On 27 August 2013, 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 program SimCorp A/S will repurchase shares for an amount
of up to EUR 20.0m (approx. DKK 149.2m) in the period from 28 August 2013 to 24
February 2014. 

Since the last announcement the following transactions have been executed under
the program: 

Date                               Number of   Average purchase price   Amount  
                                    shares      (DKK per share)          (DKK)  
Accumulated under the program as      633,900                   184.46  116,929,
 of last announcement:                                                       384
13 January 2014                         5,000                   203.72  1,018,60
                                                                               0
14 January 2014                         5,218                   202.46  1,056,43
                                                                               6
15 January 2014                         5,000                   204.64  1,023,20
                                                                               0
16 January 2014                         5,000                   207.20  1,036,00
                                                                               0
17 January 2014                         5,000                   207.33  1,036,65
                                                                               0
Accumulated under the program         659,118                   185.25  122,100,
 following above purchases:                                                  270



Following above purchases, SimCorp holds 2,188,159 treasury shares
corresponding to 5.03% of the share capital. 

Purchases for an amount of EUR 3.6m (approx. DKK 27.1m) remain to be executed
under the program. 


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. 04/2014