WAYNE, Pennsylvania and PARIS, October 1 /PRNewswire/ --

SunGard and GL TRADE today announced that SunGard had completed the
previously announced acquisition of a majority interest in GL TRADE, a global
financial software solutions company. SunGard acquired from Euronext Paris
S.A. and GL TRADE's three founders, Messrs. Pierre Gatignol, Louis-Christophe
Laurent and Frédéric Morin, together with entities controlled by them,
6,200,030 shares of GL TRADE, representing 64.51% of GL TRADE's share
capital, at a price of EUR41.70 per share. The transaction, which puts a
value of EUR400.7 million (approximately US$585.3 million) on 100% of GL
TRADE's share capital (excluding the effect of outstanding stock options), is
not expected to have a material impact on SunGard's financial results.

In accordance with the AMF General Regulation ("rÚglement général de
l'AMF"), Paris-based Oddo Corporate Finance will launch on SunGard's behalf
an all-cash tender offer under the simplified procedure ("offre publique
d'achat simplifiée") for the remainder of GL TRADE's share capital at the
same price of EUR41.70 per share. Also, during a meeting held today, GL
TRADE's Board of Directors appointed Messrs. Harold Finders, Michael Ruane
and Richard Tarbox to replace Euronext Paris S.A. and Messrs.
Louis-Christophe Laurent and Serge Harry. Pierre Gatignol will remain on the
Board as chairman.

Pierre Gatignol, executive chairman of GL TRADE, commented: "I am very
pleased that all conditions of the offer made by SunGard on July 31 have now
been met and that the transaction has come to a successful conclusion. I look
forward to working to integrate our activities within SunGard in order to
offer an enhanced set of services to our customers."

Harold Finders, division chief executive officer of SunGard's Financial
Systems business, said: "GL TRADE plays a vital role in the trading and
administration of securities globally, and the credit for that belongs to its
employees. We are very enthusiastic about working with them to pursue the
development of GL TRADE within the SunGard organization."

To finance the acquisition of GL TRADE, SunGard increased the senior
secured term loan facility under its existing senior secured credit
facilities by the amount of US$500 million and issued US$500 million of new
senior unsecured notes. SunGard intends to use the remainder of the new
financing proceeds to fund the tender offer for the remaining GL TRADE shares
and pay related fees and expenses of the acquisition, to redeem US$250
million aggregate principal amount of senior secured notes due January 15,
2009, and for general corporate purposes.

Cristóbal Conde, president and chief executive officer of SunGard, added:
"Our ability to finance the transaction in the midst of the current
uncertainties and difficulties in the financial markets is an indication of
our company's strength. As the second largest of SunGard's more than 160
acquisition transactions, GL TRADE represents a significant opportunity to
continue to grow our Financial Systems business globally."

About GL TRADE

GL TRADE delivers trading solutions that ensure its clients' success. GL
TRADE is a global financial software solutions company, operating in over 50
countries and serving 1,600 clients. GL TRADE is a leading provider of
multi-asset front to back solutions, connectivity and information services.
Headquartered in Paris and London, GL TRADE employs more than 1,400 people.
GL TRADE is listed on Euronext Paris (ISIN FR 0000072084). Visit GL TRADE at
http://www.gltrade.com.

About SunGard

With annual revenue of US$5 billion, SunGard is a global leader in
software and processing solutions for financial services, higher education
and the public sector. SunGard also helps information-dependent enterprises
of all types to ensure the continuity of their business. SunGard serves more
than 25,000 customers in more than 50 countries, including the world's 50
largest financial services companies. Visit SunGard at
http://www.sungard.com.

Trademark Information: SunGard and the SunGard logo are trademarks or
registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the
U.S. and other countries. All other trade names are trademarks or registered
trademarks of their respective holders.

For more information, contact:

    SunGard

    Press:
    France:
    Grégoire Lucas
    Image 7
    +33-1-53-70-74-94
    glucas@image7.fr

    UK:
    Paul French
    Fishburn Hedges
    +44-20-7839-4321
    paul.french@fishburn-hedges.co.uk

    U.S.:
    Carol Edwards
    Ruder Finn
    +1-212-593-5858
    edwardsc@ruderfinn.com

    Investors:
    Michael Ruane
    +1-484-582-5405
    michael.ruane@sungard.com

    Eric Erickson
    +1-484-582-5480
    eric.erickson@sungard.com

    Kris Block
    +1-484-582-5505
    kris.block@sungard.com

    GL TRADE

    Tatiana Liber
    GL TRADE Investor Relations
    +44-20-7665-6236
    comfi@gltrade.com


    Web site: http://www.sungard.com
              http://www.gltrade.com