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Covad Names John E. Trewin Senior Vice President and Chief Financial Officer
[March 02, 2005]

Covad Names John E. Trewin Senior Vice President and Chief Financial Officer

SAN JOSE, Calif. --(Business Wire)-- March 2, 2005 -- Covad Communications Group, Inc. (OTCBB:COVD), a leading national provider of integrated voice and data communications, today announced that it will appoint John E. Trewin as its Senior Vice President and Chief Financial Officer. The appointment will be effective March 16, 2005.

Trewin joins Covad with nearly 20 years' experience as a CFO. Most recently he has served as principal of Trewin and Associates, counseling domestic and international clients in the areas of finance, SEC compliance, investor relations and information technology. Prior to that he spent seven years as Vice President and CFO of California Micro Devices Corporation, a publicly held $50 million manufacturer and marketer of integrated semiconductor products for computer, telecommunications, networking and medical equipment manufacturers.

Trewin also served as CFO for The O'Brien Corporation, a $140 million privately held manufacturer and marketer of architectural, industrial and automotive coatings and supplies, and as Vice President, CFO and Director of Ampex Corporation, then a $700 million international manufacturer and marketer of television, instrumentation, and computer equipment and magnetic recording tape.

Trewin has a Bachelor's degree from the University of San Francisco and an MBA from the University of California-Berkeley and is a certified public accountant.

"I am pleased that someone with John's background and experience has agreed to join Covad as our chief financial officer," said Charles Hoffman, president and chief executive officer of Covad. "His financial experience combined with a background in high-tech, Silicon Valley companies will help ensure that Covad remains financially sound and maintains the strong financial controls we've already put into place."

Susan Crawford, the company's acting Chief Financial Officer, has notified the company of her intention to resign effective March 15, 2005 to accept a position with another company.

About Covad

Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site:

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