For Immediate Release
Adobe Named by FORTUNE as the 6th "Best Company to Work For"

Adobe Ranked Best High-Tech Employer In America

SAN JOSE, Calif. — December 29, 2003 (Nasdaq: ADBE) — Adobe Systems Incorporated today announced that it was named by FORTUNE magazine as the sixth best company to work for in America in the magazine's "100 Best Companies to Work For" annual report. The rankings are currently available at www.fortune.com.

"We're proud to be recognized as one of only two Silicon Valley companies to make the top ten list of American employers this year," said Bruce Chizen, president and CEO of Adobe. "This high ranking reflects the core values that we believe are critical to our success, including conducting business on the highest ethical basis, providing employees with a dynamic work environment, developing leaders and fostering communication. Working within what continued to be a very challenging business environment, I'm extremely proud that feedback from our employees once again placed Adobe as one of America's best companies to work for."

Helping drive Adobe's success today are the core values and beliefs that the company was founded on in 1982: integrity and respect, innovation, leadership and communication, operational excellence, community involvement, a dynamic work environment and a customer-focused approach.

More than half of Adobe's 3,500 employees are located in the United States. Adobe is headquartered in San Jose, Calif. and has research and development sites in San Diego, Calif.; Santa Rosa, Calif., Novato, Calif.; San Luis Obispo, Calif.; Seattle, Wash.; Boston, Mass.; and Arden Hills, Minn., in addition to a network of sales offices throughout the country.

Assisted by the Great Places to Work Institute that created the survey, FORTUNE polled 46,526 employees from the 304 U.S.-based companies considered for the listing. The Great Places to Work Trust Index assessed the companies through an evaluation of services, benefits and salaries, as well as through employee questionnaires that evaluate trust in management, pride in work and in the company, and camaraderie.

About Adobe Systems Incorporated
Adobe helps people and businesses communicate better through its world-leading digital imaging, design and document technology platforms for consumers, creative professionals and enterprises. Adobe's revenue in the last fiscal year exceeded $1 billion. For more information about Adobe, visit www.adobe.com.

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© 2003 Adobe Systems Incorporated. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks are the property of their respective owners.

Press/Analyst Contacts
Autumn Blatchford
Adobe Systems Incorporated
408-536-6348
ablatchf@adobe.com

Joanne Rasch
A&R Partners
650-762-2867
jrasch@arpartners.com