Media Alert

Who: IBM and Red Hat Product Experts

What: Webcast for Business Partners to Discuss the Jointly Bundled IBM Software Solutions

When: Wednesday, November 29 - 11:00 - 12:30 p.m. EST

How: Register for the Webcast at http://webevents.broadcast.com/ibm/linux/home.asp.
Rebroadcasts are available on demand beginning December 6, 2000.

IBM and Red Hat Discuss Their E-Business Software Solutions for Linux

Red Hat and IBM product experts will be available to talk about what they are doing to provide cost effective ways to deploy commercial e-business software solutions on Red Hat Linux. In August of 2000, IBM Corporation (NYSE: IBM) and Red Hat, Inc. (NASDAQ: RHAT announced a global alliance to bundle all of IBM's Linux-enabled software into e-business solutions. In October of 2000, IBM, Lotus and Red Hat software offerings, bundled with support, became available to both IBM and Red Hat customers.

IBM provides the software infrastructure for Red Hat Linux solutions through products such as IBM DB2 Universal Database, IBM WebSphere Application Server, Lotus Domino and IBM's Small Business Pack for Linux. Visit the webcast today to hear what IBM and Red Hat can do for you. If you can't make it tomorrow, the webcast is available on demand beginning December 6, 2000.

About Red Hat, Inc.
Founded in 1994, Red Hat (Nasdaq:RHAT), is the leader in development, deployment and management of Linux and open source solutions for Internet infrastructure ranging from small embedded devices to high availability clusters and secure Web servers. In addition to the award-winning Red Hat Linux server operating system, Red Hat is the principle provider of GNU-based developer tools and support solutions for a wide variety of embedded processors. Red Hat provides run-time solutions, developer tools, Linux kernel expertise and offers support and engineering services to organizations in all embedded and Linux markets.

Red Hat applies its technological leadership to create open source solutions for all points on the Internet and in pervasive computing environments, offers services backed by the best understanding of open source and the most comprehensive resources, and delivers the brand of a widely trusted open source leader and corporate partner. Red Hat offers users one single, trusted point of contact and a common platform for developing, deploying and managing open source across the Internet and devices that connect to the Internet.

Red Hat is based in Research Triangle Park, N.C. and has offices worldwide. Please visit Red Hat on the Web at http://www.redhat.com/index.html. For investor inquiries, contact Lippert/Heilshorn at (212) 838-3777.

LINUX is a trademark of Linus Torvalds. RED HAT is a registered trademark of Red Hat, Inc. All other names and trademarks are the property of their respective owners.