Sage Group plc will seek shareholder approval for a share repurchase program at its Annual General Meeting to be held on March 1, 2013. Under the program, the company will repurchase up to 120,380,408 shares, representing 9.05% of its issued capital. The minimum price which may be paid for any ordinary share will be the nominal value of that share.

The maximum price which may be paid for any ordinary share shall be equal to the higher of 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List for the five business days immediately before the purchase is made and the amount stipulated by article 5(1) of the Buy-back and Stabilisation Regulation 2003 (in each case exclusive of expenses). The share repurchase program will expire at the conclusion of the next Annual General Meeting of the company or March 31, 2014, whichever is earlier, unless previously renewed, varied or revoked by the company in a general meeting. As of January 3, 2013, the company has 1,329,829,880 ordinary shares in issue.