October 6, 2004

NetIQ First Quarter FY05 Financial Results Conference Call and Webcast Date set for October 26, 2004

NetIQ Corp. (Nasdaq:NTIQ), a leading provider of Systems & Security Management and Web Analytics solutions, will release financial results for the first quarter of fiscal year 2005 on Tuesday, October, 26, 2004 after the market close.


Press Release

SAN JOSE, Calif.

NetIQ Corp. (Nasdaq:NTIQ), a leading provider of Systems & Security Management and Web Analytics solutions, will release financial results for the first quarter of fiscal year 2005 on Tuesday, October, 26, 2004 after the market close. Chuck Boesenberg, Chairman and CEO, and Rick Van Hoesen, CFO, will hold a teleconference to discuss the results at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) that same day.

This call is being webcast by Thomson/CCBN and can be accessed at www.netiq.com

The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.fulldisclosure.com, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (www.streetevents.com).

About NetIQ

NetIQ Corporation (Nasdaq:NTIQ) is a leading provider of Systems & Security Management and Web Analytics solutions. Historically focused on managing Windows-based applications, NetIQ now delivers cross-platform solutions that enhance business performance resulting in higher returns on infrastructure and Web investments. NetIQ products are sold across all continents directly and through a network of authorized NetIQ partners and resellers. The company is headquartered in San Jose, Calif., with development and operational personnel in Houston, Texas; Portland, Ore; Raleigh, N.C.; Bellevue, Wash.; and Galway, Ireland. For more information, please visit the company's web site at www.netiq.com or call 1-888-323-6768.

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Amy Sachrison
Director
Media and Analyst Relations

Phone: (713) 418-5368
Email: amy.sachrison@netiq.com