On 1 September 2014 SimCorp A/S announced a share buyback program in compliance 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 10.0m (approx. DKK 74.6m) in the period from 2 September 2014 to 13 February 2015. 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 322,698 165.98 53,561,266 as of last announcement: -------------------------------------------------------------------------------- 18 November 2014 1,400 174.87 244,818 -------------------------------------------------------------------------------- 19 November 2014 2,000 172.73 345,460 -------------------------------------------------------------------------------- 20 November 2014 2,000 169.73 339,460 -------------------------------------------------------------------------------- 21 November 2014 2,100 168.95 354,795 -------------------------------------------------------------------------------- 24 November 2014 2,000 169.38 338,760 -------------------------------------------------------------------------------- Accumulated under the program 332,198 166.12 55,184,559 following above purchases: -------------------------------------------------------------------------------- Following above purchases, SimCorp holds 908,066 treasury shares corresponding to 2.19% of the share capital. Purchases for an amount of EUR 2.6m (approx. DKK 19.4m) 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 8800, +45 2811 3828) Company Announcement no. 48/2014