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Exact Starts Share Buyback Program

Delft, 28 Juli 2008 - Further to the announcement on July 24, 2008, Exact Holding N.V. (“Exact”) announces that it will start a share buyback program of up to 5% of its issued shares today.

Based on the 18 month authorization granted by the General Meeting of Shareholders on April 24, 2008 and with approval of the Supervisory Board, Exact will buy up to 5% of its issued shares (“Shares”) (representing 1.22 million Shares). At the closing price of Exact on NYSE Amsterdam on July 25, 2008 the share buyback program will have a maximum value of approximately EUR 20.7 million and will be funded by the company’s existing cash reserves. The shares acquired will remain available for general purposes of the company, including but not limited to M&A activities.

Exact has mandated ING Wholesale Banking (“ING”) to lead manage the execution of the share buyback program, which means that ING will make its trading decisions in relation to the acquisition of Shares independently of Exact and without influence by Exact with regard to the timing of the purchases. This means that the share buyback program may be continued during the company’s closed periods. Any purchase of Shares shall be effected through the central order book of NYSE Euronext Amsterdam N.V. (“Euronext Amsterdam”) or through block and cross trades within the meaning of the Euronext Amsterdam Rule Book. Exact will provide weekly progress updates to the market.

The share buyback program will be completed on or before October 31, 2008. In case the share buyback program is completed, Exact shall publicly disclose this at such time.

Over Exact Software

Exact Software werd in 1984 opgericht en is een internationaal vooraanstaande producent van zakelijke software oplossingen voor kleine, middelgrote en grote organisaties. Naast traditionele, geïntegreerde oplossingen voor Enterprise Resource Planning (ERP) ontwikkelt zij daaraan gerelateerde oplossingen, zoals Human Resource Management (HRM), Customer Relationship Management (CRM), Project Management, Business Analytics en Elektronische Workflow.

Exact heeft zijn hoofdkantoor in Delft en vestigingen in Europa, het Midden-Oosten, Noord-, Midden- en Zuid-Amerika, Azië, Australië en Afrika. Met ongeveer 2750 medewerkers, vestigingen in ruim 40 landen en oplossingen die beschikbaar zijn in 40 talen bedient Exact momenteel klanten in meer dan 125 landen.

In 2007 bedroeg de omzet € 252,1 miljoen. Sinds juni 1999 is Exact Holding N.V. genoteerd aan de Eurolist bij Euronext Amsterdam.

Meer informatie

Investor Relations
Jeroen Bruins Slot
Exact Holding N.V.
T: 31 (0)15 711 5075
M: 31 (0)6 2666 3660

Exact Holding N.V.
Poortweg 6

T: 31 15 2613714
F: 31 15 2625461

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