Sept 9 (Reuters) - Progress Software Corp ( PRGS ):

* PROGRESS TO ACQUIRE SHAREFILE

* PROGRESS SOFTWARE CORP ( PRGS ) - TO ACQUIRE SHAREFILE FOR $875

MILLION

* PROGRESS SOFTWARE CORP ( PRGS ) - APPROVED SUSPENSION OF PROGRESS'

QUARTERLY DIVIDEND

* PROGRESS SOFTWARE CORP ( PRGS ) - SHAREFILE EXPECTED TO ADD $240M

IN

ANNUAL REVENUE TO PROGRESS

* PROGRESS SOFTWARE ( PRGS ) - ANTICIPATES REVENUE AND NON-GAAP EPS

FOR

FISCAL Q3 TO BE WITHIN OR ABOVE HIGH END OF PREVIOUSLY ISSUED

GUIDANCE GIVEN ON JUNE 25

* PROGRESS SOFTWARE CORP ( PRGS ) - SUSPENDS QUARTERLY DIVIDEND UPON

CLOSING OF SHAREFILE ACQUISITION

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