"&*&;4H;426LR1DLA9_.MLH5"M*754"E17Y'?LM^%?BIXN^+MG:?!N"\/
MCA;2Z$-[9.L36$$D+0SSF9L+"/+E9!(2&#2)L/F%*`/Z3:*_`[X'_M'_`!]\
M`?M9^#?#'B7XA^-=2O;#Q=;Z'J^@WNN2ZE',?M0MKFW\N25H9&(,BJV>&PRL
M"%8?I/\`\%'/VXY?V4O!MCX?\*+;W'Q%\1PRM:2RO'(NDVZD*;N2$DEF9B5B
M#+Y;-'(6+"(QN`?95%?@M!K7[67C3X$^,OCY<_%7QAI/@S3[V/=))XBO;/\`
MM"2:Z6%_L5O$1&(XY954X\N,<JF3&RK[_P#\$J_C%\0?$/BCXK>/_B)\3/$&
MN>`_!OADR:A;ZYJ][?\`DO(_G+<1P,7!V165R"1\_P`X"AMQP`?K517X-1?M
M3_'W]LW]HVPT70OBI>?#:37IY+32;"+7[C2],M$`DDB@=K<`RRL?W8=D9W=D
M7@;0OZ-_L6?`_P",'[/E_P#$+Q!\>_B9<^)M/@L8/[/OKSQ7>7FGVL"B26\F
M=+DJL>T+#^\905"R8(4G(!]E45^,GBO]KGX^?\%`/V@HO!/P6UC5?`'AO+RV
M4%G=263PV\0;=>:A=6X9UW;U!0$QJS1(H=\._F4_[5O[07[&G[0>M:)?_%7_
M`(67?Z'NT^^M-1UJ\UK1IG:-6=,2.CK)$Y"L5V.LD3H25WJP![E_P4+\=^*_
M'/QE+:MH6LZ%X4TWS-/T$:I836B780K]HN$WG:Y9ROS+C,8@W`&OEH\=>/K7
M]#.Q2"-HP>,8KS2]_9G^%=UJFD:FG@+0M.U'2M0AU2TN]*LTLI4N(CN1F>$(
M74$Y*/E20"0<#'WV!XFI86A&@Z-E%65G_F>)6R^52;GS[GA/A;XQ_#C]@OP?
MX!^%OB>VU&'7K^QBU/5KO3[6.:*&:>0K+--("C2*KI(B[5=Q'`@P?ES]#?#7
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MK#;.^T/'+%%PK;`\N<#.2BD\M9.I3<([L^SX>XFR["YA1Q6*348.[5E?RMTW
M[V/D^OVG^$'@S_A7GPN\*^&VAM8+C3=-@M[@6:XB:<(/.<<#.Z3>Q)`)+$GD
MU\^:I_P3D\`R:[8ZAI6K:K:6J:BEU<Z9>,MQ;RVH<L]LA4)(F1A0Y=R`#G<3
MD?65<F#PTJ#DYGZIQCQ'A<[I4*>#;M&[E=6UTM^NQP/QH^._@;]GGPI;^)?B
M!KB^']$GO$L([DVTUQNG9'=4"1([<K&YSC'RFORF_P""I/[<'@?]HOP[X,\$
M_#75GU_1+2Z?6=3OGT^:V'V@(T-O%'YP1R0LDY?Y-IWQ88D,!^EW[67[+>@_
MM<?#*#P=K^KZEHL5I?#5+2[TWRR5N5AFBC\Q74[XP)V)4%2<##+7SG\&O^".
