NEW YORK; Sept. 29, 2003–Accenture (NYSE: ACN) today announced that the underwriters of its recent primary and secondary offering of 82 million Class A common shares have exercised their right to purchase an additional 12.3 million Class A common shares at a price of $21 per share pursuant to the overallotment option granted to them in connection with the offering. Accenture announced on Sept. 23, 2003, that its primary and secondary offering of 82 million Class A common shares had been priced at $21.00 per share.
Morgan Stanley was the book-runner on the offering, and co-managers included JPMorgan; Credit Suisse First Boston; UBS Investment Bank; Banc of America Securities LLC; Citigroup; Deutsche Bank Securities; Merrill Lynch & Co.; Goldman, Sachs & Co.; SG Cowen; Wachovia Securities; Lehman Brothers; Needham & Company, Inc.; SoundView Technology Group; Bear, Stearns & Co. Inc.; ABN AMRO Rothschild LLC; Cazenove; Robert W. Baird & Co.; Legg Mason Wood Walker Incorporated; Scotia Capital; and Pacific Growth Equities, LLC.
Accenture intends to use the proceeds from the exercise of this option to acquire or redeem additional Class A common shares, Accenture SCA Class I common shares and Accenture Canada Holdings Inc. exchangeable shares.
Accenture is a global management consulting, technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills, and technologies to help clients improve their performance. With more than 80,000 people in 47 countries, the company generated net revenues of US$11.6 billion for the fiscal year ended August 31, 2002. Its home page is www.accenture.com.
This news 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.