Mattersight Announces Commencement of Tender Offer to Purchase up to 111,605 Shares of Its Series B Preferred Stock

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Mattersight Corporation(NASDAQ: MATR) today announced that it has commenced a tender offerto purchase up to 111,605 shares of its 7% Series B ConvertiblePreferred Stock ("Series B Preferred Stock") at a purchase price of$8.60 per share, plus accrued and unpaid dividends. The 111,605shares of Series B Preferred Stock represent 6.68% of the outstandingshares of Series B Preferred Stock. The tender offer will expire at5:00 p.m., Chicago time, on Friday, April 13, 2012, unless extendedby Mattersight.

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