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Software AG interim report 2 2013

18 Software AG | Interim Report 2/2013 BPE license and maintenance revenue for the period increased to €181.8 million (€174.3 million). ETS product revenue reached €140.3 million (2012: €154.5 million). Due to the realignment and new focus of the Consulting business line, consulting revenue dropped to €140.6 million (2012: €184.3 million). As a result of increased investments in sales, marketing and research and development in the BPE business line, EBIT for the first half-year 2013 was €86.0 million (2012: €111.9 million). Accordingly, the EBIT margin was 18.6 percent (2012: 21.8 percent). Net income Q2 2013 / YTD 2013 (6 months) * Weighted average number of shares outstanding (basic) Q2 2013: 83.8 mn / Q2 2012: 86.8 mn Software AG’s tax rate was 32.9 percent and is largely dependent on regional revenue distribution. Net income (earnings after taxes) fell to €28.8 million (2012: €37.5 mil- lion) due to higher investments and exchange rate effects. This reflects a slight increase compared to the previous quarter. Earnings per share were €0.34 (2012: €0.43) in the quarter under review. First half-year 2013 Product revenue in the first six months of 2013 totaled €326.3 million (2012: €337.1 million). Service revenue was €135.8 million (2012: €175.4 million). Software AG’s total Group revenue in the first half of the current fiscal year was €462.7 million (2012: €513.2 million). in € millions Q2 2013 Q2 2012 ∆% YTD 2013 YTD 2012 ∆% EBIT 44.4 57.1 − 22 % 86.0 111.9 − 23 % Net financial income / expense − 1.5 − 1.9 − 21 % − 2.8 − 4.0 − 30 % Earnings before taxes 42.9 55.2 − 22 % 83.2 107.9 − 23 % Other taxes − 1.4 − 2.4 − 42 % − 3.2 − 3.6 − 11 % Income taxes − 12.7 − 15.3 − 17 % − 24.0 − 31.0 − 23 % Tax rate as % 32.9 % 32.1 % 32.7 % 32.1 % Net income 28.8 37.5 − 23 % 56.0 73.3 − 24 % EPS in €* 0.34 0.43 − 21 % 0.66 0.84 − 21 %

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