6. Outlook

Software AG’s robust business model promises to lead to further increases in product business in both divisions during the fourth quarter. The Professional Services business will remain at approximately the prior-year level. This forecast is supported by orders on hand for the fourth quarter. For the full year 2008, Group revenue is expected to grow to between €710 and €730 million. We are also raising our forecast for the EBIT margin from the previous 24 percent to between 24 and 25 percent.

In view of the difficult general market situation, in 2009 we expect organic growth of approximately 4 to 8 percent and another rise in the EBIT margin to between 24.5 and 25.5 percent.