Financial Astrology of BMC Software Inc.

FINANCIAL ASTROLOGY

First Trade Date for BMC Software Inc.

Company Name	First Trade Date (yyyy-mm-dd)
BMC Software Inc.	2001-03-13

Company Name	Symbol
BMC Software Inc.	BMC
History and Business of Company (this information may include date of incorporation)
BMC Software is one of the world's largest independent systems software vendors, delivering comprehensive enterprise management. Delivering Business Service Management, we provide software solutions that empower companies to manage their information technology (IT) infrastructure from a business perspective. Our extensive portfolio of software solutions spans enterprise systems, applications, databases and service management. We were organized as a Texas corporation in 1980 and were reincorporated in Delaware in July 1988. On November 20, 2002, we acquired the assets and assumed certain liabilities of Remedy(R). On March 20, 2003, we acquired all the outstanding shares of IT Masters International S.A. (IT Masters). Our principal corporate offices are located at 2101 CityWest Boulevard, Houston, Texas 77042-2827. Our telephone number is (713) 918-8800, and our primary internet address is http://www.bmc.com. We file annual, quarterly and current reports, proxy statements and other information with the Securities and Exchange Commission (SEC). These filings and all related amendments are available free of charge at our website at http://www.bmc.com/investors/sec_filings.html. Beginning with this Annual Report, we will post all of our SEC documents to our website as soon as reasonably practicable after such material is electronically filed with, or furnished to, the SEC. In April 2003, we introduced a new strategic direction focused on Business Service Management (BSM), the direct linkage of IT resources, management and solutions with the goals of the overall business. The objective of our BSM strategy is to enable companies to move beyond traditional IT management and manage their business-critical services from both an IT and business perspective. The intent of the BSM strategy is to provide solutions that will enable customers to link their IT resources tightly to business objectives and manage these resources based on business priorities by providing a "whole view" of their business and IT operations. Three important components of BSM are: 1) IT Operations and Infrastructure Management, 2) IT Service and Applications Management and 3) Service Impact Management. Our long-standing heritage of providing enterprise management solutions for data, infrastructure, application, performance and service management are key to the IT Operations and Infrastructure Management component of the BSM strategy. We provide our customers with the ability to monitor and control the key components in their IT infrastructure, including systems, databases, applications, storage and networks, enabling them to tie service-level agreements to business needs, rather than technology metrics. We added an important element to our portfolio when we completed our acquisition of Remedy in November 2002. Integration of Remedy's industry-leading service desk, change management and asset management capabilities with our broad application and component management solutions enables us to deliver end-to-end, closed-loop service management to customers. Together, these solutions build a solid foundation for the IT Service and Applications Management component of the BSM strategy by offering both the delivery and support components of service management designed to be proactive, effective and focused on customer business requirements. An important component of BSM is to directly link business services to the underlying technology. The acquisition of IT Masters in March 2003 enables us to deliver the Service Impact Management component of the BSM strategy and enhances our competitive position in the service management market. IT Masters' MasterCell(R) technology, renamed PATROL(R) for Service Impact Management, combines powerful event automation and service modeling capabilities to transform availability and performance data into detailed knowledge about the status of business services and service level agreements. Our comprehensive enterprise and service management solutions, combined with PATROL for Service Impact Management's IT service modeling and management capabilities, enable customers to manage their business using a truly integrated service impact management approach. Although we believe that we have the most complete BSM offering in the market today, our BSM strategy will continue to evolve over the next several years. In addition to adding new solutions that support this strategy, we expect that we will continue to expand partnerships to deliver on the BSM strategy.

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