Lawson Software Announces $200 Million Increase in Share Repurchase Authorization


Lawson Software Announces $200 Million Increase in Share Repurchase
Authorization

ST. PAUL, Minn.--(BUSINESS WIRE)--July 10, 2008--Regulatory News:

    Lawson Software, Inc. (Nasdaq: LWSN) today announced that its
board of directors has approved an increase of $200 million to its
current share repurchase authorization, resulting in a total available
authorization of $239.5 million for future stock repurchases as of
July 10, 2008. The original $100 million authorization was announced
on Nov. 13, 2006 and subsequently increased to $200 million on Apr.
16, 2007. From the inception of the $400 million repurchase program
through July 10, 2008, the company used $160.5 million to repurchase
18.0 million shares at an average price of $8.94 per share,
representing 9.6 percent of total shares outstanding as of November
2006.

    The share repurchase will be funded using the company's existing
cash balance and future cash flows. The share repurchases may occur
through transactions structured through investment banking
institutions, open market purchases, privately negotiated transactions
and/or other mechanisms. The program allows the company to repurchase
shares at its discretion and under various methods. Market conditions
will influence the timing of the buyback and the number of shares
repurchased.

    At the end of fiscal year 2008 ended May 31, 2008; Lawson had
cash, cash equivalents, marketable securities and short-term
investments of $488.6 million and 173.8 million common shares
outstanding.

    About Lawson Software

    Lawson Software provides software and service solutions to
approximately 4,000 customers in manufacturing, distribution,
maintenance and service sector industries across 40 countries.
Lawson's solutions include Enterprise Performance Management, Supply
Chain Management, Enterprise Resource Planning, Customer Relationship
Management, Manufacturing Resource Planning, Enterprise Asset
Management and industry-tailored applications. Lawson solutions assist
customers in simplifying their businesses or organizations by helping
them streamline processes, reduce costs and enhance business or
operational performance. Lawson is headquartered in St. Paul, Minn.,
and has offices around the world. Visit Lawson online at
www.lawson.com.

    Forward-Looking Statements

    This press release contains forward-looking statements that
contain risks and uncertainties. These forward-looking statements
contain statements of intent, belief or current expectations of Lawson
Software and its management. Such forward-looking statements are not
guarantees of future results and involve risks and uncertainties that
may cause actual results to differ materially from the potential
results discussed in the forward-looking statements. The company is
not obligated to update forward-looking statements based on
circumstances or events that occur in the future. Risks and
uncertainties that may cause such differences include but are not
limited to: uncertainties in Lawson's ability to realize synergies and
revenue opportunities anticipated from the Intentia International
acquisition; uncertainties in the software industry; uncertainties as
to when and whether the conditions for the recognition of deferred
revenue will be satisfied; increased competition; global military
conflicts; terrorist attacks; pandemics, and any future events in
response to these developments; changes in conditions in the company's
targeted industries and other risk factors listed in the company's
most recent Quarterly Report on Form 10-Q and the most recent Annual
Report on Form 10-K filed with the Securities and Exchange Commission.
Lawson assumes no obligation to update any forward-looking information
contained in this press release.


CONTACT: Lawson Software
         Joe Thornton, +1-651-767-6154
         Media
         joe.thornton@us.lawson.com
         or
         Barbara Doyle, +1-651-767-4385
         Investors and Analysts
         barbara.doyle@us.lawson.com

Attachments

07102423.pdf