Acquisition

14 November 2003 Sage completes acquisition of South African software vendor Softline Further to its announcement of 1 August 2003, The Sage Group plc today completed its acquisition of the business and assets of Softline Limited ('Softline'), all necessary conditions of the transaction having now been met. Softline is a leading provider of business management software in South Africa and Australia Enquiries: The Sage Group plc 0191 255 3000 Tulchan 020 7353 4200 Paul Walker, Chief Executive Julie Foster Paul Harrison, Finance Director Phil Branston, Investor Relations Notes to editors: The Sage Group plc is a leading international supplier of accounting and business management software solutions and related products and services for small to medium-sized enterprises. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and the Group now employs over 5,500 people worldwide.

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Sage Group (SGE)
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