PREC14A 1 PROXY SOLICITED BY DYNATECH STOCKHOLDERS COMMITTEE IN OPPOSITION TO THE BOARD OF DIRECTORS The undersigned hereby appoints GARY N. SIEGLER, PETER M. COLLERY and NEIL KOFFLER, and each of them, as proxies, with full power of substitution, to vote as set forth below and in their discretion upon such other matters as may properly come before the meeting, for and on behalf of the undersigned, all the shares of common stock of DYNATECH CORPORATION held of record by the undersigned, at the close of business on June 13, 1994, at the Annual Meeting of Stockholders to be held in the Goodwin, Proctor & Hoar Conference Center, 2nd Floor, Exchange Place, Boston, Massachusetts, on Tuesday, July 26, 1994 at 10:00 a.m. and at any adjournments or postponements thereof, hereby granting full power and authority to act on behalf of the undersigned at said meeting or any adjournments or postponements thereof. PROXY UNLESS OTHERWISE SPECIFIED, THIS PROXY WILL BE VOTED FOR PROPOSAL 1, FOR PROPOSAL 2, AGAINST PROPOSAL 3 AND WILL BE VOTED IN THE DISCRETION OF THE PROXIES ON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT(S) OR POSTPONEMENT(S) THEREOF. COMMITTEE RECOMMENDS VOTE FOR PROPOSAL 1 AND PROPOSAL 2 1. Election of Directors for a term expiring in 1997 (as set forth in the Board's Proxy Statement) Nominees are: Gary N. Siegler, Peter M. Collery and Curtis Macnguyen FOR WITHHOLD ALL NOMINEES FROM ALL NOMINEES __ __ |__| |__| INSTRUCTION: To withhold authority for any individual nominee(s), check the "FOR" box above and write that nominee(s) name on the space provided below. __________________________________________________________________________ (CONTINUED AND TO BE SIGNED AND DATED ON THE REVERSE SIDE) 2. To retain an investment banking firm to conduct a sale or to implement a major restructuring (as set forth in the Committee's Proxy Statement). FOR AGAINST ABSTAIN __ __ __ |__| |__| |__| COMMITTEE RECOMMENDS VOTE AGAINST PROPOSAL 3 3. To approve the 1994 Stock Option and Incentive Plan (as set forth in the Board's Proxy Statement). FOR AGAINST ABSTAIN __ __ __ |__| |__| |__| PLEASE SIGN, DATE AND RETURN Signature:_____________________________________ _____________________________________ Title or Authority:____________________________ Date:__________________________________________ PLEASE SIGN, DATE AND MAIL YOUR BLUE PROXY TODAY