UNIT4 increases its offer price for the shares in Teta S.A.

Published on June 30, 2010 in Computer & Electronics, Computer Software, Internet, Technology

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UNIT4 N.V. (“UNIT4”), a leading global business software supplier, listed on Euronext Amsterdam by NYSE Euronext, which on 31 May 2010 announced a public tender offer (the “Offer”) to acquire 100% of the shares in Teta S.A. (“Teta”), has today increased its offer price. The price increas

Sliedrecht (June 30, 2010) –

UNIT4 N.V. (“UNIT4”), a leading global business software supplier, listed on Euronext Amsterdam by NYSE Euronext, which on 31 May 2010 announced a public tender offer (the “Offer”) to acquire 100% of the shares in Teta S.A. (“Teta”), has today increased its offer price. The price increase is following the tender offer for Teta announced by Sage Group plc on 23 June 2010.

The Offer will be fully financed through existing cash balances.

Offer price from 30 June to 5 July 2010

Within the next 5 business days, i.e. from 30 June 2010 until 5 July 2010, the price offered is PLN 14.00 per share, valuing all outstanding shares in Teta at PLN 165.6 million (EUR 40.0 million[1]).

The price offered will be paid to those Teta shareholders who (i) have subscribed for the sale of their shares in Teta before the price change, and (ii) subscribe for the sale of their shares in Teta within the aforementioned 5 business days.

Completion of the transaction for the shares in Teta subscribed within the aforementioned period is conditional upon UNIT4 achieving, in response to the increased price, acceptances of at least 33.33% plus one share of Teta’s total number of shares.

Offer price from 6 July 2010 onwards

From 6 July 2010, the price offered will be PLN 12.80 per share.

The completion of the transaction for the remaining shares in Teta will be conditional upon UNIT4 achieving acceptances of at least 66% plus one share of Teta’s total number of shares.

All other conditions of the Offer remain unchanged.

For any further enquiries please contact:

UNIT4 NV

Chris Ouwinga, CEO or Edwin van Leeuwen, CFO

Tel.: +31 (0)184 444 444

Fax: +31 (0)184 444 463

E-mail: edwin.van.leeuwen@unit4.com

ING Bank NV, London Branch

Xavier Moreels or Ali Awan

Tel.: +44 207 767 1000

ABOUT UNIT4

UNIT4 is a global business software and services company aimed at helping dynamic organizations to embrace change simply, quickly and cost effectively in a market sector it calls ‘Businesses Living IN Change’ (BLINC)(TM). The Group incorporates a number of the world’s leading change embracing software brands including Agresso Business World and CODA financial management software.

For mid-sized services intensive organizations, UNIT4 markets the Agresso Business World ERP suite that is widely acknowledged as the business software solution that delivers the lowest Total Cost of Change. This is achieved thanks to its VITA(TM) architecture which allows for ongoing, post-implementation changes without the typical external IT costs and services that cost firms huge sums of money each year.

CODA Financials is our award-winning suite of best-of-class financial management software designed to integrate with your industry- and company-specific applications. CODA’s LINK(TM) architecture sets it apart from ordinary accounting systems by providing a financial information backbone for companies with fast-changing and mixed application environments. It is a global accounting solution for mid-to large sized organizations, offering a “no compromise” approach to financial modeling, process control and application choice.

UNIT4 is a top six mid-market ERP software player globally and the 2nd largest European ERP supplier. With offices in 13 European countries, as well as 6 countries across North America, Asia Pacific and Africa and sales activities in several other countries, a revenue of EUR379.4 million was realized in 2009. UNIT4 is headquartered in Sliedrecht, the Netherlands. The company has 3,456 employees (31 December 2009).

UNIT4 is listed on Euronext Amsterdam by NYSE Euronext and is included in the Amsterdam Smallcap Index (AScX). For more information on UNIT4 or any of its operating companies, please visit the website at www.unit4.com.

About Teta

Established as a limited liability company in 1987 (converted into joint stock in 1998), Teta is a medium-sized provider of ERP, HR, Business Intelligence and e-commerce software solutions to small, medium and large corporate and government clients. It has a leading position in the Polish ERP and HR software market and a strong presence in Hungary through its subsidiary VT-Soft, with a portfolio of more than 2,000 customers. The company has been listed on the Warsaw Stock Exchange since November 2005.

Source: UNIT4

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