Holding(s) in Company

RNS Number:9442S
Sage Group PLC
05 December 2003

The Sage Group plc (the "Company")

DISCLOSURE OF INTEREST IN SHARES

The Company received notification on 4 December 2003 that Deutsche Bank AG and
its subsidiary companies have a notifiable interest in 138,376,060 Ordinary
shares of 1p each in the Company, representing 10.82% of the total shares in
issue.

                                                                                         
Held as Principal                          No. of Shares  
Deutsche Bank AG London                    5,978,552      

Held in Customer Portfolios                               
Morgan Nominees                            14,194,963     
Morgan Nominees CHY                        248,796        
Morgan Nominees SL                         149,926        
Bank of New York Nominees                  6,224,849      
Bank of New York Nominees VC               61,488         
BT Globenet Nominees Ltd                   348,112        
Channel Nominees                           31,564         
Chase Nominees                             29,003,796     
Clydesdale Bank Custodian Nominees         117,270        
Deutsche Asset Management GmbH             85,620         
Deutsche Bank Trust Company Americas       111,851        
Deutsche Bank International Limited        464,761        
Deutsche Bank Japan Ltd                    398,270        
Deutsche Securities Ltd Tokyo              26,200         
Deutsche Investment Management Americas    29,135         
Deutsche Investment Management Schweiz     719,000        
DWS Investments GmbH                       4,531,351      
Gestion Privee Worms                       120,000        
HSBC Global Custody Nominees               2,490,046      
Lloyds Bank Nominees                       12,616         
Lothian Regional Council                   1,936,260      
Master Trust Bank of Japan                 1,880          
National Provincial                        5,070          
Nortrust Nominees Ltd                      12,311,655     
State Street Nominees                      58,328,251     
Tokyo Trust                                141,832        
Vidacos Nominees                           302,946        
                                           138,376,060    


Note: The shares comprised under this notification may, from time to time, be
the subject of a stock lending agreement resulting in a change of registration
but not in DBAG's interest in the shares.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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