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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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12.02.2010

P&I Personal & Informatik AG (ISIN DE0006913403) was duly informed this morning by Argon GmbH & Co. KG, Munich, a subsidiary of the Carlyle Group, that they intend to submit a voluntary public take-over bid to the shareholders of P&I Personal & Informatik AG. According to this morning´s report, Argon GmbH & Co. KG presently intends to submit the legal minimum price to our shareholders as part of this bid. The Board of Directors and the Supervisory Board will, in accordance with their legal obligations, strongly oppose this bid after we have received the yet to be published bid documents.

end of announcement                               euro adhoc
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Further inquiry note:

Andreas Granderath
+49 (0)611 7147-267
agranderath@pi-ag.com

Branche: Software
ISIN: DE0006913403
WKN: 691340
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade