Statement re market speculation

RNS Number : 4683M

Sage Group PLC

16 August 2011

 



Tuesday 16 August 2011                                                                                                                   

Comment regarding market speculation

The Sage Group plc ("Sage") notes the press speculation regarding a potential acquisition of MYOB Pty Ltd ("MYOB").

Sage can confirm that it is currently considering a potential acquisition of MYOB. However there is no certainty that it will proceed.  The company will provide further information, if and when appropriate.

Enquiries:

The Sage Group plc [phone]

Andrew Griffith, Investor Relations

Tulchan Communications [phone]

David Shriver

Lucy Legh

About The Sage Group plc

Sage 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 6.3 million customers and 13,400 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.

 

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