Plantronics Completes Sale of Altec Lansing to Prophet Equity

Plantronics, Inc. announced its sale of Altec
Lansing, the Audio Entertainment Group (”AEG”) segment, to an affiliate
of Prophet Equity LP, a Southlake, Texas based private equity firm for
consideration of approximately $16.2 million in cash, net of
liabilities assumed, and subject to certain adjustments following the
closing.  The transaction was completed effective December 1, 2009. 
The change in the consideration from $18 million as previously
announced to $16.2 million reflects the change in the estimated value
of net assets being delivered at closing together with the negotiated
after-tax value of income in November.

Under the terms of the sale, Plantronics will retain certain Altec
Lansing assets and liabilities, including accounts receivable, accounts
payable and certain other liabilities.  As a result, Plantronics
expects these net assets to result in additional operating cash flow
once the retained working capital assets are monetized in fiscal 2010. 
Plantronics will also retain assets and/or the use of certain assets
with strategic value, including the right to use the Altec Lansing
brand for specific music applications for two years. 

As a result of the sale of Altec Lansing, Plantronics expects all
future and historical AEG segment results to be reported as
discontinued operations in its financial statements beginning in the
third quarter of fiscal 2010. 

Safe Harbor

This release contains forward-looking statements within the meaning
of Section 27A of the Securities Exchange Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended,
including statements that the Company expects that the net assets
realized from the sale of Altec Lansing will result in additional
operating cash flow once the retained working capital assets are
monetized in fiscal 2010.

There are important factors that could cause actual results to
differ materially from those anticipated by any such statements.  These
risks include, but are not limited to:  (1) failure to achieve the
anticipated levels of cash flow due to lower sales, increased costs,
higher inventories, slow collection of accounts receivable or other
factors; (2) economic conditions in the domestic and international
markets; (3) our ability to realize our UC plans and to achieve the
financial results projected to arise from UC adoption; and (4)
volatility in prices from our suppliers, including our manufacturers
located in China.   Plantronics does not assume any obligation to
update or revise any such forward-looking statements, whether as the
result of new developments or otherwise.


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