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ots Ad hoc-Service: ADVA AG <DE0005103006> ADVA Optical Networking Closes Acquisition of First Fibre

Martinsried/München (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
ADVA Optical Networking
(Neuer Markt: ADV), a leading global provider of optical networking
solutions, announces that on Thursday, July 13, 2000, the acquisition
of First Fibre Ltd. was successfully completed.  The total number of
newly-issued non-bearer shares for the acquisition of First Fibre
Ltd. was 1,061,862.
First Fibre Ltd. is a leading U.K.-based designer and manufacturer of
carrier-class fiber access equipment and optical networking systems.
First Fibre's solutions for high-speed data applications in
telecommunication carrier and enterprise networks expand ADVA's
presence to the edge of metropolitan access networks.  This
acquisition underscores ADVA's position as a leading global provider
of optical networking solutions in the enterprise and metro access
markets by adding complementary products to ADVA's portfolio.
The issuance of the new non-bearer shares for the closing of the
acquisition of First Fibre Ltd. results in a new nominal capital of
32,008,212 Euro for ADVA Optical Networking.  These shares have been
issued following ADVA's capital increase from reserves, similar to a
5-for-1 stock split, which was effective on July 12, 2000.  As a
result of this capital increase from reserves, the number of ADVA
shares outstanding increased from 5,157,725 shares to 30,946,350
shares.
About ADVA Optical Networking ADVA Optical Networking is a leading
global provider of optical networking solutions.  Since its
foundation in 1994, ADVA has specialized in the design, development
and delivery of cost-effective optical networking solutions. Its
products are implemented in both private and public networks,
including Data Centers, Storage Area Networks (SAN), and Metropolitan
Area Networks (MAN) for fiber-based data services to the enterprise.
Products and services are distributed via a global network of
strategic business partners. The company currently has an installed
base of more than 25 telecommunication service providers and 220
private enterprise customers. ADVA is headquartered in Munich
(Germany), with R&D centers in Cambridge (UK), Meiningen and Berlin
(Germany).  Worldwide sales offices are located in Munich and Berlin
(Germany), Cambridge and Bristol (UK), Paris (France), Ramsey (New
Jersey, USA), and Tokyo (Japan). Visit www.advaoptical.com for more
information about ADVA Optical Networking.
Published by:
ADVA AG Optical Networking, Martinsried/Munich and Meiningen, Germany
www.advaoptical.com
For Investors:
Alexa M. Schmidt
Tel. +49/89/89577-161 (Europe)
Tel. +1/201/995-0080 (U.S.)
Email:  investor-relations@advaoptical.com
For European Media:                     For U.S. Media and Industry
                                        Analysts:
Harvard Public Relations GmbH           Interprose PR
Stefan Ehgartner / Stefanie Weckerle    Kristin Duskin-Gadd
Tel. +49/89/532957-32                   Tel. +1/703/359-0305
Email:  weckerle@harvard.de              Email:
                                        kduskin-gadd@interprosepr.com
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