ADR
            

American Depositary Receipt Program

If you own ADRs:  They are not being traded any longer, please have a look here on how to proceed.

Until recently Software AG Corporation had established a Level-1 American Depositary Receipt (ADR) Program. ADRs are negotiable U.S. certificates evidencing ownership of shares for a non-U.S. company. They enable U.S. investors to acquire and trade non-U.S. securities denominated in U.S. dollars.

The Level-1 ADR Program enables over-the-counter (OTC) trading of unlisted ADRs representing the Software AG stock. Software AG used the OTCQX platform, a premier market place for over-the-counter business in the U.S.

The purpose of the Level-1 ADR Program was to encourage foreign investments into our stock through the U.S. over-the-counter market, especially in the U.S.

Description of the ADR Program

 Type of ADR program
Sponsored Level-1 ADR Program
Effective date
 October 27, 2005
Ratio
 4 ADRs = 1 registered share
U.S. Security Code
 (Cusip) 83403H 10 1
Stock symbol
STWRY
Depositary bank
Bank of New York Mellon
 Local custodian bank
Bank of New York Mellon

For further information about ADRs in general please visit the ADR-Website of Bank of New York Mellon or access the company profile page of Software AG ADR at Bank of New York Mellon for more details on our program.
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