Plantronics Announces Accelerated Share Repurchase of $100 Million

SANTA CRUZ, CA, May 09 (MARKET WIRE) --
Plantronics, Inc. (NYSE: PLT) today announced that it entered into two
separate Accelerated Share Repurchase agreements ("ASR agreements") with
Goldman, Sachs & Co. ("Goldman") to repurchase an aggregate of $100
million of Plantronics' common stock under an accelerated share
repurchase program.

"In connection with the 7 million share repurchase authorization
announced on May 3, 2011, we are pursuing an accelerated pace by using an
ASR in this initial phase," said Ken Kannappan, President & CEO.

Plantronics is scheduled to pay $100 million to Goldman on or about May
12, 2011 and will receive delivery of shares by Goldman pursuant to the
ASR agreements. A majority of the shares are scheduled to be delivered by
Goldman by May 23, 2011. The remaining shares to be repurchased will be
based generally on the daily volume-weighted average price of
Plantronics' common stock during the term of the ASR agreements, and
under certain circumstances Goldman will not repurchase additional shares
and Plantronics will be required to make an additional payment or deliver
shares to Goldman.

To augment its financial flexibility as it executes on the 7,000,000
share authorization, on May 9, 2011, the Company entered into a credit
agreement (the "Credit Agreement") between the Company and Wells Fargo
Bank, National Association (the "Bank") which provides for a $100 million
unsecured revolving credit facility. At the closing of the Credit
Agreement, the Company did not draw any funds under the facility as it
intends to use domestic cash on hand to make the payment to Goldman.

Safe Harbor

This release contains forward-looking statements within the meaning of
Section 27A of the Securities Exchange Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, including
statements that the Company will repurchase $100 million of Plantronics'
common stock under an accelerated share repurchase program; that the
Company will repurchase 7,000,000 shares; that the Company will pay
Goldman $100 million on May 9, 2011, that the Company will receive shares
from Goldman pursuant to the ASR agreements; that the majority of shares
to be repurchased will be delivered by Goldman by May 23, 2011; that the
remaining shares to be repurchased will be based generally on the daily
volume-weighted average price of Plantronics' common stock during the
term of the ASR agreements or that the Company will request or the Bank
will agree to increase its commitment under the Credit Agreement up to
$100 million for the total facility size of up to $200 million. There are
important factors that could cause actual results to differ materially
from those anticipated by any such statements. These risks include, but
are not limited to: (1) the ASR Agreements are subject to terms and
conditions that include adjustments upon the occurrence of certain events
and certain circumstances under which the ASR Agreements may be
terminated; (2) failure to achieve the anticipated levels of cash
generation due to lower sales, increased costs, higher inventories, slow
collection of accounts receivable or other factors; (3) increases in the
yield which could be obtained from alternative investment of the funds
used to repurchase stock; and (4) an increased need for cash reserves
beyond the levels presently anticipated, as well as other matters
discussed in this press release that are not purely historical data.
Plantronics does not assume any obligation to update or revise any such
forward-looking statements, whether as the result of new developments or
otherwise.

For more information concerning these and other possible risks, please
refer to the Company's Annual Report on Form 10-K filed June 1, 2010,
quarterly reports filed on Form 10-Q and other filings with the
Securities and Exchange Commission as well as recent press releases.
These filings can be accessed over the Internet at
http://www.sec.gov/edgar/searchedgar/companysearch.html.

About Plantronics
Plantronics is a global leader in audio communications
for businesses and consumers. We have pioneered new trends in audio
technology for 50 years, creating innovative products that allow people
to simply communicate. From Unified Communication solutions to Bluetooth
headsets, we deliver uncompromising quality, an ideal experience, and
extraordinary service. Plantronics is used by every company in the
Fortune 100, as well as 911 dispatch, air traffic control and the New
York Stock Exchange. For more information, please visit
www.plantronics.com or call (800) 544-4660.

Plantronics, the logo design, and Clarity are trademarks or registered
trademarks of Plantronics, Inc. The Bluetooth name and the Bluetooth
trademarks are owned by Bluetooth SIG, Inc. and are used by Plantronics,
Inc. under license. All other trademarks are the property of their
respective owners.

INVESTOR CONTACT:
Greg Klaben
Vice President of Investor Relations
(831) 458-7533

MEDIA CONTACT:
Russell Castronovo
Director of Global Communications
(831) 458-7598

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