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BMC Software, Inc.

BMC Software Announces Award Winners for Exceptional Achievements in Enterprise Management
Capital One, UBS AG, Macquarie Bank, National Australia Bank and Stadtwerke Munchen GmbH Named as Winners of the BMC Software Excellence Awards

HOUSTON - (Dec. 9, 2002) - BMC Software, Inc. [NYSE: BMC], a leader in enterprise management, today announced the winners of its BMC Software Excellence Awards. This year's winners include Capital One, UBS AG, Macquarie Bank, National Australia Bank and Stadtwerke Munchen GmbH. The winners were selected because of their exceptional achievements in enterprise management using BMC Software solutions.

"These five winners demonstrate the remarkable success our customers are achieving using BMC solutions to manage critical business services and we applaud them for their achievements," said Darroll Buytenhuys, senior vice president, Worldwide Sales and Marketing, BMC Software. "These customers' innovative implementations demonstrate how BMC solutions deliver significant value through reduced costs, enhanced service and improved overall business value."

Industry experts Rick Ptak of Ptak & Associates, John McConnell of McConnell Associates and BMC Software representatives served as judges for the event and were responsible for reviewing all entries and selecting this year's winners of the BMC Software Excellence Awards. Entrants were judged based on critical success factors such as how they tied their BMC Software solutions to their business objectives, the implementation strategies used, and results and achievements realized to date.

The Excellence Award winners were honored at an exclusive ceremony on December 4 at the BMC Software headquarters in Houston, Texas. In addition to attending the Winner's Circle dinner hosted by BMC Software President and Chief Executive Officer, Bob Beauchamp, each of the companies had an opportunity to present its best practices to fellow peers and key BMC Software executives while in Houston.

About this Year's Winners

Capital One Financial Corporation
Headquartered in Falls Church, Virginia, Capital One Financial Corporation is a holding company whose principal subsidiaries, Capital One Bank and Capital One, F.S.B., offer consumer lending products. Capital One's subsidiaries are among the largest providers of MasterCard and Visa credit cards in the world. Capital One is one of the top 10 bank card issuers in the United States.

UBS AG
Headquartered in Switzerland, UBS AG is one of the worlds leading financial firms. With operations in over 50 countries and in all major international financial centers, UBS AG is the world's leading provider of private banking services and one of the largest asset managers globally. UBS AG employs more than 70,000 people worldwide.

Macquarie Bank
Macquarie Bank is an Australian based, yet globally focused, investment bank. Macquarie Bank operates in a range of investment banking, commercial banking and selected retail financial services markets both in Australia and overseas. It is the only substantial, majority Australian owned investment bank and is a licensed trading bank under the Australian Banking Act 1959 (Cth).

National Australia Bank
National Australia Bank Limited is an international financial services group, providing financial products and services across four continents and 15 countries. It is ranked the largest financial services institution, by market capitalization, in Australia and was listed in the July 2001 edition of the Fortune 500 as the 20th largest financial services company in the world by profitability.

Stadtwerke Munchen GmbH
Stadtwerke Munchen GmbH is the largest public utility vendor in Germany. Its products and services include electricity, water, natural gas, and district heating, as well as operation of city swimming pools and management of public transportation means such as subways, streetcars, and buses.

About BMC Software
BMC Software, Inc. [NYSE:BMC], is a leader in enterprise management. The company focuses on Assuring Business Availability® for its customers by helping them proactively improve service, reduce costs and increase value to their business. BMC Software solutions span enterprise systems, applications and databases. Founded in 1980, BMC Software has offices worldwide and is a member of the S&P 500, with fiscal year 2002 revenues of approximately $1.3 billion. Visit www.bmc.com to learn more.

Public Relations Contacts:
Julie Akstin-Dearing
BMC Software, Inc.
713-918-1434
[email protected]


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