Lawson Software Announces First Quarter Fiscal 2009

Company provides preliminary estimates for quarterly revenue and EPS

ST. PAUL, Minn., Sept. 15, 2008 — Lawson Software (Nasdaq: LWSN) today announced it will report its fiscal first quarter financial results Thursday, Oct. 2, 2008, after the market closes. The company will host a webcast and conference call to discuss its first quarter results and future outlook at 4:30 p.m. Eastern Time (3:30 p.m. Central Time) Oct. 2, 2008.

Based on preliminary results, Lawson also reported that revenues for the first quarter ended Aug. 31, 2008, are estimated to be in the range of $190 million to $192 million. The company also estimated a first quarter GAAP net loss of $0.01 to $0.02 per share. Non-GAAP earnings are expected to be $0.04 to $0.05 per share, excluding approximately $6 million of pre-tax expenses related to the amortization of acquisition-related intangibles, amortization of purchased maintenance contracts, stock-based compensation charges and purchase accounting adjustments for acquired deferred revenue balances. These estimates of preliminary Q1 results are subject to change as the company finalizes the financial results for release on Oct. 2, 2008.

“Despite growing weakness in the economy over the past several quarters, our software contracting, revenues and earnings remained strong throughout fiscal 2008 which ended May 31, 2008. However, we have begun to see some impact from the economy with sales in our August quarter slower than expected,” said Harry Debes, Lawson president and chief executive officer. “We had strength in our healthcare and public sector verticals where we exceeded our forecasts. But sales of our M3 solutions in manufacturing-related verticals in the U.S. and Europe were lower than we forecasted. Our consulting services revenues in the U.S. and Europe were also lower than expected consistent with the license sales in those areas. While I remain confident about our business over the longer-term, we are evaluating the near-term outlook based on the softening economy and related factors. We will provide additional business and forecast updates that may be appropriate on our October 2 conference call.”

A live webcast will be available at www.lawson.com at 4:30 p.m. Eastern Time (3:30 p.m. Central Time) Oct. 2, 2008. Interested parties may also listen to the call by dialing 888-677-5721 (passcode: LWSN) and international callers should dial + 1-210-234-0000. Interested parties should access the webcast or dial into the conference call approximately 10-15 minutes before the scheduled start time.

A replay will be available approximately one hour after the webcast and conference call concludes and will remain available for one week. To access the replay, dial 866-513-9969 or +1-203-369-1996 for international callers. The webcast will also remain on www.lawson.com for approximately one week.