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ADTRAN (ADTN) will start paying a quarterly dividend of $0.15 per share. Also a $2 per share special dividend will be paid.

Both dividends will be paid on August 29, 2003 to shareholders of record on July 31, 2003.

ADTRAN, Inc. is a provider of networking and communications equipment. The Company's solutions enable voice, data, video and Internet communications across a range of network infrastructures.