Regarding the current report no. 28/2008 dated the 14th of November, 2008, the Management Board of ComArch S.A. announces that on the 22nd of December, 2008, according to the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz) ComArch Software AG, a subsidiary of ComArch S.A. launched a mandatory takeover offer of other shares of SoftM Software und Beratung AG.

Currently, ComArch Software AG holds 3,250,000 shares which constitute 50.15% of SoftM Software und Beratung AG’s share capital. The acceptance period of the offer begins on the 22nd of December, 2008, and ends on the 2nd of February, 2009. As a result of this offer, ComArch Software AG may acquire a maximum of 3,230,000 shares. The offered purchase price of one share is 3.45 euros. The maximum offer value amounts to 11,143,500 euros. The entire content of the offer "Angebotsunterlage" is available in German at www.comarch.pl and at www.comarch.de.