Software AG

euro adhoc: Software AG
Software AG sells SAPSI-stake to SAP (E)

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------- Darmstadt/Walldorf, 14 April 2004. Software AG, Darmstadt (SOW) is to sell its total holding of 1,272,100 shares of SAP System Integration AG, Dresden (SAPSI) to SAP AG, Walldorf. The agreement was signed today. SAP will pay Euro 20.40 per share, a total of Euro 25,950,840. The price per share equals the public offering, which was announced by SAP on 23 March 2004. The transaction should be completed within the next few days. Software AG will increase liquid funds by Euro 26 million and show an additional profit after tax of Euro 24 million (Euro cent 88 per share) in the second quarter of 2004. end of announcement euro adhoc 14.04.2004 --------------------------------------------------------------------- Further inquiry note: Otmar F. Winzig VP Investor Relations Tel.: +49 (0)6151 92 1669 Fax: +49 (0)6151 92 1933 E-Mail: Branche: Software ISIN: DE0003304002 WKN: 330400 Index: CDAX, HDAX, Midcap Market Index, 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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