Covad Announces Results of Annual Meeting of Stockholders

Covad Communications Group, Inc. (AMEX:DVW), announced the results of its Annual Meeting of Stockholders held on June 7, 2007 in Santa Clara, California. At the meeting, the stockholders: Re-elected L. Dale Crandall, Diana Leonard, and Robert Neumeister as Class II Directors with terms that expire at Covad’s 2010 Annual Meeting of Stockholders. Approved Covad’s 2007 Equity Incentive Plan, replacing Covad’s 1997 Stock Plan. Ratified the appointment of PriceWaterhouseCoopers LLP as Covad’s independent registered public accounting firm for the fiscal year ending December 31, 2007. A replay of the Webcast is available at: http://www.covad.com/about/investors.html. A replay of the audiocast will be available through June 14 by dialing (800) 405-2236 and entering the passcode: 11090906#. About Covad Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, wireless broadband, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.