Red Hat Announces Possible Public Offering

Research Triangle Park

United States, December 20, 1999

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of Red Hat. The offering will be made only by means of a prospectus contained in a registration statement to be filed with the Securities and Exchange Commission, and will be sold through underwriters engaged by the Company.

Contacts

Company:
Melissa London
Red Hat, Inc.
(919) 547-0012
melissa@redhat.com

Media:
Bryan Scanlon or Dan Ring
Schwartz Communications for Red Hat
(781) 684-0770
redhat@schwartz-pr.com

Investors:
John Heilshorn or Jody Burfening
Lippert/Heilshorn & Associates
(212) 838-3777
john@lhai.com
jody@lhai.com

About Red Hat, Inc.

Red Hat, the world's leading open source and Linux provider, is headquartered in Raleigh, NC with satellite offices spanning the globe. Red Hat is leading Linux and open source solutions into the mainstream by making high quality, low cost technology accessible. Red Hat provides operating system software along with middleware, applications and management solutions. Red Hat also offers support, training and consulting services to its customers worldwide and through top-tier partnerships. Red Hat's open source strategy offers customers a long term plan for building infrastructures that are based on and leverage open source technologies with focus on security and ease of management. Learn more: http://www.redhat.com

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.