Repurchase program

The Annual General Meeting 2006 authorized the Board of Directors to decide on acquisitions and transfers of the company's own shares. The proposal primarily authorized the Board of Directors, during the period up until the next Annual General Meeting, on one or more occasions, to acquire or transfer shares in the company. The number of the company’s own shares may not at any time amount to higher than 10 percent of the total number of Orc Software shares. Share acquisitions shall take place on the Stockholm Stock Exchange and the market price at the time of acquisition shall be paid for the shares. The transfer of the company's own shares may take place via other means than the Stockholm Stock Exchange in order to finance acquisitions or expansion. The authorization was also made by the Annual General Meeting 2005, 2004 and 2003.

2007 non applicable.

The following transactions have been made:
 

Date

Number of shares
bought/sold

Average price, SEK

May 19, 2003 100 000 50.00
May 20, 2003 25 000 50.50
May 23, 2003 >50 000 49.00
May 27, 2003 50 000 47.30
April 26, 2004 5 000 76.50
April 29, 2004 2 600 75.50
May 14, 2004 25 000 77.50
May 19, 2004 50 000 75.75
May 26, 2004 5 700 74.00
August 20, 2004 200 65.50
August 25, 2004 50 000 67.50
November 2, 2004 50 000 56.50
November 10, 2004 100 000 56.00
February 1, 2006 -513 500 88.24

Total

0

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