SUNNYVALE, Calif., - November 15, 2001 - Interwoven, Inc. (Nasdaq: IWOV), the leading provider of Content Infrastructure, announced today that the Oversea-Chinese Banking Corporation ("OCBC Bank"), one of Singapore's leading financial services organizations, has invested in Interwoven's Content Infrastructure for managing the Bank's growing Web content. Interwoven's products will enable OCBC Bank to significantly reduce the time-cycle of publishing information on the Internet and to more efficiently manage the growth in Internet usage as a transactional and communication tool by its customers and employees.

With two key requirements in mind, ease-of-use and collaboration, OCBC Bank chose Interwoven's Content Infrastructure product suite to drive its Web initiatives for both internal and external-facing Web properties with the primary goal of increasing the quality and efficiency of online publishing.

"As the Internet plays an increasingly important role in the Bank's business and the volume of Web content grows significantly, an enterprise-wide, robust system such as Interwoven's will improve the efficiency of our Website management. In particular, the system will enhance our ability to publish our Website content on a timely basis and in a consistent format, increase our capacity to publish, and empower all business departments and non-technical staff to update and publish their content directly with the system's user-friendly features," said Ho Shou Kwang, head of OCBC Bank's Web Factory. "Interwoven has a proven track record and we anticipate significant cost and time efficiencies as well as better customer service through this content infrastructure platform."

Interwoven provides a complete Content Infrastructure which addresses the needs of numerous content contributors publishing to multiple user-targeted Web sites. Interwoven Content Infrastructure permits publishing of Web content irrespective of technical skill or organizational role and will enable OCBC Bank employees at all levels to contribute content on their own terms to any of the company's online properties. As both technical and non-technical contributors can directly update OCBC Bank's Websites, more relevant and timely content can be made available while simultaneously allowing the Bank to make more efficient use of precious IT resources.

For more information on how Interwoven's inclusive content entry empowers contributors of all ability, please see http://www.interwoven.com.tw/news/inclusive.html .

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 more than 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 Interwoven and its proven XML-based Content Infrastructure solutions, visit the Interwoven Website at www.interwoven.com.tw .

OCBC Bank is a Singapore-based financial services group offering a broad range of financial services, including consumer, corporate and international banking, investment management, global treasury, stock broking and eFinancial services.

In August 2001, OCBC Bank successfully acquired Keppel Capital Holdings and all its subsidiaries, including Keppel TatLee Bank Limited, Keppel Securities Pte Ltd and Keppel TatLee Finance Limited. This acquisition represents the next step forward in OCBC Bank's mission to be a world-class financial institution in Asia Pacific.

OCBC Bank has total assets of S$86 billion. The Bank has branches and representative offices in 13 countries, including Malaysia, China, Hong Kong SAR, Japan, Australia, UK and USA. In Asia, it has one of the most extensive networks among regional banks. For the financial year ended 31 December 2000, OCBC Bank achieved a profit attributable to shareholders of S$840 million, representing a 16.4% increase over the previous year.

A leading eCommerce financial player, OCBC Bank is being transformed into a "click-and-mortar" bank while its wholly owned subsidiary Bank of Singapore Limited (BOS) is positioned to pursue global innovative eCommerce initiatives in the buyer-advocate space. By leveraging on its rich heritage, innovative spirit and forward-looking management, OCBC Bank is committed to helping its customers, shareholders and staff grow from strength to strength.