Update on the Tedaka Technologies Transaction 1 ANSYS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/001222/06) JSE Share code: ANS & ISIN: ZAE00097028 ("Ansys" or "the Company") UPDATE ON THE TEDAKA TECHNOLOGIES ACQUISITION 1. THE ACQUISITION Shareholders are referred to the announcements released on SENS on 22 May 2013 and 3 September 2013. Capitalised terms used and not otherwise herein defined, shall have the meanings ascribed thereto in the Previous Announcements. Shareholders are advised that an addendum to the legal agreement entered into between the parties dated 30 August 2013 was signed on 28 October 2013, which amended the transaction inter alia as follows: The maximum purchase consideration payable by way of Ansys shares shall be limited to R25 944 000 by way of the issue and allotment of a maximum of 129 720 000 Ansys ordinary shares at 20 cents a share. Loan claims in Tedaka Technologies by Tedaka Investments of R7 900 0000, will be re-paid by Tedaka Technologies. Interest on the loan claims shall accrue calculated at the prime overdraft rate, compounded monthly in arrears, which interest shall be repaid on the on or before the first day of October 2016, unless the parties shall have agreed to the contrary in a signed written document. 2. SHAREHOLDERS CIRCULAR A circular containing full details of the acquisition will be distributed to shareholders by the middle of November 2013. Designated Adviser Exchange Sponsors Johannesburg 29 October 2013 Date: 29/10/2013 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.