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Computer Software (CSW)

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Thursday 15 March, 2007

Computer Software

Share Price Movement

Computer Software Group PLC
15 March 2007


Computer Software Group Plc
15 March 2006


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF
AMERICA, CANADA, AUSTRALIA OR JAPAN

15 March 2006



Computer Software Group Plc ("CS Group" or the "Company")

Response to Share Price Movement


The Board of CS Group notes the movement in the Company's share price and
confirms that it has received an approach from a third party which may or may
not lead to an offer being made for the Company. If an offer were to be
forthcoming, it is expected to be at a price of 150 pence in cash. There can be
no certainty as to whether or not an offer for the Company will be forthcoming.

A further announcement will be made in due course.


Enquiries:

Computer Software Group Plc
Vin Murria, CEO                                         Telephone: 020 7400 0497



Altium Capital Limited                                  Telephone: 020 7484 4040
Stephen Georgiadis
Nick Tulloch



Financial Dynamics                                      Telephone: 020 7831 3113
Giles Sanderson
Juliet Clarke
Hannah Sloane



Dealing Disclosure Requirements


Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in
1% or more of any class of 'relevant securities' of the Company, all 'dealings'
in any 'relevant securities' of the Company (including by means of an option in
respect of, or a derivative referenced to, any such 'relevant securities') must
be publicly disclosed by no later than 3.30pm (London time) on the London
business day following the date of the relevant transaction. This requirement
will continue until the date on which the offer becomes, or is declared,
unconditional as to acceptances, lapses or is otherwise withdrawn or on which
the 'offer period' otherwise ends. If two or more persons act together pursuant
to an agreement or understanding, whether formal or informal, to acquire an '
interest' in 'relevant securities' of the Company, they will be deemed to be a
single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant
securities' of the Company by an offeror or the Company, or by any of their
respective 'associates', must be disclosed by no later than 12.00 noon (London
time) on the London business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose 'relevant
securities' 'dealings' should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.

'Interests in securities' arise, in summary, when a person has a long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an 'interest' by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the
Panel's website. If you are in any doubt as to whether or not you are required
to disclose a 'dealing' under Rule 8, you should consult the Panel.



                      This information is provided by RNS
            The company news service from the London Stock Exchange