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NetIQ Stockholders Approve AttachmateWRQ Acquisition of NetIQ

Seattle, and San Jose, CA — June 20, 2006 — NetIQ Corp. (Nasdaq: NTIQ) and AttachmateWRQ announced that NetIQ stockholders, voting at a special meeting today, approved NetIQ’s previously announced acquisition by AttachmateWRQ. The companies anticipate that the acquisition will close by the end of June 2006.  Upon completion of the acquisition, NetIQ shares will cease trading on Nasdaq.

Under the terms of the merger agreement, AttachmateWRQ has agreed to pay $12.20 per share in cash to NetIQ shareholders, for a total transaction value of approximately $495 million.

About AttachmateWRQ

AttachmateWRQ is a leading provider of multi-host access and integration solutions that enable organizations to maximize the value of their existing IT investments as they advance their long-term business and IT strategies. It is the result of the merging of Attachmate Corp. and WRQ, Inc. in 2005, and is owned by an investment group led by Golden Gate Capital, Francisco Partners and Thoma Cressey Equity Partners.  AttachmateWRQ serves over 40,000 customers in nearly 60 countries worldwide. For more information about AttachmateWRQ, visit www.attachmatewrq.com.

About NetIQ

NetIQ is a leading provider of integrated systems and security management solutions that empower IT organizations with the knowledge and ability necessary to assure IT service. NetIQ's Knowledge-Based Service Assurance products and solutions include embedded knowledge and tools to implement industry best practices and to better ensure operational integrity, manage service levels and risk, and ensure policy compliance. NetIQ's modular, best-of-breed solutions for Performance & Availability Management, Security Management, Configuration & Vulnerability Management, and Operational Change Control integrate through an open, service-oriented architecture allowing for common reporting, analytics and dashboards. For more information about NetIQ, visit www.netiq.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about the closing of the acquisition and the timing thereof.  These statements are subject to risks and uncertainties that could cause the actual results to differ from those projected.  These risks and uncertainties include, among others, the possibility that the transaction is not completed and the possibility that certain closing conditions are not met.  For a more comprehensive discussion of risks and uncertainties relating to the company’s business, please read the discussions of these risks in documents the company files from time to time with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2005.  All of the information in this press release is as of June 20, 2006, and the company undertakes no responsibility to update this information.

 
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