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Manhattan Associates, Inc.
2300 Windy Ridge Parkway, Suite 700, Atlanta, GA 30339 * (770) 955-7070

The company provides information technology solutions for distribution centers that are designed to enable the efficient movement of goods through the supply chain.

Primary Underwriting Group
ManagerTierPhone
Deutsche Morgan GrenfellLead Manager (212) 469-5600
Hambrecht & Quist IncorporatedCo-manager (415) 439-3626
SoundView Financial Group, Inc.Co-manager (203) 462-7242

Offering Information
NASNTL:MANH High-Tech: SIC 7372
Type of Shares:Common Shares Filing Date:2/27/98
U.S. Shares:3,500,000 Offer Date:4/23/98
Non-U.S. Shares:0 Filing Range:$13.00 - $15.00
Primary Shares:3,500,000 Offer Price:$15.00
Secondary Shares:0 Gross Spread:$1.05
Offering Amount: $49,000,000 Selling:$0.60
Expenses:$1,200,000 Reallowance:$0.10
Post-IPO Shares:23,206,674
Employees:207

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Morris, Manning & Martin
Bank's Law Firm: Testa, Hurwitz & Thibeault
Registrar/Transfer Agent: Chemical Bank
Auditor: Arthur Andersen

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 12/31/97
Revenue:$32.46Assets:$15.01
Net Income:$5.31Curr Assets:$12.82
EPS:$0.25Liabilities:$6.55
Prior EPS:$0.12Curr Liab:$6.55
Cash Flow/Oper:$6.95Equity:$8.45
Cash Flow/Fin:-$5.14Cash:$3.19
Cash Flow/Inv:-$1.81Working Cap:$6.27

Use of Proceeds
The proceeds from the proposed offering will be used to repay a proposed line of credit to be entered into by the company, fund new product development, finance potential future acquisitions and provide for general corporate purposes.

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