For Immediate Release - February 12, 1998

SUNNYVALE, CALIFORNIA - CALIFORNIA MICROWAVE, INC. (Nasdaq National Market:CMIC) announced today that on February 5, 1998, it completed the sale of its Satellite Transmission Systems (STS) division to L-3 Communications Corporation for $27 million in cash and will use the proceeds to commence a buyback of up to three million shares of its own stock. Buyback Program Targets 18% of Outstanding Shares California Microwave's board of directors has authorized the company to purchase, on the open market, up to three million shares of its stock, or approximately 18% of total shares outstanding, over the next six to twelve months. It is expected that the buyback program will be further funded by proceeds from the planned divestiture of California Microwave's Microwave Networks (MN) division, which continues in the auction process, and available cash flows generated during the period. Purchase of the total three million shares is contingent upon continued favorable market conditions, available cash flows and the completion of the MN divestiture. Efficient Use of Capital, Stock Buyback Complements Strategic Growth Plan California Microwave is in the process of finalizing its strategic plan, initiated in August 1997, to improve substantially the growth prospects of the company over the next three to five years. It expects to obtain approval of the plan from its board of directors in April. According to Donna S. Birks, executive vice president and chief financial officer, "At our current stock price, we believe a buyback is an attractive use of our planned divestiture proceeds and that our balance sheet and cash flows can finance investments contemplated in our strategic plan. We are using economic value added (EVA®) techniques to analyze our current businesses and future expansion and will divest or invest accordingly." Enhancing Shareholder Value "Divesting non-strategic divisions, instituting corporate governance guidelines, purchasing our shares, and executing against a focused strategic plan for growth are all steps that demonstrate California Microwave's commitment to shareholder interests, thereby maximizing value for us all," commented Frederick D. Lawrence, California Microwave's chairman and chief executive officer, upon announcing the sale of STS and a stock buyback program. Statements made in this press release that are not historical facts, including any statements about expectations for fiscal year 1998 and beyond are forward-looking statements, involving certain risks and uncertainties. Factors that could cause the company's actual results to differ materially from management's projections, estimates and expectations include, but are not limited to, delays in the receipt of orders or in the shipment of products, any delay in execution of the company's divestiture plan, and other factors referred to in the company's Securities and Exchange Commission filings. California Microwave, Inc. is a leading U.S. supplier of satellite earth station and microwave radio infrastructure products and information and collection systems. EVA® is a registered trademark of Stern Stewart & Co. For more information, contact:

Stephanie M. Day Vice President Corporate Communications (415) 596-6629

Investor Information Line: (Toll-free) 1-888-225-6789 http://www.calmike.com.

Deborah Passik William Dunk Partners, Inc. (919) 929-4100

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