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16.11.2007 – 16:36

Software AG

euro adhoc: Software AG
Directors' Dealings Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG

Frankfurt am Main (euro adhoc) -

  Notification concerning transactions by persons discharging managerial
  responsibilities pursuant to section 15a of the WpHG, transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is responsible
  for the content of this announcement.
16.08.2007
Details of the person subject to the disclosure
requirement:
Name:              Arnd Zinnhardt
Reason for the disclosure requirement:
Reason:            Person performing managerial responsibilities
Position:          Member of a managing body
Details of the transaction:
Description of financial instrument: Aktie
ISIN:                330400 DE
Type of transaction: Acquisition through exercise of options
Date:                16.08.2007
No of items:         1250
Currency:            Euro
Price:               13.58000
Total amount traded: 16,975.00
Place:               Frankfurt am Main
Explanation:
Issuer subject to the publication requirement:
end of announcement                               euro adhoc 16.11.2007 16:34:42

Further inquiry note:

Branche: Software
ISIN: DE0003304002
WKN: 330400
Index: TecDAX, CDAX, HDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade

Original content of: Software AG, transmitted by news aktuell