Niku Announces First Quarter Financial Results Call

Niku Corporation (NASDAQ:NIKU) today announced it will
report final financial results for the first quarter of fiscal 2006 on
Tuesday, May 24, 2005 after the market closes, followed by a
conference call at 2:00 p.m. Pacific Daylight Time.
   The conference call can be accessed via telephone and via live
WebCast. Parties interested in participating in the WebCast should
access the site, downloading any necessary audio software, at least
fifteen minutes prior to the call.
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What:           Niku (NASDAQ) Q1 Fiscal Year 2006 Financial Results 
                Conference Call

When:           Tuesday, May 24, 2005 at 2:00 p.m. PDT

Dial-in Number: 800-638-4930 (International callers: 617-614-3944)
                Passcode: 35551730

WebCast Site:   http://www.niku.com/investorrelations.asp

Replay:         A telephone playback will be available at 4:00
                p.m. PDT on May 24, 2005 through 11:59 p.m. PDT on 
                May 26, 2005. The replay will be available by calling
                888-286-8010 (International callers: 617-801-6888)
                with the passcode: 18331613.

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   About Niku

   Niku Corporation (Nasdaq:NIKU) is the leader in IT Management and
Governance (IT-MG) solutions and two-time winner of the Gartner PPM
Summit "Best Vendor" award. More than 400,000 users at industry
leaders such as Avon, BT, Eastman Chemical, HSBC, Manpower, Royal
Caribbean Cruise Lines and Unilever depend on Niku software to
maximize their "Return on IT." With headquarters in Silicon Valley,
Niku serves global customers from more than 20 offices worldwide.
   For more information, contact [e-mail] or visit
http://www.niku.com.

   Niku and the Niku logo are registered trademarks and Clarity, Open
Workbench and Project Workbench are trademarks of Niku Corporation in
the United States and certain other countries. All other trademarks,
trade names, and/or product names are used solely for the purpose of
identification and are the property of their respective owners.