Business Objects Shareholders Approve 2 for 1 Stock Split

Business Wire, Jan 12, 2000

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 12, 2000

Business Objects (Nasdaq:BOBJ) (ParisBourse:BOB) today announced that its shareholders have approved a 2 for 1 stock split of its ordinary shares.

The stock split will be effective on January 20, 2000. In connection with the stock split, each old ordinary share will automatically convert to two new ordinary shares on January 20, 2000. On the same date, an additional American Depositary Share of the company, corresponding to one ordinary share, will be issued to the holders of record of American Depositary Shares as of January 19, 2000. The stock split will be reflected in the share count and trading prices on the Premier Marche of the ParisBourse(SBF) and the Nasdaq National Market beginning on January 20, 2000.

About Business Objects

Business Objects is the world's leading provider of e-business intelligence (e-BI) solutions. Using e-business intelligence, organizations can access, analyze, and share information in intranet, extranet, and e-business environments. In intranets, the company's products provide employees with information to make better business decisions, and are used in environments ranging from workgroups of 20 users to enterprise deployments exceeding 20,000. In the extranet environment, the company is pioneering the use of e-BI in applications that allow organizations to build stronger relationships by linking customers, partners, and suppliers via the internet. In addition, the company's products can improve the performance of an e-business by providing reporting and analysis against the ever-expanding amount of transaction and profile data that is collected each day throughout the world wide web.

Founded in 1990, Business Objects pioneered the modern business intelligence industry by inventing and patenting a "semantic layer" that insulates users from the technical complexity of database systems. Today, the company has sold more than 1,442,000 licenses to 9,100 organizations in more than 80 countries. The company's stock is publicly traded under the ticker symbols NASDAQ:BOBJ and Paris Bourse:BOB. Business Objects can be reached at 408/953-6000 and www.businessobjects.com.