The actual number of Shares purchased, the timing of purchases and the price at which the Shares are bought will depend upon future market conditions, and upon potential alternative uses for Sandvine's cash resources. Any purchases will be made by Sandvine at the prevailing market price of the Shares at the time of purchase and will be subject to a maximum daily purchase volume of 227,719 Shares except as otherwise permitted under the TSX NCIB rules. All Shares purchased under the NCIB will immediately be cancelled. As at April 9th, 2008, Sandvine had 137,192,799 Shares issued and outstanding.

Sandvine intends to enter into an automatic purchase plan arrangement commencing as of April 11, 2008 with CIBC World Markets ("CIBC") pursuant to which CIBC will carry-out purchases on behalf of Sandvine under the NCIB through the facilities of the TSX.

ABOUT SANDVINE

Sandvine's award-winning network equipment helps DSL, FTTx, cable, fixed wireless and mobile operators characterize what is really happening on their networks, enabling polices that improve customer satisfaction, reduce operational costs and increase profitability. Sandvine's policy management solutions are both application and subscriber-aware, empowering service providers to better manage network traffic congestion, mitigate the proliferation of malicious traffic, and deliver QoS-prioritized multimedia services. With more than 100 customers in over 40 countries, Sandvine is enhancing the Internet experience for millions of broadband users worldwide. www.sandvine.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

Certain statements contained in this news release constitute forward-looking information within the meaning of securities laws.

Forward-looking information may relate to our future outlook and anticipated events or results and, in some cases, can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts.

These statements are based on certain factors and assumptions including expected growth, results of operations, performance and business prospects and opportunities. While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect.

Forward looking-information is also subject to certain factors, including risks and uncertainties, that could cause actual results to differ materially from what we currently expect. These factors include changes in market and competition, governmental or regulatory developments and general economic conditions.