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Software AG to report growth in revenue and profit for Q2, 2004

Ad hoc Disclosure

Darmstadt, 15/07/2004

Software AG (SOW) will report license revenue of approximately €29 million for the second quarter 2004, (€24 million in Q2. 2003), according to the first consolidation of the quarter’s financial figures.

Software AG (SOW) will report license revenue of approximately €29 million for the second quarter 2004, (€24 million in Q2. 2003), according to the first consolidation of the quarter’s financial figures. The increase of more than 20%, compared to the same quarter in 2003, was due to strong growth in Enterprise Transaction Systems license revenue. The company expects total revenue of approximately €106 million for the quarter (€103.1 million in Q2, 2003).

As a result of the revenue increase and the successful cost reduction program, Software AG expects an operating result (EBIT) of approximately €24 million for the second quarter. This equals an increase of close to 40% compared to the corresponding result for 2003 (€17.4 million according to International Financial Reporting Standards). In addition Software AG realized  €24.5 million through the sale of its stake in SAP SI.

Full and finalized figures will be published on July 29, 2004.

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Contact:
Software AG
Otmar Winzig
Senior Vice President
Head of Investor Relations
Uhlandstrasse 12
64297 Darmstadt
Germany
Tel: +49 (0) 6151-92-1669
Fax: +49 (0) 6151-92-34-1669
otmar.winzig@softwareag.com
http://www.softwareag.com
or:
Software AG
Susanne Eyrich
VP Corporate Communications
Uhlandstr.12
64297 Darmstadt
Germany
Tel: +49 6151 92-1511
Mobile: + 49 170 4522702
Fax: +49 6151 92-1621
press@softwareag.com
http://www.softwareag.com