Symantec Authorizes $1 Billion Share Repurchase Program

Symantec Authorizes $1 Billion Share Repurchase Program

Symantec Corp. (Nasdaq: SYMC) today announced that its Board of Directors has approved a $1 billion share repurchase program. This open-ended program is effective immediately. Shares may be purchased from time to time on the open market or in privately negotiated transactions. Depending on market conditions and other factors, these purchases may be commenced or suspended from time to time without prior notice.

In January 2007, Symantec completed its $1 billion share repurchase program announced in January 2006. Earlier in 2006, Symantec completed the $1.5 billion share repurchase program announced in June 2006. Over the past eight quarters, Symantec has repurchased nearly $6 billion of its shares.

About Symantec: Symantec is a global leader in infrastructure software, enabling businesses and consumers to have confidence in a connected world. The company helps customers protect their infrastructure, information, and interactions by delivering software and services that address risks to security, availability, compliance, and performance. Headquartered in Cupertino, Calif., Symantec has operations in 40 countries. More information is available at www.symantec.com.

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