AISoftw@re: amendment of Brainspark's shares, the offer declared unconditional in all respects

Milan, 6th February 2002. On 5 February 2002 Beaumont Cornish announced that the Offer had been declared unconditional in all respects.

As at 3.00 pm on 4 February 2002, Beaumont Cornish had received valid acceptances of the Offer in respect of 55,011,104 Brainspark Shares, representing approximately 44.63 per cent. of the issued share capital of Brainspark.
Included in these acceptances are those received pursuant to irrevocable undertakings to accept the Offer from certain directors of Brainspark and certain other Brainspark Shareholders in respect of 52,332,280 Brainspark Shares, representing approximately 42.45 per cent. of the issued share capital of Brainspark.
In addition, AISoftw@re owns and controls 7,200,000 Brainspark Shares representing approximately 5.84 per cent. of Brainspark issued share capital. Accordingly, AISoftw@re either owns or has received valid acceptances in respect of 62,211,104 Brainspark Shares representing 50.47 per cent. of the issued share capital of Brainspark.

The above amends the acceptance figures previously announced.
Terms defined in the Offer Document, dated 25 January 2002, have the same meaning in this announcement save where the context requires otherwise.

Additional information about the new responsible positions in Branispark's Board of Directors:
Mr Gardin (aged 47) is also a director of AISoftw@re SpA, Sant Vicente Group Inc., Knowledge Stones SpA., AISoftw@re Medical Solutions SpA, AISoftw@re Professional Services SpA, Ludonet SpA., Infusion S.p.A., Geosim Systems Ltd., ACS S.p.A., ODX s.r.l. and SICI Sas di F. Gardin. He has also been a director of Labornet Sistemi S.p.A., Farm Multimedia s.r.l., SIA s.r.l., Advanced Computing Sys. s.r.l. and A.R.S s.r.l. in the last five years. Mr Gardin has confirmed that there is no further information required to be disclosed under Schedule 2(f) of the AIM Rules.

Mr Agosta (aged 57) is also a director of AISoftw@re S.p.A, Mindmotion S.p.A., San Vicente Group Inc., Knowledge Stones SpA., Labornet Sistemi S.p.A., AISoftw@re Solutions & Technologies SpA, Ludonet SpA., Farm Multimedia Srl, AISoftw@re Professional Services SpA. and Infusion SpA. He has also been a director of Legal Technology s.r.l. and Network Services s.r.l. in the last five years. Mr Agosta has confirmed that there is no further information required to be disclosed under Schedule 2(f) of the AIM Rules.

Mr Meacher (aged 38) is also a director of Stock Academy Limited. He has also been a director of Robert Fleming & Co. Limited and SchroderSalomonSmithBarney in the last five years. Mr Meacher has confirmed that there is no further information required to be disclosed under Schedule 2(f) of the AIM Rules.

AISoftware
AISoftw@re was founded in 1983 and with consolidated Group sales for the year ended 31 December 2000 of 23,727,743 Euros, specializes in the development of technologically advanced software products for decision-support, knowledge-processing, data-mining and internet and intranet solutions. Its proprietary products target the financial and healthcare industries. AISoftw@re's solutions hold a leading position in these dynamic vertical markets in Europe. AISoftw@re has been listed in Nasdaq Europe (AISW) since November 1999 and on the Italian Nuovo Mercato (AISW) since August 2000. The company is pursuing a program of growth based on international expansion, aggressive recruitment, acquisitions and equity investments in software companies working in the area of internet applications development.

For further information:
Dott. Marco Mancini
Phone +39 02 28014.1
Fax +39 02 2610853
E-Mail: mmancini@ais.it