Pursuant to &5 sec. 1 point 1 of the Regulation issued by the Minister of Finance on 19 October 2005 concerning current and periodical information pertaining to companies traded on the stock exchange ComArch S.A.’s Management Board announces that on 18 September 2008 limited liability company was registered under the company name of ComArch R&D S.A.R.L. with its registered seat in Montbonnot-Saint-Martin, in France.

Issuer’s subsidiary, ComArch Software AG holds 70 % of ComArch R&D S.A.R.L. shares, that constitute 70 % of the share capital and 70 % of votes at the meeting of shareholders. The share capital of ComArch R&D S.A.R.L. amounts to 7,500 Euro and consists of 750 shares of nominal value of 10 Euro each. ComArch Sofware AG purchased the above-mentioned shares with internal means for the total price of 7,500 Euro. The shares were considered as significant due to the fact that ComArch Software AG exceeded 20 % in the share capital of ComArch R&D S.A.R.L.  The subject matter of activities of ComArch R&D S.A.R.L. will be creation and implementation of IT systems, as well as advisement within the scope of IT systems.