SAN JOSE, Calif. - March 9, 2011 - Cisco Systems, Inc. (NASDAQ: CSCO) today announced the pricing of three series of senior unsecured notes for an aggregate principal amount of $4 billion. The offering is expected to close on March 16, 2011.

Of these notes, $2.0 billion will mature in March 2014 and will bear interest at an annual rate of 1.625%, $1.25 billion will mature in March 2014 and will bear interest at a floating rate equal to three-month LIBOR plus 25 basis points, and $750 million will mature in March 2017 and will bear interest at an annual rate of 3.150%.

Cisco intends to use the net proceeds from this offering for general corporate purposes.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering of securities may be made only by means of a prospectus supplement and accompanying prospectus. Copies of the prospectus supplement and the accompanying prospectus can be obtained from:

BofA Merrill Lynch
100 West 33rd Street, 3rd Floor
New York, NY 10001
Attn: Syndicate Operations
dg.prospectus_requests@baml.com
1-800-294-1322

Goldman, Sachs & Co.
200 West Street
New York, NY 10282
Attention: Prospectus Department
prospectus-ny@ny.email.gs.com
1-866-471-2526

J.P. Morgan
383 Madison Avenue
New York, NY 10179
Attn: High Grade Syndicate Desk – 3rd Floor
1-212-834-4533

Citi
140 58th Street, 8th Floor
Brooklyn, New York 11220
Attention: Prospectus Department, Brooklyn Army Terminal
1-877-858-5407

Morgan Stanley
180 Varick Street, 2nd Floor
New York, New York 10014
Attention: Prospectus Department prospectus@morganstanley.com
1-866-718-1649

Wells Fargo Securities
1525 West W.T. Harris Blvd., NC0675
Charlotte, North Carolina 28262
Attn: Syndicate Operations
prospectus.specialrequests@wachovia.com
1-800-326-5897