Decision - DGAP-WpÜG: Takeover Offer;

Publication of the Decision to Make a Takeover Offer pursuant to Section 10 para. 1 in conjunction with Sections 29 and 34 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz (WpÜG))

Dissemination of an announcement according to the German Securities Acquisition and Takeover Act (WpÜG), transmitted by DGAP - a company of EquityStory AG. The bidder is solely responsible for the content of this announcement.

Publication of the Decision to Make a Takeover Offer pursuant to Section 10 para. 1 in conjunction with Sections 29 and 34 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz (WpÜG))

dgapClass">Bidder: Argon GmbH & Co. KG c/o Carlyle Beratungs GmbH Promenadeplatz 8 80333 Munich Germany

registered with the Commercial Register of the Lower Court of Munich under HRA 93840

Contact person (press): Katharina Gebsattel Phone: +49 172 718 6857 Email: katharina.gebsattel@vub.de

Target: P&I Personal & Informatik Aktiengesellschaft Kreuzberger Ring 56 65205 Wiesbaden Germany http://www.pi-ag.com

registered with the Commercial Register of the Lower Court of Wiesbaden under HRB 9110 ISIN: DE0006913403 (WKN: 691340) Listed (shares): Regulated Market (Regulierter Markt) of the Frankfurt Stock Exchange (Prime Standard), as well as the regulated unofficial market (Freiverkehr) of the stock exchanges of Berlin, Düsseldorf, Hamburg und Stuttgart The offer document and further information regarding the offer will be published on the Internet at:

http://www.argonverwaltung.com

Information by the Bidder: Argon GmbH & Co. KG ('Bidder') decided today to offer to the shareholders of P&I Personal und Informatik Aktiengesellschaft by way of a voluntary public takeover offer to acquire their no-par value bearer shares in P&I Personal & Informatik Aktiengesellschaft. The Bidder is a company that is indirectly controlled by the fund Carlyle Europe Technology Partners II, L.P.

Subject to the other provisions of the offer document, the Bidder intends to offer the shareholders of P&I Personal & Informatik Aktiengesellschaft a cash consideration in the amount of the statutory minimum price as determined by the German Federal Financial Supervisory Authority pursuant to Section 31 para. 1 WpÜG in conjunction with Sections 3 to 5 of the applicable Offer Regulation (WpÜG-Angebotsverordnung) ('Takeover Offer'). The Takeover Offer will presumably be subject to approval of the competent cartel authorities only.

The Bidder reserves the right, as far as legally permissible, to deviate in the final terms and conditions of the Takeover Offer from the basic information described herein.

Important Information: This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares of P&I Personal & Informatik Aktiengesellschaft. The offer to purchase shares in P&I Personal & Informatik Aktiengesellschaft will only be made by the publication of the offer document and solely on the basis of the provisions contained therein. Investors and shareholders of P&I Personal & Informatik Aktiengesellschaft are strongly advised to read the offer document and all other relevant documents regarding the Takeover Offer as soon as they are published, since they will contain important information.

Munich, February 12, 2010 Argon GmbH & Co. KG

End of WpÜG announcement(c)DGAP 12.02.2010 Listed: Regulierter Markt Frankfurt (Prime Standard); Freiverkehr Berlin, Düsseldorf, Hamburg, Stuttgart