Exhibit 99.1

Independent Auditors on Report of Financial Statement Schedule

To the Shareholders of Corel Corporation:

Our integrated audit of Corel Corporation’s 2008 consolidated financial statements and of its internal control over financial reporting as of November 30, 2008 and our audit of its 2007 and 2006 consolidated financial statements referred to in our report dated February 6, 2009 appearing in this Annual Report on Form 10-K also included an audit of the financial statement schedule listed in Item 15(a)(2) of this Form 10-K. In our opinion, this financial statement schedule presents fairly, in all material respects, the information set forth therein when read in conjunction with the related consolidated financial statements.

/s/ PricewaterhouseCoopers LLP
Chartered Accountants, Licensed Public Accountants
Ottawa, Ontario
February 6, 2009

Schedule II Corel Corporation
— Valuation and Qualifying Accounts
(in thousands of USD)

	Balance
	at		Additions		Deductions,		Balance
	Beginning		Charged		Returns,		at
	of		to Expenses		and		End of
	Period		or Revenue		Write-offs		Period
Allowance for Doubtful Accounts
Year ended November 30, 2008		1,366		1,092		1,101		1,357
Year ended November 30, 2007		1,003		401		38		1,366
Year ended November 20, 2006		1,117		198		312		1,003
Promotional rebates
Year ended November 30, 2008		715		5,564		5,321		958
Year ended November 30, 2007		2,803		10,664		12,752		715
Year ended November 30, 2006		1,048		11,125		9,370		2,803
Allowance for Sales Returns
Year ended November 30, 2008		6,403		10,997		12,650		4,750
Year ended November 30, 2007		8,024		10,071		11,692		6,403
Year ended November 30, 2006		6,900		11,919		10,795		8,024