Fore Systems Inc. Securities Litigation

This Notice is given pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the Court dated September 26, 2003. The purpose of this Settlement Notice is to inform you that this Action, and the proposed Settlement, will affect all Class Members' rights. This Settlement Notice describes rights you may have under the proposed Settlement and what steps you may take in relation to this Action. This Settlement Notice is not an expression of any opinion by the Court as to the merits of any claims or any defenses asserted by any party in this Action, or the fairness or adequacy of the proposed Settlement.

Pursuant to the Settlement described herein, a Settlement Fund consisting of $11.7 million in cash, plus interest, has been established. Plaintiffs estimate that there were approximately 51.1 million shares of FORE common stock traded during the Class Period which may have been damaged as a result of the alleged conduct. Plaintiffs estimate that the average recovery per damaged share of FORE common stock under the Settlement is $0.23 per damaged share before deduction of Court-awarded attorneys' fees and expenses. Depending on the number of claims submitted, when during the Class Period a Class Member purchased or otherwise acquired his or her shares of FORE common stock, and whether those shares were held at the end of the Class Period or sold during the Class Period, and if sold, when they were sold, an individual Class Member may receive more or less than this average amount.

Under the relevant securities laws, a claimant's recoverable damages are limited to the losses attributable to the alleged securities law violations. Losses which resulted from factors other than an alleged securities law violation are not recoverable from the Settlement Fund. For purposes of the Settlement herein, a Class Member's distribution from the Net Settlement Fund will be governed by the proposed Plan of Allocation described below at paragraphs 34- 43, or such other Plan of Allocation as may be approved by the Court.

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