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Interwoven Announces Preliminary Third Quarter 2008 Revenues in the Range of $65 to $66 Million

Revenue Results Expected to Exceed Guidance

SAN JOSE, Calif., - October 2, 2008 - Interwoven, Inc. (NASDAQ: IWOV), a global leader in content management solutions, today announced revenues for the period ended September 30, 2008 are expected to be higher than previously forecast for the period. Interwoven expects to report total revenue in the range of $65 to $66 million, compared to the range of $63 to $65 million it guided to early in the third quarter.

Interwoven plans to release complete third quarter financial results for the period ended September 30, 2008 after the market close on Thursday, October 23, 2008. The company will hold a conference call at 2:00 p.m. Pacific Daylight Time that day.

Conference Call Details:
Date: Thursday, October 23, 2008
Time: 2:00 p.m. PDT (5:00 p.m. EDT)
Live Dial-in #: 877-723-9502 or 719-325-4834
Replay Dial-in #: 888-203-1112 or 719-457-0820
Replay Passcode: 4131260

A live and archived webcast of the conference call will be available on Interwoven's website at http://www.interwoven.com/investors. A telephonic replay of the call will be available for one week starting on October 23, 2008 at approximately 5:00 p.m. PDT.

About Interwoven

Interwoven, Inc. (NASDAQ: IWOV) is a global leader in content management solutions. Interwoven's software and services enable organizations to maximize online business performance and organize, find, and govern business content. Interwoven solutions unlock the value of content by delivering the right content to the right person in the right context at the right time. Over 4,700 of the world's leading companies, professional services firms, and governments have chosen Interwoven, including Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Sky Italia, Qantas Airways, Tesco, Virgin Mobile, and White & Case. A community of over 25,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit www.interwoven.com.

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