ADDING and REPLACING Lawson Software Reaffirms Prior Guidance for
Revenue and Non-GAAP EPS Results for the Fourth Quarter of Fiscal 2010
and Updates GAAP EPS Guidance for Planned Restructuring Charge

Regulatory News:

Add to include discussion of non-GAAP presentation after last graph
(forward-looking statements) of release dated May 27, 2010:

The corrected release reads:


Lawson Software, Inc. (Nasdaq:LWSN) today reaffirmed its prior guidance
for total revenues and non-GAAP EPS provided on April 7, 2010 for its
fourth fiscal quarter, ending May 31, 2010 and updated GAAP EPS guidance
for a planned restructuring charge.

For the fourth quarter of fiscal 2010, Lawson estimates total revenues
in the range of $194 million to $198 million. Non-GAAP total revenues
are expected to be in the range of $196 million to $200 million,
including approximately $2 million of revenues impacted by purchase
accounting adjustments. Non-GAAP EPS is forecasted to be in the range of
$0.10 to $0.12, excluding approximately $10 million of pre-tax
adjustments for amortization expense, non-cash stock-based compensation
expense, non-cash interest expense and a one-time gain related to the
modification of a defined benefit pension plan and also excluding the
impact of the restructuring charge discussed below. The non-GAAP
effective tax rate for the fourth quarter is estimated at 37 percent.
Guidance for the fourth fiscal quarter is updated to include an
estimated impact of foreign exchange rates through May 16.

Lawson anticipates taking a pre-tax restructuring charge in the range of
$5 to $7 million relating to a plan to restructure its workforce
primarily in the company's M3 operations in Europe, the United States
and Manila. The majority of the restructuring charge is anticipated to
be recorded in the fiscal fourth quarter, which will impact GAAP EPS.
The company anticipates recording the remaining charges in the first
quarter of its fiscal year 2011 in the period ending Aug. 31, 2010.

As part of the Company's strategic planning and fiscal year 2011
budgeting process during its fourth quarter, management determined the
need to consolidate and reduce positions in its M3 operations overall.
This action and the timing of this action have been planned since early
May and is not a reaction to any recent shareholder events.

The exact number of positions in each country to be impacted has not
been fully identified at this time, preventing Lawson from calculating
the tax effect and EPS impact of the restructuring. However, Lawson
expects the workforce reduction will impact 150 to 200 positions, or
less than 5 percent of the company's employees. Lawson also plans to
continue to invest in its strategic S3 and M3 growth verticals and
expects planned personnel increases in these areas to approximately
offset the workforce reduction by May 31, 2011.

About Lawson Software

Lawson Software provides software and service solutions to 4,500
customers in equipment service management and rental, fashion, food &
beverage, healthcare, manufacturing & distribution, public sector
(United States), service industries, and strategic human capital
management across 40 countries. Lawson Software is a global provider of
enterprise software, services and support to customers primarily in
three sectors: services, trade and manufacturing/distribution. Lawson's
solutions include Enterprise Performance Management, Human Capital
Management, Supply Chain Management, Enterprise Resource Planning,
Customer Relationship Management, Manufacturing Resource Planning,
Enterprise Asset Management and industry-tailored applications. Lawson
solutions assist customers in simplifying their businesses or
organizations by helping them streamline processes, reduce costs and
enhance business or operational performance. Lawson is headquartered in
St. Paul, Minn., and has offices around the world. Visit Lawson online
at (
dex=1&md5=5f006104befcb425676f7f609e29a5d5). For Lawson's listing on the
Third North exchange in Sweden, Remium AB is acting as the Certified

