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Underwriters Exercise Option to Purchase Additional SS&C Technologies Shares

Windsor, CT – June 10, 2004 – SS&C Technologies, Inc. (NASDAQ: SSNC) today announced that the underwriters in its previously announced public offering have exercised their option to purchase an additional 675,000 shares from the Company. The purchase will be at the initial price to the public of $19.50 per share, less the underwriting discount.

The net proceeds from the sale of shares by the Company will be used for working capital and other general corporate purposes, including potential acquisitions. Goldman, Sachs & Co. is acting as the book running manager for the offering. JP Morgan, SunTrust Robinson Humphrey, Jefferies Broadview and America’s Growth Capital are acting as co-managers.

Copies of the final prospectus may be obtained from Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004, Attn: Prospectus Dept. Phone: (212) 902-1171.

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.