Red Hat to Present at Investor Conferences in May.

RALEIGH, N.C. -- Red Hat, Inc. (NASDAQ: RHAT), the world's leading provider of open source solutions to the enterprise, today announced it will be presenting at the following investor conferences in May.

Conference:         Prudential Equity Group LLC Software Summit
Date/time:          Wednesday, May 11, 2005 at 8:00 a.m. PT
Location:           Omni Hotel, San Francisco, CA
Speaker:            Charlie Peters, Executive Vice President and Chief
                    Financial Officer
Webcast link:       http://wsw.com/webcast/pru18/rhat/

Conference:         Baird 2005 Growth Stock Conference
Date/time:          Thursday, May 12, 2005 at 10:15 a.m. CT
Location:           Four Seasons Hotel, Chicago, IL
Speaker:            Joanne Rohde, Executive Vice President, Worldwide
                    Operations
Webcast link:       http://wsw.com/webcast/rwbaird11/rhat/

Replays of the presentations will be available at the above referenced URLs following the live web-casts. Replays will also be available on the Investor Relations page of Red Hat's web site, www.redhat.com.

About Red Hat, Inc.

Red Hat, the world's leading open source and Linux provider, is headquartered in Raleigh, NC with satellite offices spanning the globe. Red Hat is leading Linux and open source solutions into the mainstream by making high quality, low cost technology accessible. Red Hat provides operating system software along with middleware, applications and management solutions. Red Hat also offers support, training and consulting services to its customers worldwide and through top-tier partnerships. Red Hat's Open Source strategy offers customers a long term plan for building infrastructures that are based on and leverage open source technologies with focus on security and ease of management. Learn more: http://www.redhat.com

Forward-Looking Statements

Any statements in this press release about future expectations, plans and prospects for the Company, including statements containing the words "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the factors discussed in our most recent Quarterly Report on Form 10-Q filed with the SEC (a copy of which may be accessed through the SEC's website at http://www.sec.gov), reliance upon strategic relationships, management of growth, the possibility of undetected software errors, the risks of economic downturns generally, and in Red Hat's industry specifically, the risks associated with competition and competitive pricing pressures and the viability of the Internet. In addition, the forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

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