Re Acquisition

7 January 2002 Sage acquires Concept Group in France Acquisition brings treasury and cash management solutions to mid-market customers The Sage Group plc ('Sage'), a leading provider of accounting and business management solutions for small and medium-sized businesses, has acquired Concept Group in France for £4.7m in cash, with additional deferred payments of up to £1.8m over the next three years, dependent on Concept Group receiving certain royalties on new distribution agreements. Concept Group, based in Paris, provides treasury, cash management and financial consolidation solutions to small and medium-sized businesses, principally in France. In the year to 31 December 2001 it reported annual turnover of £9.7m. Its products will be marketed to Sage's existing installed base of French small and medium-sized businesses as a complement to their existing Sage accounting solutions. In addition, the acquired Concept customer base will benefit from the full range of Sage products. Sage is, in all its markets, expanding its portfolio of complementary products either by acquisition or by in-house product development. Other existing complementary Sage products include fixed assets, human resources, cash flow forecasting, contact management and sales force automation. Enquiries The Sage Group plc 0191 255 3000 Financial Dynamics 020 7831 3113 Paul Walker, Chief Executive Giles Sanderson Paul Harrison, Finance Director Harriet Keen Phil Branston, Investor Relations Notes to editors The Sage Group plc is a leading international supplier of accounting and business management software solutions and related products and services for small to medium-sized enterprises. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and the Group now employs over 5,000 people worldwide. Concept Group comprises Concept SA, CSD SA and Exag SA.

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Sage Group (SGE)
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