Sage announces 2013 special dividend timetable

Amendment to Official List, Share Consolidation and Total Voting Rights

Further to the approval by shareholders of the share consolidation associated with the special dividend at The Sage Group plc's (the "Company") GM on 3 June 2013, the Company's share consolidation will become effective on Monday, 10 June 2013, conditional upon admission of the new Ordinary shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange becoming effective.

The share consolidation will replace every 81 existing Ordinary shares of 1 pence each with 77 new Ordinary shares of 1^4/77 pence each. The Company's new Ordinary shares will be admitted to the Official List of the UK Listing Authority and will commence trading on the London Stock Exchange at 8.00am UK time on Monday, 10 June 2013.

Prior to the share consolidation becoming effective, the Company's issued share capital was 1,207,881,315 Ordinary shares of 1 pence each. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the Company's issued share capital as at 8.00am on 10 June 2013 (the effective time of the share consolidation) will consist of 1,148,232,855 new Ordinary shares of 1^4/77 pence each. As at 8.00am on 10 June 2013, the Company will hold 38,461,174 shares in treasury. 

The decrease in the issued share capital and total voting rights results from the consolidation of shares. 

The total voting rights in the Company will therefore be 1,109,771,681 which may be used by shareholders as the denominator for the calculations by which they will determine (if they are required to notify) their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.

The timetable in relation to the special dividend and the share consolidation is as follows: