Report from Orc Software’s Annual General Meeting

Today, April 25, 2007, Orc Software held its Annual General Meeting (AGM), which took place at the company’s office on Birger Jarlsgatan in Stockholm.

Dividends
The A G M approved the Board of Directors’ proposed dividend of SEK 2 per share. The record date for the dividends is April 30, 2007. The expected payment date for the dividends, which will be paid out through VPC, is May 4, 2007.

Board of Directors’ compensation and auditor’s compensation
Compensation for the Board of Directors remains approved at SEK 150 000 per Board member
and SEK 300 000 for the Chairman. Auditor compensation will be paid according to invoice.

Board of Directors
Regular Board members Katarina Bonde, Magnus Böcker, Patrik Enblad, Markus Gerdien and Annette Kumlien were reelected. Lars Bertmar and Carl Rosvall were newly elected. Markus Gerdien was elected Chairman of the Board.

Auditor
The audit firm Ernst & Young was re-elected for four years as auditor for Orc Software.

Authorization for the Board of Directors to raise customary credit facilities
The A GM resolved, in accordance with the Board of Directors’ proposal, to authorize the Board of Directors the raising of certain loans.

Principles for remuneration and other terms of employment for the Executive Management Team
The AGM approved the Board’s proposals regarding the principles for remuneration and other terms of employment for the Executive Management Team.

CEO Thomas Bill’s presentation is available in Swedish at www.orcsoftware.com.

For a detailed description of the approved proposals, please see the notice to the AGM at www.orcsoftware.com.

For further information please contact:
Thomas Bill, phone no.: +46 8 407 38 24


About ORC Software
Orc Software (SSE: ORC) is a leading global provider of technology for advanced trading, market making, brokerage and connectivity. Founded in 1987, Orc provides solutions and services to its 600+ worldwide customer sites from its offices across Europe, North America and Asia Pacific. Orc Software's customers include leading investment banks, trading and market-making firms, exchanges, brokerage houses, institutional investors, hedge funds and software vendors. CameronFIX, the number one Financial Information Exchange protocol (FIX) platform, is an Orc Software connectivity solution. CameronFIX is used as a FIX platform by major members of the global financial industry.

Orc Software’s customers include Barclays Capital, ISE, Van der Moolen, Nomura Securities, Standard Chartered Bank, Credit Suisse, Exane BNP Paribas, Nordea, Banca IMI, Fidelity Management and Research, Knight Securities, UBS, Citigroup, BlackRock, CIBC World Markets, ASX and Dresdner Kleinwort Wasserstein.

Orc Software has offices in Chicago, New York, Toronto, London, Stockholm, Frankfurt, Milan, Vienna, Zurich, St. Petersburg, Moscow, Hong Kong and Sydney.

www.orcsoftware.com.