ComArch S.A. Management Board announces that on 31 October 2008, pursuant to art. 160 sec. 1 pt 1 of the Act on Trading in Financial Instruments (Journal of Laws, no. 183, pos. 1538 and changes to this act), according to § 2 sec. 1 of the Regulation issued by the Minister of Finance on 15 November 2005 concerning information on some transactions in financial instruments and principles of preparing and administrating the list of persons who can have some specified confidential information (Journal of Laws, no. 229, pos. 1950), received an information about purchases of ComArch S.A. shares.

On 28 October 2008, one of ComArch S.A.’s managing persons bought 232 (in words: two hundred thirty-two) ordinary bearer shares of ComArch S.A. for average price of 56.7 PLN (in words: fifty-six and 70/100) for each share. The above-mentioned transactions were concluded on regulated market at Warsaw Stock Exchange. Information was prepared on 31 October 2008 in Krakow.