Sesam Acquired for £11.1m

Sage Group PLC 12 November 1999 The Sage Group plc announces acquisition of Sesam for £11.1 million The Sage Group plc ('Sage'), the leading supplier of accounting software, today announces that it has completed the acquisition of Softinc Ltd, trading as Sesam, based in Switzerland, for a cash consideration of £11.1 million. Sesam produces PC accounting software, which it sells through its reseller channel to small and medium-sized businesses based in Switzerland. The acquisition provides Sage with a market leading position in the Swiss market. In the year to 31 December 1998, Sesam's turnover was £4.4 million and it currently has an active customer base of 18,000. 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 0171 831 3113 Giles Sanderson

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