AGENDA:

Financial review and outlook from Dave Young, CFO

Business and opportunities forecast from Bob Stephens, CEO and president

Roxio spin-off update from Chris Gorog, CEO and president, Roxio, Inc.

Question and answer session (including Bob Schultz, COO)

HOW: Visit Adaptec’s Internet home page at http://www.adaptec.com, at least 15 minutes before the start of the teleconference. Adaptec will guide you in downloading any necessary applications for live audio feeds. If you would like to participate in the live conference call, you may do so by dialing (212) 896-6010 approximately 10 minutes prior to the call.

REPLAYS: A Webcast replay will be available until May 3, 2000 by accessing Adaptec’s home page at http://www.adaptec.com. A telephone replay will be available shortly after the call ends through May 3, 2001 by calling (800) 633-8284 and referencing reservation # 17652858.