Forward-Looking Statements

This press release contains forward-looking statements about Lawson's
expectations for the fourth quarter of fiscal 2010 which are inherently
uncertain, including statement describing Lawson's anticipated revenues,
non-GAAP EPS, and GAAP EPS for the fourth quarter of fiscal 2010 and the
estimated amount of the restructuring charge and annualized cost
savings. As with other software companies, a substantial portion of
Lawson's sales occur in the final weeks of the fiscal quarter, making
any statement regarding expectations for the quarter subject to a high
level of uncertainty and risk. These forward-looking statements contain
statements of intent, belief or current expectations of Lawson Software
and its management. Such forward-looking statements are not guarantees
of future results and involve risks and uncertainties that may cause
actual results to differ materially from the potential results discussed
in the forward-looking statements. The company is not obligated to
update forward-looking statements based on circumstances or events that
occur in the future. Risks and uncertainties that may cause such
differences include but are not limited to: adverse market or economic
events that may cause customers and prospects to delay or cancel plans
to purchase our products or services in the quarter; actions of
competitors that may alter anticipated sales to potential customers;
adverse business developments at our potential customers that defer or
eliminate their ability to purchase our products and services;
uncertainties regarding the ability of the company to accomplish the
restructuring within the anticipated costs and to achieve the
anticipated annual cost savings due to the restructuring; general
uncertainties in software demand; uncertainties as to when and whether
the conditions for the recognition of revenue on new license agreements
in the quarter and deferred revenue will be satisfied; increased
competition; general economic conditions; the potential adverse impact
of foreign currency exchange rate fluctuations; continuation of the
global economic weakness, particularly in Europe; continuation of
restricted credit availability and potential adverse developments in the
sovereign debt market; the outcome of pending and threatened litigation;
global military conflicts; terrorist attacks; pandemics, and any future
events in response to these developments; changes in conditions in the
company's targeted industries and other risk factors listed in the
company's most recent Quarterly Report on Form 10-Q and Annual Report on
Form 10-K filed with the Securities and Exchange Commission. Lawson
assumes no obligation to update any forward-looking information
contained in this press release.

Use of Non-GAAP Financial Information

In addition to reporting financial results in accordance with generally
accepted accounting principles, or GAAP, Lawson Software reports
non-GAAP financial results including non-GAAP net income (loss) and
non-GAAP net income (loss) per share. We believe that these non-GAAP
measures provide meaningful insight into our operating performance and
an alternative perspective of our results of operations. Our primary
non-GAAP adjustments are described in detail below. We use these
non-GAAP measures to assess our operating performance, to develop
budgets, to serve as a measurement for incentive compensation awards and
to manage expenditures. Presentation of these non-GAAP measures allows
investors to review our results of operations from the same perspective
as management and our Board of Directors. Lawson has historically
reported similar non-GAAP financial measures to provide investors an
enhanced understanding of our operations, facilitate investors' analysis
and comparisons of our current and past results of operations and
provide insight into the prospects of our future performance. We also
believe that the non-GAAP measures are useful to investors because they
provide supplemental information that research analysts frequently use
to analyze software companies including those that have recently made
significant acquisitions.

The method we use to produce non-GAAP results is not in accordance with
GAAP and may differ from the methods used by other companies. These
non-GAAP results should not be regarded as a substitute for
corresponding GAAP measures but instead should be utilized as a
supplemental measure of operating performance in evaluating our
business. Non-GAAP measures do have limitations in that they do not
reflect certain items that may have a material impact upon our reported
financial results. As such, these non-GAAP measures should be viewed in
conjunction with both our financial statements prepared in accordance
with GAAP and the reconciliation of the supplemental non-GAAP financial
measures to the comparable GAAP results provided for each period
presented, which are attached to this release.

Our primary non-GAAP reconciling items are as follows:

Purchase accounting impact on revenue - Lawson's non-GAAP financial
results include pro forma adjustments for deferred maintenance and
consulting revenues that we would have recognized under GAAP but for the
related purchase accounting. The deferred revenue for maintenance and
consulting on the acquired entity's balance sheet, at the time of the
acquisition, was eliminated from GAAP results as part of the purchase
accounting for the acquisition. As a result, our GAAP results do not, in
management's view, reflect all of our maintenance and consulting
activity. We believe the inclusion of the pro forma revenue adjustment
provides investors a helpful alternative view of Lawson's maintenance
and consulting operations.

Amortization of purchased maintenance contracts - We have excluded
amortization of purchased maintenance contracts from our non-GAAP
results. The purchase price related to these contracts is being
amortized based upon the proportion of future cash flows estimated to be
generated each period over the estimated useful lives of the contracts.
We believe that the exclusion of the amortization expense related to the
purchased maintenance contracts provides investors an enhanced
understanding of our results of operations.

Stock-based compensation - Expense related to stock-based compensation
has been excluded from our non-GAAP results of operations. These charges
consist of the estimated fair value of share-based awards including
stock option, restricted stock, restricted stock units and share
purchases under our employee stock purchase plan. While the charges for
stock-based compensation are of a recurring nature, as we grant
stock-based awards to attract and retain quality employees and as an
incentive to help achieve financial and other corporate goals, we
exclude them from our results of operation in assessing our operating
performance. These charges are typically non-cash and are often the
result of complex calculations using an option pricing model that
estimates stock-based awards' fair value based on factors such as
volatility and risk-free interest rates that are beyond our control. The
expense related to stock-based awards is generally not controllable in
the short-term and can vary significantly based on the timing, size and
nature of awards granted. As such, we do not include such charges in our
operating plans. In addition, we believe the exclusion of these charges
facilitates comparisons of our operating results with those of our
competitors who may have different policies regarding the use of
stock-based awards.