M_P`)OAYJ^B:SXJUG6/'VI:=-Y\ME=I#;Z5=L,[!);!7<JIVL5,Q5BN&#*64^
MF?F!P7P*\-P?L[_\$@?'VMZ^E_#+XQTO4KXVSPC=$]^BZ?9%1D?NW46TNX\X
MD)&<`5\=?\$S_B_\-?@9^T1>>+?B=J,.D:=;:#<Q:9?26,]TT-Z\L*@HL,;L
MK&`W*[L8PS#/(S^VGQ^^"&B_M%_"G6?A_P"(K_4M/T75C`;F729(HYSY4R3*
M`TD;J!OC7/RYQFOD'_ARI\$L?\C3X_\`_!C8_P#R'0!X5_P45_X*4>#?C3\-
M-0^%?PRAN=8TS4KB!]3\17ELUO"\4317$<=M&^)"WFJ`SR*FWRB%5PX=>L_X
M)2?L_7WP,\&>,_VA_B$MQX<T.?P_(--64,S/I:D7-S>20+&7VD6\)B*G+J)&
MV%7B9OHKX/?\$J_@)\)-;?5I](U#Q[=#;Y$?C":*[M[?Y75L01Q1Q2;@_/FK
M)@HA7:1D_2_Q/^'&C_%SX?:[X,UXWBZ-K5JUI=?V?=R6LVP]0)$(...5.589
M5@RLRD`^/O$G_!0O]C[]H/X<+I?Q%O,V%V9"^A>(_#UU-<6CXDB$JR6\<J1R
M;&8K)#+O42<%6R!^1.JZ/!KG[1EYI7P>>X>VO/%3VW@YX)WMIBKW96Q*R2E6
MC;!BPSE2IY8@@U^IFK?\$3/A5-=Z<VF>.?&-G;)+F]BNWM+AYX^/EB=88Q&W
M7YF5QR/EXY]__9L_X)[_``A_9>UX^(?#FGZAK?BA?-2WUSQ#<K<7%K'(JJR1
M*B1Q)PK#>$\S$DB[]K;:`/I6OY__`/@J")!^W3\3#(0Q)TW!5=HQ_9MK@<D]
ML`GOUXZ5_0!7S]^U)^P_\-/VMCH]QXO@O]-UC2\I#K6A2Q07C0'<3;NSQR*\
M>YMX#+E6W%2N^0.`>"?M!_\`!5WX0K\"/$+?#CQ+?:GX]U+3VM=.LDL+FSET
M^:9"OGO+)%Y>8-Q?:K-N9`H."77YG_X(R_`NY\3_`!EUSXH7^G;]%\+V3V.G
MW<OG1_\`$RN!M8QD`1R;+8S*ZLQ*_:83MR0R^[>$O^")'PZLFOSXF^(7BC5P
M\Y:S_LJ&VL?)BYPDGF)/YC=/F&P?[-???P_^'GASX5>#M,\*^$M'MM"T#381
M#:V5JN%1>I))RSLQ)9G8EF9BS$DDD`_!K]I1+W]HW_@HGXJT&]GM]&N-:\<1
M^$TNH(6D2".*=-.BF*%LLVR)'8;@"V[&T$`?7'_!;'Q4N@^%OA#\/M(NK.RT
M8/>:C/H=K'$ODB!(8+-PH&Z-`LMVB@84X;@E!M^AOAA_P2L^$GPP^+.C?$)-
M<\8^)=<TN^.IQIK^H6T\4MUR5FDV6Z.S*Y$@.\?.JDY&0>J_:@_X)Z_#K]K/
MQ]8>+O%^M>*-.U*RTR/2HXM$NK:*$Q)++*&(DMY#NW3,,@XP!QU)`/DKX1'_
M`(4M_P`$7O&OB?1/]*OO%OVW[;'J'SQ1_:KY-(D\H)M(Q;QAUW%L29)ROR#E
M?^"(?@7[?\4_B7XS^W>7_9.BV^D?8O*SYOVN<R^9OW?+L^P8V[3N\W.1MPWW
M]\6/V*?!'QA_9_\`!OP?U;5=?L/#'A;[']DN-,N(([N;[-;/;IYS-"R-N60L
MV$7+`$8Z5Y]<_L_>!OV`/V0/C3/X+UK4=/N[O2;R[3Q#J\\(OENS;&"SB6:&
M*/A9F'EK@D/,Y!^:@#\D/AUXTT+XJ_MO:+XT\3R:5X6\.ZYX[77[^/7)3+9V
M\$E[]H>"601X8$$Q;W54RP+F--S+]#_\%>?VCO!_QI^(_@GPUX,U73_$=AX6
ML[F:YUO2[L7%O+/=F$F!65=C>6EO&Q='<$S%3M:-A7D7_!/O]E#1/VN?BGXD
M\-^)+O6=+TG3M!EOX[_2#&NRZ\^&.))"\;J5*O*VT;6.SAA@U^D/P0_X)#?!
