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euro adhoc: Software AG
Directors' Dealings Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG

EUWAX (euro adhoc) -

  Notification concerning transactions by persons discharging managerial
  responsibilities pursuant to section 15a of the WpHG, transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is responsible
  for the content of this announcement.
22.11.2007
Details of the person subject to the disclosure
requirement:
Name:              Dr. Peter Kürpick
Reason for the disclosure requirement:
Reason:            Person performing managerial responsibilities
Position:          Member of a managing body
Details of the transaction:
Description of financial instrument: DB Software 85 CWTS 17.06.09
ISIN:                DE000DB9K807
Type of transaction: purchase
Date:                22.11.2007
No of items:         15000
Currency:            Euro
Price:               0.27000
Total amount traded: 4,050.00
Place:               EUWAX
Explanation:         Purchase of warrants
Description of the derivative:
Type of derivative:
Underlying ISIN:     DE0003304002
Underlying Descr.:   Share
Strike price:        85,00000
Expiration date:     17.06.2009
Price multiplier:    16,98300
Issuer subject to the publication requirement:
end of announcement                               euro adhoc 22.11.2007 15:38:38

Further inquiry note:

Branche: Software
ISIN: DE0003304002
WKN: 330400
Index: TecDAX, CDAX, HDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade

Original content of: Software AG, transmitted by news aktuell

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