Director Shareholding

The Sage Group plc 24 December 2003

The Sage Group plc ('the Company')

DIRECTORS' SHAREHOLDINGS

The Company announces that the following Directors have been granted options
over Ordinary Shares of 1p each in the Company at 171p on 24 December 2003

under The Sage Group 1999 Executive Share Option Scheme:-

Director No. of options granted

Paul Walker 280,701

Paul Stobart 175,438

Guy Berruyer 175,438

Ron Verni 182,158

Paul Harrison 128,654

These options are exercisable from 24 December 2006 to 24 December 2013.

END