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Announcements

Another Acquisition

FreeSoft. Rt today has acquired a 100% ownership in Axis Kft.

FreeSoft Rt. (1119 Budapest, Vahot u. 6.) hereby informs players in the financial and capital markets that the company today purchased the shares from all the owners of AXIS Számítástechnikai Kft. (8000 Székesfehérvár, Móricz Zs. u. 14; Company Registry No.: 07-09-002289; nominal capital: HUF 30 million), and therefore became the exclusive owner of AXIS Kft. The full purchase price was HUF 239,680,000.

According to the agreement, the sellers will purchase FreeSoft shares for half of the purchase price.

Budapest, March 21, 2005

FreeSoft Rt.

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