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Optical Cable Corporation Declares Quarterly Dividend

            Optical Cable Corporation Declares Quarterly Dividend

PR Newswire

ROANOKE, Va., July 15, 2013

ROANOKE, Va., July 15, 2013 /PRNewswire/ -- Optical Cable Corporation (Nasdaq
GM: OCC) ("OCC^®" or the "Company") today announced the declaration of a
regular quarterly cash dividend to OCC's shareholders.

OCC's Board of Directors declared a cash dividend of $0.02 per share on the
Company's common stock effective July 12, 2013. The dividend will be paid on
or about August 15, 2013, to shareholders of record on July 29, 2013.

The dividend announced today implies an annual cash dividend of $0.08 per
common share.

This dividend is the third quarterly dividend OCC's Board of Directors has
declared during fiscal year 2013.

It is anticipated that OCC's next quarterly dividend will be declared in
October 2013, consistent with OCC's normal quarterly dividend declaration
schedule.

Company Information

Optical Cable Corporation ("OCC^®") is a leading manufacturer of a broad range
of fiber optic and copper data communication cabling and connectivity
solutions primarily for the enterprise market, offering an integrated suite of
high quality, warranted products which operate as a system solution or
seamlessly integrate with other providers' offerings. OCC's product offerings
include designs for uses ranging from commercial, enterprise network,
datacenter, residential and campus installations to customized products for
specialty applications and harsh environments, including military, industrial,
mining, petrochemical and broadcast applications. OCC products include fiber
optic and copper cabling, fiber optic and copper connectors, specialty fiber
optic and copper connectors, fiber optic and copper patch cords,
pre-terminated fiber optic and copper cable assemblies, racks, cabinets,
datacom enclosures, fiber optic and copper patch panels, face plates,
multi-media boxes, wireless distributed antenna systems, fiber optic reels and
accessories and other cable and connectivity management accessories. OCC
products are designed to meet the most demanding needs of end-users,
delivering a high degree of reliability and outstanding performance
characteristics.

OCC^® is internationally recognized for pioneering the design and production
of fiber optic cables for the most demanding military field applications, as
well as of fiber optic cables suitable for both indoor and outdoor use, and
creating a broad product offering built on the evolution of these fundamental
technologies. OCC also is internationally recognized for its role in
establishing copper connectivity data communications standards, through its
innovative and patented technologies.

Founded in 1983, OCC is headquartered in Roanoke, Virginia with offices,
manufacturing and warehouse facilities located in each of Roanoke, Virginia,
near Asheville, North Carolina, and near Dallas, Texas. OCC primarily
manufactures its fiber optic cables at its Roanoke facility which is ISO
9001:2008 registered and MIL-STD-790F certified, its enterprise connectivity
products at its Asheville facility which is ISO 9001:2008 registered, and its
military and harsh environment connectivity products and systems at its Dallas
facility which is ISO 9001:2008 registered and MIL-STD-790F certified.

Optical Cable Corporation, OCC, Procyon, Superior Modular Products, SMP Data
Communications, Applied Optical Systems, and associated logos are trademarks
of Optical Cable Corporation.

Further information about OCC^® is available on the Internet at
www.occfiber.com.

FORWARD-LOOKING INFORMATION

This news release by Optical Cable Corporation and its subsidiaries
(collectively, the "Company" or "OCC") may contain certain forward-looking
information within the meaning of the federal securities laws. The
forward-looking information may include, among other information, (i)
statements concerning our outlook for the future, (ii) statements of belief,
anticipation or expectation, (iii) future plans, strategies or anticipated
events, and (iv) similar information and statements concerning matters that
are not historical facts. Such forward-looking information is subject to known
and unknown variables, uncertainties, contingencies and risks that may cause
actual events or results to differ materially from our expectations, and such
known and unknown variables, uncertainties, contingencies and risks may also
adversely affect Optical Cable Corporation and its subsidiaries, the Company's
future results of operations and future financial condition, and/or the future
equity value of the Company. A partial list of such variables, uncertainties,
contingencies and risks that could cause or contribute to such differences
from our expectations or could otherwise adversely affect Optical Cable
Corporation and its subsidiaries is set forth in Optical Cable Corporation's
quarterly and annual reports filed with the Securities and Exchange Commission
("SEC") under the heading "Forward-Looking Information." OCC's quarterly and
annual reports are available to the public on the SEC's website at
http://www.sec.gov. In providing forward-looking information, the Company
expressly disclaims any obligation to update this information, whether as a
result of new information, future events or otherwise except as required by
applicable laws and regulations.

AT THE COMPANY:
Neil Wilkin          Tracy Smith
Chairman, President & CEO   Senior Vice President & CFO
(540) 265-0690 (540) 265-0690
investorrelations@occfiber.com        investorrelations@occfiber.com
AT JOELE FRANK, WILKINSON BRIMMER KATCHER:
Andrew Siegel    Aaron Palash
(212) 355-4449 ext.                            (212) 355-4449 ext. 103
127
occ-jfwbk@joelefrank.com                occ-jfwbk@joelefrank.com

SOURCE Optical Cable Corporation

Website: http://www.occfiber.com