Transaction in Own Shares

Waterloo, Canada; March 11, 2013 - Sandvine Corporation (TSX:SVC/AIM:SAND) announces, pursuant to AIM disclosure requirements, that in connection with the Company’s announced normal course issuer bid which commenced on February 1st, 2012, that for the period of March 4th, 2013 through March 8th, 2013 the Company acquired 50,000 common shares at an average price of CDN$ 1.88 per share. The shares purchased will be cancelled.

As at March 11th, 2013, the Company had 138,539,904 common shares in issue.

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

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