Acquisition of Apex Software International Ltd

Sage Group PLC 24 May 2000 The Sage Group plc ('Sage') Acquisition of Apex Software International Limited Sage announces the acquisition of the entire share capital of Apex Software International Limited ('Apex'), based in Eire, for £15.7* million in cash. Apex provides PC based solutions for accountants in practice. This acquisition combined with Sage's existing business in Eire, provides Sage with a market leading position in this market. * Using, for illustration purposes, an exchange rate of £1 = £1.278 Irish Punts. Enquiries: The Sage Group plc 0191 255 3000 Paul Walker, Chief Executive Paul Harrison, Finance Director Web-site address: http://www.sage.com Financial Dynamics 0207 831 3113 Jon Earl

Companies

Sage Group (SGE)
UK 100

Latest directors dealings