Software AG

euro adhoc: Software AG
Board of Directors (Appointments and Changes)
Karl-Heinz Streibich appointed new Chief Executive Officer of Software AG (E)

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Darmstadt, Germany, July 18, 2003 - The Supervisory Board of Software AG has today named Karl-Heinz Streibich as the company´s new Chief Executive Officer. Streibich will take up the post on October 1, 2003.

Karl-Heinz Achinger, acting CEO since December 1, 2002, will return to the Supervisory Board, where he will resume his duties as deputy chairman. The new CEO will continue with Software AG´s optimized strategy.

Karl-Heinz Streibich (50) was previously a member of the Board  of Management (deputy chairman) of T-Systems International, and has over two decades´ experience in the international IT service industry.

Before joining the Daimler-Benz group in 1989, Streibich, a telecommunications engineering graduate, held management positions at Dow Chemical and ITT in London and Germany. In 1996, he was appointed to the Board of Management of debis Systemhaus GmbH. He was subsequently appointed Chairman, in which capacity he oversaw the merger with T-Systems between 2000 and 2002. At T-Systems International, Streibich was Member of the Board of Management with international responsability for IT services.

The other members of the Executive Board are: - Christian Barrios (Southern and Western Europe Region) - Mark Edwards (Northern Europe and Asia / Pacific Region) - Dr. Peter Mossack (Research and Development) - Gary Voight (Americas Region) - Andreas Zeitler (Central and Eastern Europe Region) - Arnd Zinnhardt (Finance and Administration)

end of announcement            euro adhoc 18.07.2003
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Further inquiry note: For further information please contact:

Otmar F. Winzig VP Corporate Communications Software AG Uhlandstraße 12 D-64297 Darmstadt Tel.: +49-6151-92 1899 Fax +49-6151 - 92 1933 press@softwareag.com www.softwareag.com

Branche: Software
ISIN:      DE0007242646
WKN:        724264
Index:    CDAX, HDAX, Midcap Market Index, Nemax 50, Prime All Share, Prime Standard, TecDAX, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / official dealing
              Niedersächsische Börse zu Hannover / free trade
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Hamburger Wertpapierbörse / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Börse Düsseldorf / free trade
              Baden-Württembergische Wertpapierbörse / free trade



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