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FOR IMMEDIATE RELEASE
Mar. 10, 2004

Tellabs presentation at Merrill Lynch Global Communications Investor Conference to be webcast live

Anders Gustafsson
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Naperville, Ill. — Anders Gustafsson, Tellabs senior executive vice president, global business operations, will speak to the investment community at the Merrill Lynch Global Communications Investor Conference on March 17 in New York, N.Y., at 2:45 p.m. Eastern time.

Interested investors can access a live audio webcast of the presentation at tellabs.com. An on-demand replay of the webcast will be available 24 hours after the presentation and will be archived for 90 days.

Tellabs (NASDAQ: TLAB) delivers technology that transforms the way the world communicates™. Tellabs experts design, develop, deploy and support our solutions for telecom service providers in more than 100 countries. More than two-thirds of telephone calls and Internet sessions in several countries, including the United States, flow through Tellabs equipment. Our product portfolio provides solutions in next-generation optical networking, managed access, carrier-class data, voice quality enhancement and cable telephony. For details, see www.tellabs.com.

MEDIA CONTACT:

Ariana Nikitas
+1.630.798.2532

INVESTOR CONTACT:

Tom Scottino
+1.630.798.3602

(View media contact list.)


Tellabs®, the Tellabs logo and Technology that Transforms the Way the World Communicates™ are trademarks in the United States and/or other countries. All other company names and products mentioned herein may be the property of their respective companies.