Assures Comprehensive Audit Trail and History of All Website Content

Sunnyvale, CA - September 11, 2001 - Interwoven, Inc. (Nasdaq: IWOV), the leading provider of Content Infrastructure, today announced that U.S. Bancorp (NYSE: USB) has selected Interwoven's Content Infrastructure product suite for their intranet and Internet sites.

"With the recent merger of U.S. Bancorp and Firstar, we realized the importance of having a Content Infrastructure that enables the company to have access to all content that was on our Website at any point in time," said Andrew J. Lang, executive vice president of eBusiness for U.S. Bank. "With Interwoven's version control and rollback feature, U.S. Bank can revert to a previous version or any portion of the entire Website at any time for any reason, which is important since we have more than 1.3 million registered users on our Website. Moving forward, we will have a complete history of all of our content exactly as it appeared to our site viewers."

An integral part of Interwoven's Content Infrastructure, whole-site versioning tracks and manipulates multiple versions of individual Web assets and groups of assets up to and including entire Websites. Content Infrastructure's versioning ensures that U.S. Bancorp will have a content contribution process that includes version control, site rollback and an audit trail of all contribution and publishing.

Another important feature of Content Infrastructure, especially for companies in regulated industries like banking, is the full audit trail that is created whenever a contributor approves or publishes content.

"As a financial services powerhouse, U.S. Bancorp recognized the value of Interwoven's complete audit trail capabilities," said Joe Ruck, senior vice president of marketing at Interwoven. "The combination of versioning, site rollback and an audit trail provides the central control so important for regulated companies to ensure quality and accuracy of their critical Web content."

For more information on Interwoven's rollback and full site versioning, please visit http://www.interwoven.cn/press/rollback.html

Minneapolis-based U.S. Bancorp, with assets in excess of $165 billion, is the 8th largest financial services holding company in the United States. The company operates 2,242 banking offices and 5,208 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is the parent company of Firstar Banks and U.S. Bank. Visit U.S. Bancorp on the web at http://www.usbank.com and Firstar Bank at http://www.firstar.com

Interwoven, Inc. (Nasdaq: IWOV) is the world's leading provider of Content Infrastructure software. Its content infrastructure product suite includes content aggregation, content collaboration, content management, content intelligence and content distribution. Its products are the de facto standard for over 700 Global 2000 companies including British Airways, Cisco Systems, General Electric, General Motors and Philips. Interwoven teams with the leading best-of-breed eBusiness application providers to provide customers an end-to-end platform for eBusiness. For more information on one of the fastest growing software companies in Silicon Valley and its proven XML-based solutions, visit the Interwoven Web site at www.interwoven.cn.