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Cognos Awarded Prestigious
Corporate Governance Honor

— Canadian Institute of Chartered Accountants Recognizes Cognos for Outstanding Corporate Reporting —

OTTAWA, ON, December 11, 2002—Cognos (Nadaq:COGN; TSX:CSN), the world leader in business intelligence (BI), today announced that it has been named the Silver Winner in the High Tech category of the 2002 Canadian Institute of Chartered Accountants Corporate Reporting Awards. The award recognizes Cognos for leadership and excellence in corporate reporting, specifically in the category of annual reporting.

"At Cognos, we believe that the character and core values of a company are as important as its performance," said Tom Manley, Cognos senior vice president, finance and administration and chief financial officer. "We are honored to have been selected for this important award. It is a reflection of our ongoing commitment to corporate integrity, openness and good governance."

Judges for this award included representatives from the Canadian Institute of Chartered Accountants, the Canadian Investor Relations Institute, and the Toronto Society of Financial Analysts. For further information on this award, please visit www.cica.ca.

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