On 11 September 2012, SimCorp A/S announced a share buyback program in accordance with the provisions of Commission Regulation No. 2273/2003 of 22 December 2003, also referred to as the “Safe Harbour”. In connection with the programme SimCorp A/S will repurchase shares for an amount of up to EUR 10.0m (approx. DKK 74,5m) in the period from 12 September 2012 to 26 February 2013. Since the last announcement the following transactions have been executed under the programme: Date Number of Average purchase price Amount shares (DKK per share) (DKK) -------------------------------------------------------------------------------- Accumulated under the programme 30,072 1,238.92 37,256,730 as of last announcement: -------------------------------------------------------------------------------- 26 November 2012 350 1,310.65 458,728 -------------------------------------------------------------------------------- 27 November 2012 650 1,265.68 822,692 -------------------------------------------------------------------------------- 28 November 2012 900 1,243.47 1,119,123 -------------------------------------------------------------------------------- 29 November 2012 100 1,247.75 124,775 -------------------------------------------------------------------------------- 30 November 2012 500 1,276.71 638,355 -------------------------------------------------------------------------------- Accumulated under the programme 32.572 1,240.96 40,420,403 following above purchases: -------------------------------------------------------------------------------- Following above purchases, SimCorp holds 2,639,850 treasury shares corresponding to 5,87% of the share capital. Purchases for an amount of EUR 4,6m (approx. DKK 34,1m) remain to be executed under the programme. Enquiries regarding this announcement should be addressed to: Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000) Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 6858, +45 2811 3828) Company Announcement no. 48