Notice of Extraordinary General Meeting to approve the Misys Transformation Incentive Plan

Misys plc (the “Company”) announces that today (9 March 2007) it is posting a circular to shareholders (the “Circular”) containing notice of an Extraordinary General Meeting (“EGM”) to be held on Thursday 29 March 2007 to approve the Misys Transformation Incentive Plan (the “Plan”). The purpose of the Plan is to retain and incentivise the new executive team and senior managers at Misys.

Following the appointment of Mike Lawrie as Chief Executive on 1 November 2006, the Company is driving a turnaround strategy to improve the performance of the business and returns to shareholders. The Company has identified a leadership team of around 12 senior executives, most of whom are newly recruited, and a senior management group of a further 50, that the Board believes will play a critical role in the delivery of this strategy and the success of Misys.

The key features of the Transformation Incentive Plan include:

• The alignment of the incentive arrangements for participants with that of the Chief Executive, with the senior executives investing up to 50% of their gross salary in Misys shares
• No shares vest under the incentive arrangements unless  stretching share price growth targets have been met
• The Plan is a one-off arrangement that replaces the grants of share options and long-term incentive plan awards that senior executives and senior managers could have participated in until the financial year beginning 1 June 2008

The Company has today submitted to the UK Listing Authority copies of the Circular and the Form of Proxy relating to the EGM.   Those documents will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility which is situated at the Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.

The Circular will shortly be available on the Misys plc website www.misys.com