Roxanne Taylor
New York
+1 (917) 452 5106

May 04, 2004
Underwriters Exercise 7.5 Million Share Overallotment Option in Accenture Primary and Secondary Offering

NEW YORK; May 4, 2004 – Accenture (NYSE: ACN) today announced that the underwriters of its recent primary and secondary offering of 50 million Class A common shares have exercised their right to purchase an additional 7.5 million Class A common shares pursuant to the overallotment option granted to them in connection with the offering. Accenture announced on April 28, 2004, that its primary and secondary offering of 50 million Class A common shares had been priced at $23.50 per share.

Morgan Stanley, UBS Investment Bank and JPMorgan were the joint book-runners on the offering, and co-managers included Credit Suisse First Boston; Goldman, Sachs & Co.; Merrill Lynch & Co.; Citigroup; SG Cowen & Co.; Banc of America Securities LLC; Wachovia Securities; Bear, Stearns & Co. Inc.; Needham & Company, Inc.; Legg Mason Wood Walker Incorporated; ABN AMRO Rothschild LLC; Robert W. Baird & Co.; and Scotia Capital.

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.

About Accenture
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 approximately 90,000 people in 48 countries, the company generated net revenues of US$11.8 billion for the fiscal year ended Aug. 31, 2003. 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.

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