£20.6M Acquisition of Ubiquis SA

Sage Group PLC 16 March 2000 The Sage Group plc announces the acquisition of Ubiquis SA for £20.6 million The Sage Group plc ('Sage'), a leading supplier of accounting software and related products for personal computers, announces that it has agreed to acquire Ubiquis SA of France, a provider of sophisticated e-business solutions for small to medium sized businesses ('SMEs'). The consideration of £20.6 million will be met by the issue of 2,529,847 Sage shares. The acquisition will complete on Monday 20 March 2000 when the consideration shares are listed. The Ubiquis product range provides small to medium sized businesses with a sophisticated web trading tool, which is a fully integrated, scalable, and multi-lingual e-business solution. Using the Ubiquis technology, an SME can build a fully functional trading web site, the transactional activity on which is seamlessly integrated into the SME's underlying accounting system. The technology can be used to create a Business to Consumer or Business to Business web site, as appropriate. The technology has been architected in such a way that, with minimal development effort, it can be applied to create e-business solutions for any SME accounting system. To date Ubiquis' technology has been applied successfully to Sage Line 100 and Sage Line 500 Integrale, two major product lines owned by the Group's French subsidiary, Sage France. The Ubiquis technology will be made available to other operating companies in the Sage Group, providing them with a powerful e-business solution for their customers. Following the Ubiquis acquisition, Sage will have a choice of two levels of e- business solutions to offer its 2 million customers around the world: Web Site Creator and Web Trader, two ASP-based web site entry-level development tools, designed for smaller companies Ubiquis technology designed for small to medium sized businesses which require a more sophisticated e-business solution, integrated into their underlying accounting systems and tailored to meet their individual requirements. Commenting on the acquisition, Paul Walker, Chief Executive of Sage, said: 'The acquisition of Ubiquis represents an important step forward in our Internet strategy. We have always said that our primary goal must be to look after the interests of our customers as they enter the Internet era. The combination of Ubiquis' Internet technology and Sage's market-leading accounting products gives us a comprehensive e-business offer for our 2 million customers around the world. Our value added reseller community will be instrumental in delivering and implementing these e-business solutions.' Enquiries: The Sage Group plc 0191 255 3000 Paul Walker, Chief Executive Aidan Hughes, Finance Director Web-site address: http://www.Sage.com Financial Dynamics 020 7831 3113 Giles Sanderson Jon Earl

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