NEW YORK; May 9, 2002 – Accenture Ltd (NYSE: ACN) has filed an amended registration statement with the Securities and Exchange Commission relating to the proposed Primary and Secondary public offering of approximately 98.5 million of its Class A common shares. Accenture will offer approximately 62.4 million newly issued shares, and certain partners and former partners of Accenture will offer approximately 36.1 million shares.
Accenture intends to use the proceeds from the sale of shares in the primary offering to redeem partner shares following the offering. Accenture does not intend to retain any proceeds raised through the primary offering, and the primary offering is not intended to increase the number of fully diluted shares outstanding.
Accenture is the world’s leading management consulting and technology services organization. Through its network of businesses approach – in which the company enhances its consulting and outsourcing expertise through alliances, affiliated companies and other capabilities – Accenture delivers innovations that help clients across all industries quickly realize their visions. With more than 75,000 people in 47 countries, the company generated net revenues of $11.44 billion for the fiscal year ended August 31, 2001. Its home page is www.accenture.com.
This press release contains forward-looking statements, the accuracy of which is necessarily subject to risks and uncertainties. For discussion of factors that could cause actual results to differ materially from those expressed or implied see our most recent annual report on Form 10-K filed with the Securities and Exchange Commission.
A registration statement relating to the offering has been filed with the Securities and Exchange Commission but has not yet become effective. The shares may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the shares in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A copy of the prospectus may be obtained at the SEC’s website at www.sec.gov.
This announcement appears as a matter of record only and should not be taken as an inducement or solicitation to subscribe for any shares.