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NEWBRIDGE NETWORKS DECLARES TWO-FOR-ONE STOCK SPLIT

 KANATA, June 14 /PRNewswire/ -- Newbridge Networks Corporation (NASDAQ-NMS: NNC) today announced that its board of directors today declared a 2-for-1 stock split effected in the form of a 100 percent stock dividend which will be paid on June 30, 1993, to shareholders of record as of June 23, 1993.
 The common shares will commence trading ex dividend on the NASDAQ National Market System and on The Toronto Stock Exchange on June 17, 1993.
 After the stock split there will be approximately 80 million common shares outstanding.
 This action is designed to facilitate broadened ownership and improve trading liquidity of the company's common shares.
 Newbridge Networks is an international company which designs, manufactures, markets and services multimedia, standards-based networking products for global LAN and WAN applications, all manageable by a single, graphically rich network management system. Facilities are located in Canada, the United States, Europe and Asia.
 Newbridge Networks Corporation is a public company whose common shares are quoted for trading on the NASDAQ National Market System (NNCXF) in the United States and listed for trading on The Toronto Stock Exchange (NNC) in Canada.
 -0- 6/14/93
 /CONTACT: Jim Marshall or Sandra Plumley of Newbridge Networks Corporation, 613-591-3600/
 (NNCXF)


CO: Newbridge Networks Corporation ST: Ontario IN: CPR SU:

TS -- NY068 -- 1636 06/14/93 12:11 EDT
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Publication:PR Newswire
Date:Jun 14, 1993
Words:217
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