TeamSite Advanced Workflow Will Make it Easy for Hundreds of Reuters' Global Editorial Staff to Tailor Finance Content for Each Country

Sunnyvale, Calif. , November 9, 2000 - Interwoven, Inc. (Nasdaq: IWOV) the leading provider of enterprise-class content management software, today announced that Reuters, the global news and technology group, will use Interwoven TeamSite software to manage the content of its Reuterspace Personal Finance Web sites, scheduled to debut in early 2001. Using TeamSite's scalable, advanced workflow, hundreds of contributors from Reuters' global editorial staff and third-party news sources will publish consumer-oriented news on personal finance, customized for the interests and language of each country.

"Personal finance news is an extremely competitive niche for media organizations, and we plan to be at the forefront in delivering up-to-the-minute, relevant content to subscribers of our Personal Finance sites," said Mike Radigan, senior vice president of development and operations for Reuters Personal Finance. "TeamSite offers advanced workflow to streamline the publishing of fresh content within these high-growth sites. With potentially hundreds of contributors supporting up to 15 countries in the next three years, TeamSite's superior scalability made it the best choice."

TeamSite's workflow function is an important part of the creation and operation of Reuters' Personal Finance Web sites, allowing content to be edited quickly and simultaneously in several languages. Reuters will use Interwoven's user-friendly, browser-based TeamSite Templating, enabling its non-technical staff to contribute content, as well as Interwoven Open Deploy software to syndicate content across a global network of production servers.

"As one of the world's leading news agencies, Reuters knows first hand that content is its business," said Joe Ruck, senior vice president of marketing at Interwoven. "We're proud that Reuters recognizes the unique value of our comprehensive solution in quickly bringing superior content to the Web. With Interwoven, Reuters can now engage the best experts available, since anyone can easily become a contributor. Meanwhile, TeamSite's advanced workflow, together with OpenDeploy, streamlines the process of getting the right content out to all Web sites."

Reuters ( about.reuters.com ), the global information, news and technology group, plays a significant role in the functioning of the financial and media markets. Reuters strategy is to make the financial markets work on the Internet. Reuters is the world's largest international news and television agency with 1,957 journalists, photographers and camera operators in 185 bureaux serving 153 countries, gathering and editing news in 24 languages. Reuters premier position is based on a reputation for speed, accuracy and impartiality as well as for continuous technological innovation. Reuters supplies news and information to over 900 Internet Web sites. Instinet, an independently managed subsidiary of Reuters, is the world's largest electronic agency brokerage firm. It covers the equities and fixed income markets. On 30 June 2000, the Group employed 17,067 staff in 215 cities in 98 countries.

Interwoven, Inc. (Nasdaq: IWOV) is the leading provider of enterprise-class content management software. 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. 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.