DGAP-DD: update software AG english

| Source: EQS Group AG EQS Group AG 


Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EquityStory AG.
The person with duty of notification is solely responsible for the content
of this announcement.
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Details of the person subject to the disclosure requirement
Last name: Blazicek
First name: Veronika

Relationship to a person performing managerial responsibilities: Dependent child
Details of the person performing managerial responsibilities
Position: Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument: update software AG Shares
ISIN/WKN of the financial instrument: AT0000747555
Type of transaction: Buy
Date: 19.11.2010
Price: 2.1715
Currency: EUR
No. of items: 50000
Total amount traded: 108575
Place: over the counter

Information about the company with duty of publication

Issuer: update software AG
Operngasse 17 - 21
1040 Wien
Österreich
ISIN: AT0000747555
WKN: 934523


End of Directors' Dealings Notification 
(c) DGAP 19.11.2010

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