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Juniper Networks Added to S&P 500 Index

SUNNYVALE, June 2, 2006 - Juniper Networks, Inc. (NASDAQ: JNPR) today announced that Standard & Poor's (S&P) has added the company to the S&P 500 Index as of the close of trading on June 1, 2006.

"We are proud that Juniper has been added to the S&P 500. This recognition is a result of our steady growth achieved through focused execution and the continued confidence of our customers," said Scott Kriens, chairman and chief executive officer.

The S&P 500 Index consists of 500 stocks chosen for market size, liquidity, and industry group representation. It is a market-value weighted index (stock price times number of shares outstanding), with each stock's weight in the index proportionate to its market value. The "500" is one of the most widely used benchmarks of U.S. equity performance and is held broadly by U.S. and international index funds.

About Juniper Networks, Inc.

Juniper Networks is the leader in enabling secure and assured communications over a single IP network. The company's purpose-built, high performance IP platforms enable customers to support many different services and applications at scale. Service providers, enterprises, governments and research and education institutions worldwide rely on Juniper Networks to deliver products for building networks that are tailored to the specific needs of their users, services and applications. Juniper Networks' portfolio of proven networking and security solutions supports the complex scale, security and performance requirements of the world's most demanding networks. Additional information can be found at www.juniper.net.

Juniper Networks and the Juniper Networks logo are registered trademarks of Juniper Networks, Inc. in the United States and other countries. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.