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STERLING SOFTWARE ANNOUNCES REDEMPTION OF 8 PERCENT CONVERTIBLE SENIOR SUBORDINATED DEBENTURES DUE 2001

 DALLAS, Feb. 2 /PRNewswire/ -- Sterling Software, Inc. (NYSE: SSW) announced today that it has elected to redeem all of its outstanding 8 percent Convertible Senior Subordinated Debentures Due 2001 ("Debentures").
 The company set Thursday, March 4, 1993 as the redemption date. All outstanding Debentures (approximately $52,633,000 in principal amount) are to be redeemed at a price equal to 103.2 percent of the principal amount. Interest on the Debentures will be paid up to, but not including, the redemption date. Interest will cease to accrue on the redemption date.
 Pursuant to the terms of the Debentures, the right to convert the Debentures called for redemption will terminate at 5 p.m., Fort Worth, Texas time, on Wednesday, Feb. 17, 993. The conversion price is $21.60 per share of common stock. Upon conversion, no adjustment for interest or dividends will be made. Debentures converted on Feb. 16, 1993 or Feb. 17, 1993 must be accompanied by a check in an amount equal to the interest payable on March 1, 1993.
 Debentures called for redemption must be surrendered for conversion or redemption to Bank One, Texas, NA or its agent, Bank of New York via U.S. mail, overnight delivery or hand delivery at the following designated locations.
 United States Mail: Overnight Delivery Service: Hand Delivery:
 Bank of New York Bank of New York Bank One, Texas, NA
 P.O. Box 11249 101 Barclay St., 12 W Corporate Trust Dept.
 Church Street Station Bond Redemption Unit West Complex
 Bond Redemption Unit Ground Floor Suite 645
 New York, NY 10286 New York, NY 10286 500 Throckmorton St.
 Fort Worth, TX 76102
 Sterling also announced today it closed the sale of $100 million principal amount of 5-3/4 percent Convertible Subordinated Debentures Due 2003 ("5-3/4 Debentures"). The underwriters of the sale have not exercised an option to purchase up to an additional $15 million to cover any over-allotments; however, they have the right to do so at any time prior to Feb. 25, 1993.
 Sterling Software, headquartered in Dallas, specializes in EDI and systems software products and services, and technical professional services to the federal government.
 -0- 2/2/93
 /CONTACT: Anne Vahala, director-investor relations of Sterling Software, Inc., 214-891-8600/
 (SSW)


CO: Sterling Software, Inc. ST: Texas IN: CPR SU:

SH -- NY073 -- 1948 02/02/93 13:49 EST
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Date:Feb 2, 1993
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