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Exhibit (a)(1)(N)
ADC STOCK OPTION EXCHANGE PROGRAM
Statement of Exchanged Stock Options
Statement Date: July XX, 2003
To: Optionholder
Your personalized Statement of Exchanged Stock Options is located on the reverse side. The chart outlines your election to participate in the ADC Stock Option Exchange Program. Also included on the reverse side are key dates of importance and other information you should be aware of as it relates to the Stock Option Exchange Program.
You are receiving this statement because ADC has accepted your election to exchange your eligible options and those options have been cancelled effective June 28, 2003. There is no action required on your part at this time.
[Alternate paragraph to replace immediately preceding paragraph if condition is met eliminating Tier 1: Pursuant to the terms and conditions of the ADC Stock Option Exchange Program, since the average ADC stock closing price over the last five days of the offer period was $4.00 or higher, options in Tier 1 were not accepted for exchange. Even if you elected to exchange options in Tier 1, those options will remain in place under the terms of your existing stock option agreement(s). Options in Tiers 2, 3, and 4 that you elected to exchange, if any, have been accepted and those options h ...
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