Nepean, Canada and San Jose, California - January 9, 2001 - JDS Uniphase Corporation (Nasdaq: JDSU and TSE: JDU) today announced the opening of its 320,000 square foot manufacturing facility in Shenzhen, China. The state-of-the-art facility is currently manufacturing a variety of passive optical components and plans to expand into additional product lines in the future, including active components and modules.

JDS Uniphase currently employs over 3,500 people at its facilities in China and Taiwan, primarily engaged in the manufacture of passive optical components for dense wavelength division multiplexing systems. The new facility, under construction since April 2000 as part of JDS Uniphase's ongoing expansion, includes 150,000 square feet of Class 10,000 clean room space. JDS Uniphase's Shenzhen operations are ISO 9002 certified and the products manufactured at this site have been qualified and pass the Telcordia 1221 reliability assurance requirements.

"JDS Uniphase has committed to its customers to be the high value, competitive provider of optical components and modules. By expanding our manufacturing capability in China, we expect to continue delivering on that promise," said Charles J. Abbe, President and Chief Operating Officer of JDS Uniphase. "With over four million square feet of manufacturing worldwide, we believe that JDS Uniphase is well positioned to meet the ongoing demand for optical components in the global telecommunications market."

Shenzhen is located approximately 45 kilometers from Hong Kong within the Futian Free Trade Zone. The area's infrastructure includes a modern super highway that provides easy access to Hong Kong International Airport and several overseas shipping ports.

JDS Uniphase is a high technology company that designs, develops, manufactures and distributes a comprehensive range of products for the growing fiberoptic communications market. These products are deployed by system manufacturers worldwide to develop advanced optical networks for the telecommunications and cable television industries. JDS Uniphase 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.

The statements contained within this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1934. These statements may be identified by their use of forward-looking terminology such as "intend", "believe", "will," "expects," and similar words. Such forward-looking statements include, but are not limited to any statement (a) regarding our ability to continue to deliver on our customer promises, (b) regarding our ability to meet the ongoing demand for optical components in the global telecommunications market, (c) statements or implications as to the future success of our Chinese operations, or implication that changes to our organization will result in higher levels of customer satisfaction. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. Some, but not all, of these risks and uncertainties are discussed from time to time in the press releases and securities filings of JDS Uniphase with the SEC, particularly the "Risk Factor" section of our Form 10-Q filed on November 14, 2000 and our Form S-4/A filed in conjunction with the SDL transaction on November 17, 2000. The forward-looking statements contained in this news release are made as of the date hereof, and the Company does not assume any obligation to update or qualify any of the statements made herein.