StatPro Regulatory News (SOG)

For release at 7.00 am

30 March 2010

STATPRO GROUP PLC

("StatPro", "the Company" or "the Group")

Exercise of Option to acquire minority interest in SiSoft

StatPro Group plc (AIM:SOG), the AIM listed provider of portfolio analytics and evaluation services to the global asset management industry, announces that it has given notice to the minority shareholders in SiSoft Sarl ('SiSoft'), a business in which StatPro currently owns a 51% stake, of its intention to exercise its call option to acquire the remaining 49% minority interest in SiSoft with effect from 30 June 2010. SiSoft has developed an advanced web-based Composites solution which is integrated into StatPro Composites.

Background

As announced on 21 June 2004, StatPro Group plc invested in a 51% stake in SiSoft (a company with five employees based in Paris), subscribing €150,000 of seed capital for the investment. Under the terms of the agreement, StatPro has an option (exercisable between 31 March 2009 and 31 December 2014) to acquire (and the existing shareholders have a corresponding option to sell) the remaining 49%.

StatPro Composites

StatPro Composites is the market leader for Global Investment Performance Standards (GIPS®) and supplies over 100 of the largest asset managers in the world. The product enables asset managers to achieve and maintain compliance with GIPS®. Fund managers are under increasing pressure to provide GIPS compliant performance statistics and StatPro's systems also assist in the efficient and effective distribution of performance data and statistics within firms.

SiSoft

The acquisition of 51% of SiSoft in 2004 enabled StatPro to minimise the development risk of the second generation platform for StatPro Composites. SiSoft has delivered an excellent product that has been in production for around three years with over half our clients upgraded to it. It is now integrated into StatPro Seven, StatPro's new SaaS solution for Asset Managers. The Board believes that it is in the best interests of StatPro shareholders to exercise its option now to acquire the remaining 49% of SiSoft.

Deferred Consideration

To determine the deferred consideration payable (which is capped) under the option, the enterprise value of SiSoft will be derived by applying a formula based on a percentage of the revenue within SiSoft (the amount payable equating to approximately 0.5 times the annual recurring revenue generated by the new Composites product globally), adjusted for the net assets of SiSoft on the exercise date. The amount, payable in cash, will therefore be calculated shortly after 30 June 2010 and is currently projected by the Directors to be less than €1.5 million.

Justin Wheatley, CEO of StatPro commented: "We placed great faith in SiSoft and Laurent Delrieu and his team have delivered an outstanding product for our clients. Bringing the team fully into the StatPro Group strengthens our ability to extend the reach and capacity of StatPro Composites in its new form in StatPro Seven. GIPS plays a vital role in the investment management industry and we foresee continued success for the product."

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About StatPro

StatPro is a leading provider of portfolio analytics and data solutions for the global asset management industry. The Company sells a SaaS-based Analytics and Data platform on a rental basis to investment management companies allowing them to analyse portfolio performance, attribution, risk and GIPS® compliance. StatPro also provides market data and valuation feeds including a Complex Asset Pricing service.

StatPro has grown its recurring revenue from less than GBP 1 million in 1999 to GBP 28.4 million at end December 2009. StatPro floated on the London Stock Exchange in May 2000 and transferred its listing in June 2003 to AIM. The Group has operations in Europe, North America, South Africa and Australia, with approximately 75% of recurring revenues being generated outside the UK.