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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

--------------------------------------------------------------------------------   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

Frankfurt am Main (euro adhoc) - Details of the person subject to the disclosure requirement:

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Name:                      Arnd Zinnhardt

Reason for the disclosure requirement:

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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
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ots Originaltext: Software AG
Im Internet recherchierbar: http://www.presseportal.de

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

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