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Guidewire Software Names Craig Ramsey to Board of Directors

Former EVP of Worldwide Sales at Siebel Systems to Guide Next Phase of Company Growth

SAN MATEO, CA, January 4, 2005 - Guidewire Software®, a leading provider of solutions to property and casualty and workers' compensation insurers, today announced the appointment of Craig Ramsey to Guidewire Software's Board of Directors. The appointment is effective immediately and provides Guidewire with the decades of leadership and experience Mr. Ramsey has gained in multiple leading enterprise software companies.

A 35-year veteran of the technology industry, Mr. Ramsey most recently served as executive vice president of worldwide sales for Siebel Systems. While at Siebel, he oversaw the company's sales growth from $4 million in revenues to more than $1.5 billion. Prior to Siebel, Mr. Ramsey was vice president of U. S. Sales at Oracle Corporation. He previously held positions at Amdahl, IBM, and other high-technology software and hardware companies. Besides Guidewire, Mr. Ramsey currently sits on the boards of Salesforce.com and ArcSight.

"Craig Ramsey has joined young enterprise software companies and helped them grow to leadership positions in large and profitable markets," said John Raguin, chief executive officer, Guidewire Software. "We welcome the insight and expertise he can offer as Guidewire continues to grow in the years to come."

"Guidewire Software is one of the most promising companies in the enterprise software industry today," said Mr. Ramsey. "Guidewire has achieved leadership in its initial market while maintaining its unmatched level of customer satisfaction, putting the company in perfect position for future growth."

In addition to Mr. Ramsey, Guidewire Software's Board of Directors includes John Raguin, chief executive officer; Tim Connors of U.S. Venture Partners; Chris Noble of Bay Partners; and Marcus Ryu, vice president of consulting services.

About Guidewire Software
Guidewire Software is a leading provider of technology solutions to property and casualty and workers' compensation insurers. Guidewire applies modern software technology to help insurance carriers run their core operations and reduce costs. Guidewire ClaimCenter is the industry's leading end-to-end, 100% web-based claims system; Guidewire PolicyCenter is a web-based, rules-driven underwriting system. For more information, please visit www.guidewire.com.

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NOTE: Guidewire Software and Guidewire ClaimCenter are registered trademarks of Guidewire Software, Inc.

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