October 29, 2004

Update: New Presentation Time

NetIQ to Present at the FTN Midwest Research Technology Conference

Press Release

SAN JOSE, Calif.

NetIQ Corporation (NASDAQ: NTIQ), a leading provider of Systems & Security Management and Web Analytics solutions, will present at the FTN Midwest Research Technology Conference being held at the Four Seasons Hotel in New York City, on Thursday, November 4, 2004.

Chris Pick, Vice President, Product Management, is scheduled to present on Thursday, November 4, 2004 at 2:15 pm Eastern Time. This event was previously scheduled for 1:35 pm Eastern Time. He will be discussing the company’s corporate and product strategy with investors and analysts.

A live audio webcast of the presentation and a replay will be available on the NetIQ corporate website, http://www.netiq.com/about_netiq/investor_relations/investorconferencecall.asp.

The replay of the webcast will be available starting within 24 hours of the actual presentation.

About NetIQ

NetIQ Corporation (NASDAQ: NTIQ) is a leading provider of Systems & Security Management and Web Analytics solutions. In addition to managing Windows-based applications, NetIQ 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
Media and Analyst Relations

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