Frequency Electronics, Inc. Conference Call

MITCHEL FIELD, N.Y.--(BUSINESS WIRE)--March 14, 2001--Frequency Electronics, Inc. (AMEX-FEI) will conduct a Conference Call at 12 noon EST on Monday, March 19, 2001 to discuss its Third Quarter Fiscal Year 2001 results and answer questions from participants. The Company's Third Quarter results will be released at close of business Thursday, March 15, 2001.

The conference Call dial-in number is: 1-800-450-0819

Please ask for the Frequency Electronics Conference Call.

A live webcast of the call can be accessed under the Audio Archives link in the Financial section of FEI's website at www.frequencyelectronics.com or at StreetEvents (www.streetevents.com). The webcast will remain on the Company's website and may be replayed at any time after the call for the next 90 days.

About Frequency Electronics, Inc.

Frequency Electronics is a world leader in the design, development and manufacture of high-technology frequency, timing and synchronization products for satellite and terrestrial voice, video and data telecommunications. The Company's technologies provide unique solutions that are essential building blocks for the next generation of broadband wireless and fiber optic communications systems, and for the ongoing expansion of existing wireless and wireline networks. Additional information is available on FEI's website.

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