Advanced Workflow, XML-based Templating and Easy Browser Access of Interwoven TeamSite Helps 18 Harcourt Educational Businesses Quickly Bring New Content Online

SUNNYVALE, Calif. - June 26, 2000 - Interwoven, Inc. (Nasdaq: IWOV), the leading provider of enterprise-class content management software, announced today that Harcourt.com, the corporate Web site division of educational publisher Harcourt, Inc., is using Interwoven TeamSite to accelerate content management for its Lifelong Learning Supersite. Leveraging TeamSite's advanced workflow and browser-based interface, Harcourt.com will bring new content to the Web from a number of its educational, informational, and content-rich business units.

The Harcourt.com Lifelong Learning Supersite is bringing together content from a number of businesses within Harcourt, Inc. that focus on lifelong learning. Content for the Supersite includes lessons for kids in grades K-12 and their parents, college and graduate students, educators, business and legal professionals, science and health professionals - as well as personal enrichment and continuing education for all adults.

"The breadth and depth of our lifelong learning programs is the hallmark of Harcourt, and the timely delivery of this rich content to our Lifelong Learning Supersite is a top priority for Harcourt.com," said Chris Jordan, senior vice president of eBusiness for Harcourt.com. "TeamSite impressed us with its ability to turn anyone into a contributor through the advanced workflow, XML-based templating and browser-based access, along with an open architecture that ensures easy integration with other applications. Interwoven impressed us with its understanding of our business and by addressing our needs."

Interwoven TeamSite software will help streamline delivery of content from Harcourt's many businesses in several ways. First, Interwoven TeamSite software's advanced workflow supports streamlined approvals and quality assurance which minimizes bottlenecks often created when including multiple contributing organizations. Additionally, XML- based TeamSite Templating will make it easy for anyone to contribute content, allowing Harcourt professionals to focus on content rather than its publication to the Web. Finally, the open architecture of TeamSite lets it seamlessly integrate with ATG Dynamo Product Suite to facilitate the rapid delivery of personalized content.

"As one of the world's leading providers of lifelong learning information, Harcourt.com understands the central role of content in driving the success of its innovative Internet Learning Supersite," said Joe Ruck, vice president of corporate marketing for Interwoven. "Through the combination of our advanced workflow and templating, TeamSite will ensure the rapid development of quality content for its Supersite. Moreover, our hybrid architecture's support for multiple information formats, including HTML, XML, applications code, streaming audio and video, gives Harcourt.com the flexibility to creatively present educational material in the most effective ways possible."

Harcourt, Inc., is a leading global multiple-media learning company that provides educational, training and assessment products and services to classroom, corporate, professional and consumer markets. The Company is also a leading specialty retailer through its 54 percent controlling interest in The Neiman Marcus Group (NYSE: NMG). Harcourt Inc. is a wholly-owned subsidiary of Harcourt General, Inc. (NYSE:H).

Interwoven, Inc. (Nasdaq: IWOV) is the leading provider of enterprise-class content management solutions. Its flagship product, TeamSite, controls the development, management and deployment of business-critical Web sites. Interwoven solutions are based on an inclusive content architecture that empowers all content contributors and leverages diverse Web assets including XML, Java, rich html, multimedia and database content. TeamSite is available for the Sun Solaris operating system and Microsoft NT and Windows 2000 platforms. For more information on the company and its software solutions, visit the Interwoven Web site at www.interwoven.cn or e-mail info@interwoven.com