Offer Update

RNS Number : 5792O

Sage Group PLC

30 June 2010

 

30 June 2010

Update to Sage's offer for Teta

Following the offer announced on 23^rd June 2010 by The Sage Group plc ("Sage") for Teta S.A. ("Teta"), Unit 4 has today increased its own offer for Teta.

Sage is reviewing its position at present and will issue a further statement in the course of Monday July 5, 2010.

About The Sage Group plc

The Sage Group plc is a leading global supplier of business management software and related products and services, principally for small to medium-sized enterprises. Formed in 1981, Sage was floated on the London Stock Exchange in 1989. Sage has 6.2 million customers and 13,100 employees worldwide. We operate in over 24 countries covering the UK, Europe, North America, South Africa, Australia, India and China. For further information please visit www.sage.com.

Enquiries:

The Sage Group plc       [phone]                               

Paul Walker, Chief Executive                                              

Paul Harrison, Finance Director                                          

Andrew Griffith, Investor Relations

Tulchan                          [phone]

David Shriver

 

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