Select A Section --------------------------------------- Table of Contents --------------------------------------- Corporate Profile --------------------------------------- Chairman's Letter Financial Highlights --------------------------------------- SCALABLE, Altavista | Compaq Computer Corporation SECURE, America Online, Inc. CHOICE, Sun Microsystems, Inc. POWER, Red Hat, Inc. MANAGE, Peoplesoft INTEGRATED, Lucent Technologies OPEN, Oblix Inc. --------------------------------------- Selected Consolidated Financial Data Management's Discussion and Analysis Consolidated Statements of Operations Consolidated Balance Sheets Consolidated Statements of Shareholders' Equity Consolidated Statements of Cash Flows Notes to Consolidated Financial Statements Report of Ernst & Young LLP, Independent Auditors Selected Consolidated Quarterly Financial Data --------------------------------------- Directors and Executives Office Locations Corporate Directory Contact Novell Annual Meeting

		BOARD OF DIRECTORS Eric E. Schmidt Chairman of the Board and Chief Executive Officer John A. Young Vice Chairman of the Board and Retired President and Chief Executive Officer Hewlett-Packard Company Elaine R. Bond Retired Chase Fellow and Senior Consultant The Chase Manhattan Bank, N.A. Hans-Werner Hector Cofounder SAP AG, Germany Reed E. Hundt Special Consultant McKinsey & Company William N. Joy Cofounder and Vice President of Research Sun Microsystems, Inc. Jack L. Messman President and Chief Executive Officer Cambridge Technology Partners Richard L. Nolan William Barclay Harding Professor of Management of Technology Harvard Business School Larry W. Sonsini Partner Wilson, Sonsini, Goodrich & Rosati Member of Audit Comitee Member of Compensation Committee Member of Corporate Governance Committee CORPORATE EXECUTIVE STAFF Eric E. Schmidt Chairman of the Board and Chief Executive Officer Ronald E. Heinz, Jr. Senior Vice President Worldwide Sales Stewart G. Nelson Senior Vice President Products and Marketing Richard A. Nortz Senior Vice President Customer Services Dennis R. Raney Senior Vice President and Chief Financial Officer, Chief Accounting Officer

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