Red Hat Joins Industry Partners Fujitsu Siemens and Compaq at CeBIT 2002, Hannover

Red Hat, Inc. [NASDAQ:RHAT], the world's premier open source and Linux provider, will be at CeBIT 2002 in Hannover (13 - 20 March) alongside two of its industry partners, Fujitsu Siemens and Compaq. Red Hat will be showcasing its high availability systems solutions for the enterprise including the the first European demo of the beta version of Red Hat Linux Advanced Server.

Recent research by IDC found that Unix to Linux migration could reduce the TCO of a corporate IT infrastructure by up to 80% during the first year alone. As IT professionals develop more confidence in the enterprise capabilities of Open Source and realise that there are significant cost savings to be made, there is a growing willingness to run Linux on mission critical systems, rather than just the Web server. Red Hat is working closely with a number of technology industry leaders including Compaq, Fujitsu Siemens, IBM, Dell and HP to provide the robust enterprise solutions that companies are looking for.

Red Hat will be demonstrating the following enterprise technologies at CeBIT:

• On the Compaq stand (Hall 1, Stand 4h2): High availability (HA) e-commerce solution using Interchange and Red Hat Linux Advanced Server (beta version)
• On the Fujitsu Siemens stand (Hall 1, Stand 5e2): Red Hat Linux Advanced Server (beta version)
• On the D-Link stand (Hall 15, Stand D38): Certified hardware

Red Hat offers you the opportunity to find out about the latest in open source enterprise software and speak to Red Hat and its partners. Dieter Hoffmann, MD for Central and Eastern Europe at Red Hat, as well as Dirk Haaga, EMEA Channel Manager, and a number of other Red Hat representatives will be on hand to supply information on Red Hat and open source solutions.

About Red Hat, Inc.

Red Hat is the world's premier open source and Linux provider. Red Hat is headquartered in Raleigh, N.C. and has offices worldwide. Its European headquarters is based in Surrey, UK, with offices throughout Europe. Please visit Red Hat on the Web at http://www.europe.redhat.com. For investor enquiries, contact Gabriel Szulik at Red Hat, +1-919-754-3700.

# # #

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.

FORWARD-LOOKING STATEMENTS

Forward-looking statements in this press release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this press release that are not strictly historical statements, including, without limitation, management's plans and objectives for future operations, and management's assessment of market factors, constitute forward-looking statements which involve risks and uncertainties. These risks and uncertainties include, without limitation, reliance upon strategic relationships, management of growth, the possibility of undetected software errors, the risks of economic downturns generally, and in Red Hat's industry specifically, the risks associated with competition and competitive pricing pressures, the viability of the Internet, and other risks detailed in Red Hat's filings with the Securities and Exchange Commission, copies of which may be accessed through the SEC's Web site at http://www.sec.gov.