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Holdings in Company

Waterloo, Canada; January 20, 2012 – Sandvine Corporation (the ‘Company’) announces that the following number of options to purchase common shares in the Company under the terms of the Company’s Stock Option Plan have been granted as of January 19, 2012 to each of the following Directors of the Company at an exercise price of $1.17(C$):

 

Number of Options
David Caputo
Scott Hamilton
99,767
53,533

Mr. Caputo and Mr. Hamilton are each also Executive Officers of the Company.   As at January 19, 2012, the Company had 138,121,457 common shares in issue.

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

Andrew Chubb/Simon Bridges
Canaccord Genuity Limited
+44 207 050 6500

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