SUNNYVALE, Calif. -September 30, 2003- Interwoven, Inc. (Nasdaq: IWOV), a world-leading provider of content management for the enterprise, today announced that LG-Caltex Oil Corporation has selected the Interwoven content management platform to develop and manage their multiple Websites spanning local and international business units. Established in 1967 as a joint venture between LG Group and Caltex Corporation as Korea's first private petroleum refining company, LG-Caltex Oil Corporation is one of the largest petroleum refining companies in Asia, as well as a leading producer of petrochemical products.

"We evaluated a number of content management offerings from both domestic and foreign solution providers," said Dae Ho Jin, manager, Support Team, LG-Caltex Oil. "Interwoven's technical know-how, familiarity with our business, and depth of product offerings were key determinants that led to LG-Caltex Oil's decision to choose Interwoven to build out our content management initiative.

When the installation is completed, LG-Caltex Oil Corporation's content management capabilities will consist of Interwoven TeamSite content server software and Interwoven OpenDeploy distribution server software to integrate and manage seven Websites spanning its various business units locally and internationally. The implementation will handle both Korean and English languages, linking its partners (dealers), lubricants, PolyPropylene, and Sigma 6 business units currently managed by LG-Caltex Oil.

Interwoven to Help LG-Caltex Oil Reduce Operational Costs, Enhance Productivity

The new Interwoven platform will also allow several teams of developers and content designers to collaborate with one another, allowing for simple content design and publication by using shared templates. Interwoven's virtualization capability will help the company to dramatically reduce errors incurred during the QA cycle, increasing content consistency, and enhancing development productivity.

With Interwoven, LG-Caltex Oil expects to be able to reduce costs related to hardware and increase efficiency of its management operations, ultimately enabling the Company to consolidate several units of development and test servers for building seven Websites into just one Interwoven TeamSite server.

LG-Caltex Oil's principal business activities consist of petroleum refining and marketing, production of petrochemicals, including paraxylene, benzene, toluene and polypropylene, and the blending of lubricant oils. In the new millennium, LG-Caltex Oil has established its new vision "The Leader in Providing Total Energy Service," stepping up its efforts in the areas of city gas, LNG, power, alternative energy, convenience retail and e-business, and has relentlessly pursued excellence and innovation in every aspect of the business. Established in 1967 as a joint venture between LG Group and Caltex Corporation as Korea's first private petroleum refining company, LG-Caltex Oil Corporation is one of the largest petroleum refining companies in Asia, as well as a leading producer of petrochemical products. Interwoven, Inc. (Nasdaq: IWOV) provides the worlds best-integrated enterprise content management software. Allied with the leading enterprise application providers, the Interwoven 6 platform provides content management for more than 1200 organizations world wide including Air France, Cisco Systems, General Electric, General Motors, and Yamaha. For more information visit www.interwoven.cn.