Corel Corporation: Media and Analyst Alert.

Business Editors

OTTAWA--(BUSINESS WIRE)--Jan. 29, 2001

Please join Derek Burney, president and CEO of Corel Corporation (Nasdaq:CORL)(TSE:COR.), and John Blaine, executive vice-president of finance, CFO and treasurer, for a teleconference to announce the company's fourth quarter

A question-and-answer session will follow the announcement.

To participate in the teleconference, media/analysts should dial 1-800-478-9326 or (416) 695-5801 (North America) or plus 800-3276-6311 (outside North America) approximately ten minutes prior to the start of the presentation. An instant replay will be provided starting one hour after the end of the teleconference. It will be available until February 9, 2001. The instant replay number is (416) 695-5800. The passcode is 679011. A live Webcast and replay of the event will also be available at the Corel Investor Relations Web site (www.corel.com/investor).

Corel and the Corel logo are registered trademarks of Corel Corporation or Corel Corporation Limited in Canada, the United States and/or other countries. All other products, fonts, company names and logos are trademarks or registered trademarks of their respective owners.