STELLENT SELECTED BY P&G FOR ENTERPRISE CONTENT MANAGEMENT IMPLEMENTATION

Procter & Gamble to utilize Stellent Content Management system for entire content infrastructure

EDEN PRAIRIE, MN, June 24, 2002 - Stellent^TM, Inc. (Nasdaq: STEL), a global provider of content management solutions, announced today that Procter & Gamble (P&G), a recognized leader in the development, manufacturing and marketing of superior consumer products, has selected Stellent as the foundation for its multi-million dollar enterprise content management implementation.

P&G's enterprise content management effort is designed to implement a foundation for the organization, storage and ongoing management of Web content. Stellent's product suite, combined with company-wide data standards, will create a Web-based content foundation to fuel a variety of custom and standard business applications. The Stellent Content Management system will provide a multi-layer content infrastructure encompassing content management, collaboration and Web file sharing. In addition, the Stellent technology will be integrated with many of P&G's existing corporate applications, such as the Plumtree corporate portal.

"P&G understands the need for an enterprise content management infrastructure," said Craig Bailey, director of corporate intranet applications for Procter & Gamble. "Our strategy is to move more information and work processes to the Web and to deliver Web-based information sharing and Web application capabilities to employees and external partners. We have critical business content all over the world that needs to be published once and then presented in different views and applications. A scalable, flexible, easy-to-use enterprise content management system that could serve all of our various constituents was an absolute necessity."

"During our investigation of software providers, Stellent was the only software provider that shared, and was able to execute, our vision for a multi-layer content management architecture, while leveraging open standards," said Lisa Rogers, section manager of enterprise content management for Procter & Gamble. "We completed a very rigorous functionality and architecture review of the software, and Stellent's ability to work in open standards, integrate solidly with LDAP and deliver to a variety of application content needs made them the clear choice. We are extremely impressed with the Stellent team and view Stellent as a long-term, strategic partner for P&G."

"We are extremely pleased that P&G has chosen Stellent for its enterprise content management implementation," said Vern Hanzlik, president and chief executive officer for Stellent. "The P&G enterprise implementation speaks to the Stellent technology's inherent strengths, such as scalability, and demonstrates that our software solves real business problems for large enterprises. We believe Stellent is the best choice for organizations planning either a line-of-business or an enterprise content management implementation."

Stellent Content Management Features

Stellent Content Management enables customers to rapidly deploy line-of-business Web sites as well as content management solutions for enterprise-wide initiatives to standardize content management for use by multiple sites and applications. The system offers the widest array of content contribution and content delivery mechanisms on the market, enabling any user to contribute any kind of content into the system for conversion, management and delivery to any kind of consumer or application. Stellent Content Management also integrates with existing security systems and provides business personalization features. For information on how to obtain the Stellent Content Management system, contact Stellent at 1-800-989-8774.

About Stellent, Inc.

Stellent, Inc. (www.stellent.com) is a global provider of content management solutions. The company's Stellent Content Management system enables customers to rapidly deploy line-of-business Web sites as well as content management solutions for enterprise initiatives such as enterprise portals and business commerce applications. Stellent has been ranked one of the top three content management vendors by industry analyst firms Gartner Dataquest, Giga Information Group and Aberdeen Group, and has more than 1,500 customers, including much of the Global 2000. Its customer roster includes Procter & Gamble, Merrill Lynch, Los Angeles County, British Red Cross, Target Corp., Yahoo!, Hewlett-Packard and Ericsson Telecom AB. Stellent is headquartered in Eden Prairie, Minn. and maintains offices throughout the United States, Europe and Asia-Pacific.

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Any forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risk and uncertainties including, without limitation, risks of intellectual property litigation, risks in technology development and commercialization, risks in product development and market acceptance of and demand for the Company's products, risks of downturns in economic conditions generally and in the Web content management tools and intranet information management markets specifically, risks associated with competition and competitive pricing pressures, risks associated with foreign sales and higher customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission.

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