Exhibit 10.1


FOR IMMEDIATE RELEASE              Contact:  Michael J. Rockenbach
                                                 Chief Financial Officer
                                                 (714) 513-8213


                   EMULEX ANNOUNCES TWO-FOR-ONE STOCK SPLIT

Costa Mesa, Calif., August 2, 1999. . . Emulex Corporation (NASDAQ:EMLX), a
leader in fibre channel technology and products, announced today that its Board
of Directors has approved a two-for-one common stock split.  The stock split
will be implemented in the form of a stock dividend of one share of Emulex
Common Stock for each share of common stock outstanding to stockholders of
record on August 16, 1999.  The stock dividend is payable on August 30, 1999.
Following the effective date of the split, Emulex will have approximately 17
million shares outstanding.

Emulex is a leading designer, developer and supplier of a broad line of fibre
channel host adapters, hubs, ASICs and software products that enhance access to,
and storage of, electronic data and applications.  The company's products are
based on internally developed ASIC technology, are deployable across a variety
of heterogeneous network configurations and operating systems, and enhance data
flow between computers and peripherals.  Emulex's products offer customers the
unique combination of critical reliability, scalability, high performance and
customization for mission-critical server and storage system applications.  The
company also markets traditional networking products such as printer servers and
network access products, including communications servers and WAN adapters.
Emulex markets to OEMs and end users through its own worldwide selling
organization, as well as two-tier distribution partners.  Corporate headquarters
are located in Costa Mesa.  News releases and other information about Emulex are
available via the Web at http://www.emulex.com.
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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: With the exception of historical information, the statements set forth
above include forward-looking statements that involve risk and uncertainties.
The Company wishes to caution readers that a number of important factors could
cause actual results to differ materially from those in the forward-looking
statements.  Those factors include the following: the fact that the Company's
markets are characterized by rapidly changing technology, evolving industry
standards and frequent introductions of new products and enhancements, and the
Company's ability to respond to such changes; difficulties which the Company may
experience in exiting its manufacturing operations; the fact that the fibre
channel market is at an early stage of development; the highly competitive
nature of the markets for the Company's products; the Company's ability to
attract and retain skilled personnel; the Company's reliance on third party
suppliers for components used in the Company's products; and the Company's
reliance on certain contract manufacturers, OEMs, distributors and key
customers.  These and other factors which could cause actual results to differ
materially from those in the forward-looking statements are also discussed in
the Company's filings with the Securities and Exchange Commission, including its
recent filings on Form 10-K and Form 10-Q.

This news release refers to various products and companies by their trade names.
In most, if not all, cases these designations are claimed as trademarks or
registered trademarks by their respective companies.