Transaction and integration expenses - We have incurred various
transaction and integration related expenses as part of our
acquisitions. These transaction costs and costs of integrating the
operations of acquired businesses and Lawson are incremental to our
historical costs and were charged to GAAP results of operations in the
periods incurred. We do not consider these costs in our assessment of
our operating performance. While these costs are not recurring with
respect to our past acquisitions, we may incur similar costs in the
future if we pursue other acquisitions. We believe that the exclusion of
the non-recurring acquisition related transaction and integration costs
provide investors an appropriate alternative view of our results of
operations and facilitates comparisons of our results

Pre-merger claims reserve adjustment - We have excluded the adjustment
to our pre-merger claims reserve from our non-GAAP results. As part of
the purchase accounting relating to the Intentia transaction, we
established a reserve for Intentia customer claims and disputes that
arose before the acquisition which were originally recorded to goodwill.
As we are outside the period in which adjustments to such purchase
accounting is allowed, adjustments to the reserve are recorded in our
general and administrative expenses under GAAP. We do not consider the
adjustments to this reserve established under purchase accounting in our
assessment of our operating performance. Further, since the original
reserve was established in purchase accounting, the original charge was
not reflected in our operating statement. We believe that the exclusion
of the pre-merger claims reserve adjustment provides investors an
appropriate alternative view of our results of operations and
facilitates comparisons of our results period-over-period.

Restructuring - We have recorded various restructuring charges related
to actions taken to reduce our cost structure to enhance operating
effectiveness and improve profitability and to eliminate certain
redundancies in connection with acquisitions. These restructuring
activities impacted different functional areas of our operations in
different locations and were undertaken to meet specific business
objectives in light of the facts and circumstances at the time of each
restructuring event. These charges include costs related to severance
and other termination benefits as well as costs to exit leased
facilities. These restructuring charges are excluded from management's
assessment of our operating performance. We believe that the exclusion
of the non-recurring restructuring charges provide investors an enhanced
view of the cost structure of our operations and facilitates comparisons
with the results of other periods that may not reflect such charges or
may reflect different levels of such charges.

Amortization - We have excluded amortization of acquisition-related
intangible assets including purchased technology, client lists, customer
relationships, trademarks, order backlog and non-compete agreements from
our non-GAAP results. The fair value of the intangible assets, which was
allocated to these assets through purchase accounting, is amortized
using accelerated or straight-line methods which approximate the
proportion of future cash flows estimated to be generated each period
over the estimated useful lives of the applicable assets. While these
non-cash amortization charges are recurring in nature and the underlying
assets benefit our operations, this amortization expense can fluctuate
significantly based on the nature, timing and size of our past
acquisitions and may be affected by any future acquisitions. This makes
comparisons of our current and historic operating performance difficult.
Therefore, we exclude such accounting expenses when analyzing the
results of all our operations including those of acquired entities. We
believe that the exclusion of the amortization expense of
acquisition-related intangible assets provides investors useful
information facilitating comparison of our results period-over-period
and with other companies in the software industry as they each have
their own acquisition histories and related adjustments.

Incremental non-cash interest related to convertible debt - We have
excluded the incremental non-cash interest expense related to our $240.0
million in 2.5% senior convertible notes that we are required to
recognize under accounting guidance for convertible debt securities from
our non-GAAP results of operations for all periods presented, including
a retrospective restatement of GAAP results upon our adoption of
accounting guidance for convertible debt securities on June 1, 2009.
This accounting guidance requires us to recognize significant additional
non-cash interest expense based on the market rate for similar debt
instruments that do not contain a comparable conversion feature. We have
allocated a portion of the proceeds from the issuance of the senior
notes to the embedded conversion feature resulting in a discount on our
senior notes. The debt discount is being amortized as additional
non-cash interest expense over the term of the notes using the effective
interest method. These non-cash interest charges are not included in our
operating plans and are not included in management's assessment of our
operating performance. We believe that the exclusion of the non-cash
interest charges provides a useful alternative for investors to evaluate
the cost structure of our operations in a manner consistent with our
internal evaluation of our cost structure.

Lawson Software
Joe Thornton, +1-651-767-6154 (
Investors and Analysts:
Barbara Doyle, +1-651-767-4385 (