Ad-hoc | 24 January 2006 11:50

ATOSS Software AG: Company proposes dividend of EUR 5.50

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— ATOSS Software AG announces that the administrative organs of the company will propose a special dividend outpayment to the General Meeting of Shareholders to be held on May 2, 2006, to be disbursed from the capital reserves of EUR 19,8 million that have been included in the distributable profit for the year. According to initial, preliminary calculations, after consideration of net earnings brought forward, revenue reserves and annual surplus, the total of the reported distributable profit for the year 2005 will amount to EUR 22 million, thereby enabling a shareholder dividend per dividend bearing individual share certificate of EUR 5.50. The dividend will be paid out of the tax free capital surplus account, and is therefore, as far as management is aware, tax free for shareholders with less than 1% of the share capital. The full information on the respective taxation regulations will be announced within the context of the press conference on financial statements to be held of March 17, 2006. Subsequent to the out payment, the equity capital structure of ATOSS Software AG will have an comfortable equity ratio of around 60% and financial resources and funds of over EUR 6 million at the year end. Thanks to its business model the company is recording regular, significant operative cash flows. In spite of considerable expenditures on research and development, which will, according to the company’s accounting practice, be directly carried as expense item, the company’s operating cash flow will come in for the year 2005 at the level of the previous year according to preliminary calculations (previous year: EUR 1.6 million). In this way, the ongoing investments in research, development and market access, which have been financed out of the ongoing cash flow to date, can be continued without restrictions, or also stepped up, while the company will continue to offer its clients an excellent level of investment protection. In the opinion of the management board and supervisory board the company’s growth perspectives will not be substantially affected by the dividend outpayment. The company continues to hold a high equity ratio, direct access to the capital market, and the opportunity to utilize approved capital to open up further growth perspectives ATOSS Software AG Am Moosfeld 3 81829 München Deutschland ISIN: DE0005104400 WKN: 510440 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart End of ad hoc announcement (c)DGAP 24.01.2006