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CHECK POINT SOFTWARE ANNOUNCES TWO-FOR-ONE STOCK SPLIT

REDWOOD CITY, CALIF., – December 20, 1999 – Check Point Software Technologies Ltd. (Nasdaq: CHKP), the leader in securing the Internet, today announced that the company's board of directors has approved a two-for-one stock split, to be effected in the form of a stock dividend, pending shareholder approval. A shareholder meeting is scheduled for January 13, 2000. Record date for the stock split is expected to be at or around January 23, 2000. Post-split trading is expected to commence on or about January 30, 2000.


About Check Point Software Technologies
Check Point Software Technologies Ltd. is the worldwide leader in securing the Internet. The company's integrated architecture includes network security (VPN-1/FireWall, Provider-1 and Check Point RealSecure), traffic control (FloodGate-1 and ConnectControl), and IP address management (Meta IP). Check Point Software solutions enable customers to implement centralized policy-based management with enterprise-wide distributed deployment. Via the OPSEC Alliance, Check Point Software's products seamlessly integrate with "best-of-breed" products from more than 200 leading industry partners. The company has U.S. headquarters in Redwood City, California and international headquarters in Ramat-Gan, Israel. For more information, please call (800) 429-4391 or (650) 628-2000 or visit http://www.checkpoint.com or http://www.opsec.com.

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1999 Check Point Software Technologies Ltd. All rights reserved. Check Point, the Check Point logo, FireWall-1, FloodGate-1, INSPECT, IQ Engine, Meta IP, Open Security Extension, OPSEC, Provider-1, User-to-Address Mapping, VPN-1, VPN-1 Accelerator Card, VPN-1 Appliance, VPN-1 Certificate Manager, VPN-1 Gateway, VPN-1 SecuRemote, VPN-1 SecureServer, Secure Virtual Network and ConnectControl are trademarks or registered trademarks of Check Point Software Technologies Ltd. or its affiliates. All other product names mentioned herein are trademarks or registered trademarks of their respective owners. The products described in this document are protected by U.S. Patent No. 5,606,668 and 5,835,726 and may be protected by other U.S. Patents, foreign patents, or pending applications.