Geac Computer Corporation Limited, a global enterprise software company for business performance management, and Comshare, Incorporated, a leading provider of software that helps companies implement and execute strategy, announced the results of Geac's tender offer for all the outstanding common shares of Comshare, which expired at midnight on July 31, 2003. Based upon a preliminary tally by Equiserve Trust Company, N.A., the Depositary for the offer, 9,039,483 shares, or 83.5 percent of Comshare's outstanding shares, were validly tendered (including 134,144 shares tendered by notice of guaranteed delivery). Geac has accepted for payment all shares validly tendered and not properly withdrawn. The final count of shares tendered, including guaranteed deliveries, will be available on August 5, 2003. Shareholders who validly tendered prior to the expiration of the offer and whose shares were not properly withdrawn will promptly receive the offer price of US$4.60 net per share, in cash.

Geac also announced that it will provide a subsequent offering period of seven business days, which will commence at 9:00 a.m. EDT today, and expire at 5:00 p.m. EDT on Monday, August 11, 2003, unless extended. Common shares of Comshare validly tendered during this subsequent offering period will be accepted immediately and paid for promptly as they are accepted. Holders who validly tender during the subsequent offering period will receive the same offer price of US$4.60 net per share, in cash, that is payable to holders who tendered during the original offering period. Pursuant to Rule 14d-7(a)(2) under the Securities Exchange Act of 1934, no withdrawal rights will apply during the subsequent offering period.

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