[By NBC-1TV E. H KIm] THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”). THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE MADE 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. 
On 23 February, SS&C Technologies Holdings, Inc. (“SS&C”) made a proposal to the independent directors of GlobeOp (the “Independent Directors”) regarding a possible cash offer for the Company. 
Following further discussions between SS&C and the Independent Directors, SS&C made an improved proposal, under which GlobeOp shareholders would be entitled to receive 485 pence in cash for each GlobeOp share. 
The Independent Directors have indicated that, subject to the finalisation of the terms and conditions of the offer, they would be willing to recommend an offer made by SS&C at this level. 
For the purposes of Rule 2.5(a) of the Code, SS&C reserves the right to make an offer at any time at a value below 485 pence per share: (i) with the agreement and recommendation of the Independent Directors; (ii) where the issued share capital of GlobeOp is greater than 106,752,499 GlobeOp shares (save for any increase arising as a result of the exercise or vesting of existing awards under existing schemes, plans or equivalent), in which case there would be a pro rata reduction in the offer price; or (iii) GlobeOp announces, declares or pays a dividend or any other distribution to its shareholders, in which case there would be an equivalent reduction in the offer price.







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