BMC Software Responds to Elliott; Says Pursuing a Sale No in the Interests of Shareholders

BMC Software, Inc.

today issued the following statement in response to the press release issued by Elliott Associates, L.P. and Elliott International, L.P: While the Company always is open to alternatives that fully reflect the value and prospects of the Company, the Board of Directors has determined that forming a special committee and pursuing a sale at this time is not in the best interests of stockholders. The Company has a highly qualified and independent Board that is committed to stockholder value.