CORRECTING and REPLACING Dolby Laboratories Announces Conference Call and Webcast for Q1 Fiscal 2015 Financial Results

In the fourth paragraph of the release dated January 06, 2015, the confirmation code should read: 1739077 (instead of 9228338).

The corrected release reads:

DOLBY LABORATORIES ANNOUNCES CONFERENCE CALL AND WEBCAST FOR Q1 FISCAL 2015 FINANCIAL RESULTS

Dolby Laboratories, Inc. (NYSE: DLB) will release financial results for the first quarter (Q1) of fiscal 2015 after the close of regular trading on Wednesday, January 21, 2015.

Members of Dolby management will lead a conference call open to all interested parties to discuss Q1 fiscal 2015 financial results for Dolby Laboratories at 2:00 p.m. PT (5:00 p.m. ET) on Wednesday, January 21, 2015.

Access to the teleconference will be available over the Internet from http://investor.dolby.com/events.cfm or by dialing 1-877-723-9502. International callers can access the conference call at 1-719-325-4798.

A replay of the call will be available from 5:00 p.m. PT on Wednesday, January 21, 2015, until 9:00 p.m. PT on Wednesday, January 28, 2015, by dialing 1-877-870-5176 (international callers can access the replay by dialing 1-858-384-5517) and entering the confirmation code 1739077. An archived version of the teleconference will also be available on the Dolby Laboratories website, www.dolby.com.

About Dolby Laboratories

Dolby Laboratories (NYSE: DLB) creates audio, video, and voice technologies that transform entertainment and communications in mobile devices, at the cinema, at home, and at work. For nearly 50 years, sight and sound experiences have become more vibrant, clear, and powerful in Dolby®. For more information, please visit www.dolby.com.

Dolby and the double-D symbol are registered trademarks of Dolby Laboratories. © 2015 Dolby Laboratories, Inc. All rights reserved. S15/28569 DLB-F