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Holdings in Company

Sandvine Corporation (the 'Company') announces that it has been notified of the following sales of common shares in the Company by Directors on 9 October 2007 at a price of $6.80(C$):

 
Shares Sold
Remaining
Holdings
The Dave Caputo Trust (1)
325,000
3,174,100
The Tom Donnelly Trust (2)
310,000
2,957,930
Scott Hamilton
130,000
384,461 (3)

As at 9 October 2007, the Company had 135,963,289 ordinary shares in issue.

(1) Dave Caputo, a director of the Company, is a trustee of The Dave Caputo Trust.
(2) Tom Donnelly, a director of the Company, is the trustee of The Tom Donnelly Trust.
(3) Inclusive of common shares represented by stock options held by Mr. Hamilton.


Enquiries:
Rick Wadsworth, Director of Investor Relations
Sandvine Corporation
+519 880 2400 x.3503

Chris Bowman/Andrew Chubb
Canaccord Adams Limited
+44 207 050 6500