Loan Stock Agreement

FOR IMMEDIATE RELEASE                                              14 July 2004

                                  SOPHEON PLC                                  

                         Loan Stock Proposals Approved                         

Sopheon plc is pleased to announce that the proposals made to the holders of
its convertible loan stock that were described in its announcement of 25 June
2004, were approved by an extraordinary general meeting of the holders of the
loan stock held today.

For further information contact:

Barry Mence, Chairman Sopheon plc                 Tel : + 44 (0) 1483 685  
                                                  735                      
Arif Karimjee, CFO                                                         
                                                                           
Adam Reynolds         Hansard Communications      Tel : + 44 (0) 207 245   
                                                  1100                     
Andrew Tan                                                                 
                                                  + 44 (0) 7957 203 685    
                                                                           
Barbara Jansen        Citigate First Financial    Tel : + 31 (0) 205 754   
                                                  010                      

About Sopheon

Sopheon (LSE: SPE) is an international provider of software and services. The
Sopheon Accolade product development system automates gate- or phase-based
product development processes and provides strategic decision support that
allows companies to improve innovation, cut product development spending waste
and shorten time-to-market. Sopheon's Monitor software operates as a 'reading
robot' that automatically reviews, filters, analyzes and pushes relevant
content to healthcare and engineering professionals to enable effective
compliance with protocols, standards and regulations. Sopheon is listed on the
AIM Market of the London Stock Exchange and on the Euronext in the Netherlands.
For more information, please visit www.sopheon.com

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