Holding(s) in Company

Sage Group PLC
11 May 2005


Sage Group plc

DISCLOSURE OF INTEREST IN SHARES

The Company received notification on 11 May 2005 from Threadneedle Asset
Management Limited that, Zurich Financial Services and its group have a
notifiable interest in 38,998,317 Ordinary shares in the Company, representing
3% of the Company's shares in issue.

The shares are registered in the following names:

Registered                    Account         Ordinary 1p Shares

BNY (OCS) Nominees Ltd        219064              1,223,259

Littledown Nominees Ltd        07199                252,008

Littledown Nominees Ltd        07207              4,173,563

Littledown Nominees Ltd        02642              1,171,357

Littledown Nominees Ltd        21688              2,034,744

Littledown Nominees Ltd        07205              2,071,122

Littledown Nominees Ltd        02891             28,072,264

Total                                            38,998,317

Notes:

Littledown Nominees Ltd is a nominee for the ZFS Group subsidiaries: Zurich
Assurance Ltd; Zurich Financial Services UK Pension Trustee Ltd; Eagle Star
Executives Pension Trustee Ltd; Eagle Star Securities Ltd. It is also a nominee
for various companies not within the ZFS Group.

BNY (OCS) Nominees Limited is a nominee for the ZFS Group subsidiaries: Zurich
Insurance Company (UK) Ltd and Zurich International (UK) Ltd. It is also a
nominee for various companies not within the ZFS Group.

ZFS is Zurich Financial Services, a company incorporated in Switzerland.

This notification is made on behalf of:

Eagle Star Group Services Ltd, Zurich Assurance Ltd, Zurich Financial Services
UK Pension Trustee Ltd, Eagle Star Executives Pension Trustee Ltd and Eagle Star
Holdings Limited;

Allied Zurich Holdings Ltd, Zurich Financial Services (UKISA) Ltd, Zurich Group
Holding, Zurich Insurance Company and Allied Zurich plc, the intermediate
holding companies of the aforementioned companies, and Zurich Financial
Services, their ultimate holding company.

The shares could be available for lending and this could lead to a short term
re-registration.



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