AD HOC DISCLOSURE
ACCORDING TO § 15 WPHG (SECURITIES TRADING ACT)
Software AG's
executive board (TecDAX, ISIN DE 0003304002 / SOW) today decided, on the basis
of the authority granted by the general meeting of May 13, 2015 and with the
approval of the supervisory board, to conduct a buyback of own shares in a
value of up to EUR 70 million (excluding ancillary costs) during the period
until December 31, 2015 at the latest. Based on the Xetra closing rate on
September 2, 2015 of EUR 24.02 this equates to a volume of up to approx.
2,914,238 shares. The limit for a share buyback is 10 percent of the share
capital as of the date of the resolution less other treasury shares, which the
Company has previously purchased or still holds or which are attributable to it
under the provisions of §§ 71d and 71e AktG (German Stock Corporation Act),
which equals 7,838,144 shares. It is intended that the share buyback will be
conducted through a bank and exclusively on the stock exchange. The shares
bought back may be used for all purposes permissible under the above mentioned
authority and applicable stock corporation law.