Interwoven Appoints John Van Siclen CEO 
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President and COO Assumes Expanded Role as CEO

SUNNYVALE, Calif. - July 17, 2002 - Interwoven, Inc. (Nasdaq: IWOV), the leader in Enterprise Content Management, today announced the appointment of John Van Siclen as CEO. Mr. Van Siclen succeeds Martin Brauns who will continue as chairman of the Board of Directors. Mr. Brauns will remain active in his chairman role on Interwoven's strategy and vision.

"Since he joined Interwoven, John has clearly demonstrated operational excellence and the leadership skills of a CEO," said Martin Brauns, chairman of Interwoven. "Now with the company on solid footing, I'm thrilled that my succession plan has come to fruition, and I look forward to continuing to work with John as Interwoven moves to the next level."

Since joining Interwoven Mr. Van Siclen has been instrumental in leading a number of very successful company and product initiatives that have resulted in significant market and media attention. In December of last year, Interwoven won Transform Magazine's prestigious "2001 Product of the Year" award for Enterprise Content and Collaboration Technology. The only content management vendor to win, Interwoven was chosen from among 24 content and collaboration technology provider finalists. According to Transform Magazine, Interwoven succeeded in addressing the needs of the Global 2000 including scalability, globalization, portal integration, XML authoring, digital asset management, and conventional document management.

Recently, under Mr. Van Siclen's direction and vision, Interwoven spearheaded a 9-city worldwide product launch, introducing several new market-leading content applications for portals, code and collaborative document management built on top of the Interwoven 5 platform. These new products were extremely well received around the globe and resulted in more than 1,000 attendees.

"The ECM market continues to gain traction and build momentum in the industry, and I am excited to be at Interwoven's helm to take advantage of this growing opportunity," said John Van Siclen. "Together with a stellar management team and talented staff worldwide, I am confident we will continue to lead the charge with solid, market-leading products and an ever-increasing and satisfied customer base."

Mr. Van Siclen joined Interwoven in 1999 as vice president of business development, was promoted to senior vice president of corporate development, then to COO and most recently served as president and COO since January of this year.

Prior to joining Interwoven, Mr. Van Siclen was president and CEO of Perspecta and served in several executive positions at Informix Software, Netframe Systems and Wyse Technology. Mr. Van Siclen has more than 24 years experience in the technology industry, primarily in sales, marketing, and business development.

About Interwoven
Interwoven, Inc. (Nasdaq: IWOV) is the world's leading provider of Enterprise Content Management software. The Interwoven 5 platform provides complete content lifecycle services including Content Processing, Content Management, Content Intelligence, Content Production and Content Distribution. Its products are used by more than 1000 global organizations including British Airways, Cisco Systems, General Electric, General Motors and Singapore Airlines. Interwoven teams with the leading best-of-breed enterprise application providers to provide customers complete, collaborative business enterprise solutions. Recently, Interwoven won Transform Magazine's "2001 Product of the Year" award for Enterprise Content and Collaboration Technology. For more information on Interwoven and its proven XML-based ECM solutions, visit the Interwoven Website at www.interwoven.cn .

Interwoven, TeamSite, TeamPortal, TeamCode, TeamDoc, the taglines, logo and service marks are trademarks of Interwoven, Inc., which may be registered in certain jurisdictions. All other trademarks are owned by their respective owners. Copyright 1996-2002 Interwoven, Inc. All rights reserved.



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