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PRESS RELEASE

Statement of Cisco President and CEO John Chambers Regarding FCC Chairman Michael Powell

SAN JOSE, Calif., January 21, 2005 - John Chambers' statement: "Chairman Powell has been a visionary in his leadership of the FCC as he truly understands Internet technology and its implications for the future of our country. His tenure as Chairman will be remembered for accomplishments in broadband deployment, allocation of spectrum for wireless broadband, and avoidance of crippling regulation on Voice over Internet Protocol (VoIP). I personally wish him well in his future endeavors and hope that our paths cross again soon."

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