MWX8:AIVK^*;G4OB/JUJ@9H-5V0:8TPD5UD%J@W,`%VF.662-@S;E.1@`^:?&
MG@P_LU_\$>TT?7=.U*U\0?$K7K:[DMIWC86DCS)<0L0O*(UIIL1*$LZR2D-M
MY5.T_P""(/P]DAT7XH>.KC3;5HKBXL]%L-294:=6C62:ZA4_?1")K-B.`Q5>
MI3C[=_:D_92\-_M;>%='\-^+->\0:3HNFWIU`6NA26T7GS[&C1Y&E@E;Y%>4
M`*5!\QMP8A=M+X(?L=>$OV??@IXL^&7A37O$T>E>(I;N>;5)[R$:C:R3VT=N
MSP2QPHJ,JQJR$J2&YYZ4`?C?^RFM[^T?_P`%#/"&MSO;Z-?:QXPF\63I&K/$
MC0R2:C)"F3G#>4R`D\;@3G%:G_!5+5K[4?VXO'MO=WMQ=6]A#IMM9Q3RLZVT
M1L+>4QQ@G"*9)9'P,#=(YZL2?U!_9V_X)G_"C]FGXG6GCSP]J'B;6=;L[>:"
MT&N7D$D5NTJ[&E58H(SOV%T^8D8D;C."+7[7_P#P3R\!_M<:G!XBO=2U'PMX
MRMK(V,.JV`66&9`VZ/[1`W^LV9?!1XV(?#,0J!0#XW_X*"_M?_"[Q#^R5X`^
M%'PCU^>YM;N'3Y+C3XAY@LM+MHBL5I=R,25G\U(&V`LW[@EB`R>9V'_!)37/
M!'P4_96^*7Q6\6:E_8ME_P`)!'I^IW\P>2-(((83;@1HI8L9+Z0?*"6W*,<5
MZ_:_\$@/@?!\.Y?##W?B5[R?48M1F\0BYMO[0Q'%)&+9&-N42`F5I"H3<S!-
MSL(T"]WH/_!.CX;>'OV;_$?P4M];\6/X6US6$UJXNVU"%;U9E$`"AD@6-H_]
M&3Y)(W&26X8(5`/RL_;1_9S^$?PUM[7QQ\'/BQX>\6>&=;OML?A*#4(Y]3TB
M.2+S$SAVD>(%9%)E5)(]T*-YC%F'N7[,OQE^+WQ/_P""=/[1'A=-0:_M?".D
M6\.E:C?1AY%TZ3S6U&S\V3*NL=I$^P8WH)@JL`(@GNEK_P`$3?A8FO74MQXX
M\82Z(T8%O91O:I<1OQN9YS"5=3S@")2,CDXY^V?@M\$/!O[/O@*U\'^!M(31
M]&@=IGPQ>:XF;&^::1N7<X`R>BJJ@!550`?SC_"'X:0_%KQE%X=D\9>%_`SR
MP22QZEXOO9+.Q9D&?+,RQN$8KN(+[5.W:&W,JM^A_P"S#_P3S_9QUWXM3>&]
M6^,EK\:M9MM*_M?^PO#2M;6"V^XP.TUW!+)O(DEB*QI+$XP"RLC8KV7XF_\`
M!&3X0>*KZXO?".N>(/`[RR1E;%95O[*%`@5E191YV6(W9:9@"6`&,`>N_LP_
M\$\?AS^RAX_O?%_A/6?%&HZG=:=)IC1:S>020B)Y(Y"=L4$9+9B7&21R>,X(
M`/J*BBB@#RKXL_LP?#3XTPWC>)?"MB^IW)#-K5E$MO?AQ&8T8SJ`S[5(PDFY
M/E7*G:!7QC\7?^"5^JZ:EU??#CQ*FKQ(I>/1]<"Q7)"QYVK<*!&[NX(`9(E`
M89;@L?TCHI-7/.Q&7X;%:U(:]UH_Z]3\%?B9\'O&GP=U=--\9>';W0;F3/DO
M<(&AGVA2WE2J2DFT.F=C':6`.#Q6;\/O"3^/O'OAOPQ'<BR?6M3MM-6Y9-XB
M,TJQARN1D#=G&1G'6OWRU33;/6-.NK"_M(+ZQNXFM[BUN8Q)%-&PVLCJP(92
M"00>"":^'/C-^SY\/OAI^U/\`I_"_AN'16UO7KN]OH[:>7RGEA,,L6R,N5C5
M78D)&%7&!C``J>4^6Q&2>P:G"=XW6^^K_KL?=M%%%6?=!1110`4444`%%%%`
M!1110`4444`%%%%`!1110`5RGQ2^%GA?XT^!=3\&^,],_MGPWJ7E?:K+[1+!
MYGERI*GSQ,KC#QH>&'3!X)%=710!Y5\#/V6_AA^S9_;7_"N/#'_".?VSY'V_
M_3[JZ\[R?,\K_7ROMQYTGW<9W<YP,>JT44`%%%%`!1110`4444`%%%%`!111
$0!__V3\_
`
end

</TEXT>
</DOCUMENT>
</SUBMISSION>
