Symantec announces two-for-one stock split

MUMBAI -- December 11, 2001 - Symantec Corp. (Nasdaq: SYMC), the world leader in Internet security, today announced that its Board of Directors has approved a two-for-one stock split, to be effected in the form of a stock dividend.

The record date for the stock split will be Jan. 17, 2002. On or about Jan. 31, 2002, the transfer agent will mail certificates representing one additional share for each share held on this record date. The stock split will increase the number of total shares outstanding from approximately 70,196,104 to 140,392,208 shares.

"Internet security continues to be one of the highest priorities for IT organizations and this has helped us sustain our business," said John W. Thompson, Symantec chairman, president and CEO. "This stock split reflects the confidence we have in the long-term growth opportunities for our company."

In order to give effect to the stock dividend in respect of the Exchangeable Shares of Delrina Corporation (TSE: DE), a Canadian subsidiary of Symantec, Delrina today announced that it has approved the split of its Exchangeable Shares on a two-for-one basis, subject to stock exchange approval. The Delrina Exchangeable Shares are exchangeable on a one-for-one basis into shares of common stock of Symantec. Upon the sub-division of the Exchangeable Shares, the number of shares outstanding will increase from approximately 1,193,401 to 2,386,802.

About Symantec
Symantec, the world leader in Internet security technology, provides a broad range of content and network security software and appliance solutions to individuals, enterprises and service providers. The company is a leading provider of client, gateway and server security solutions for virus protection, firewall and virtual private network, vulnerability management, intrusion detection, Internet content and e-mail filtering, remote management technologies and security services to enterprises and service providers around the world. Symantec's Norton brand of consumer security products is a leader in worldwide retail sales and industry awards. Headquartered in Cupertino, Calif., Symantec has worldwide operations in 37 countries. For more information, please visit www.symantec.com.

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FORWARD LOOKING STATEMENT: This press release contains forward-looking statements, including statements regarding anticipated activities and results, that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the risks that current global adverse economic conditions and reduced spending will continue or worsen; currency exchange fluctuations will adversely affect our results; the difficulty of developing and marketing products that compete effectively with others; new security threats and other economic, business, competitive and/or regulatory factors affecting Symantec's business generally. Actual results may differ materially from those contained in the forward-looking statements in this press release. Additional information concerning these and other risk factors is contained in the Risk Factors sections of the Company's previously filed Form 10-K for the year ending March 30, 2001 and the Form 10-Q for the quarter ended Sept. 28, 2001.