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Technology Stocks : Merant - MRNT (formerly MIFGY)

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To: Ian Burton who wrote (374)1/6/1999 3:47:00 AM
From: Ian Burton  Read Replies (1) of 461
 
RNS No 7356j
MICRO FOCUS GROUP PLC
5th January 1999

Enquiries:

Dean Genge US: 00 1 301 838 5075
Senior Vice President, Corporate Marketing

Giles Sanderson/Edward Bridges UK: 0171 831 3113
Financial Dynamics

Micro Focus Proposes Name Change to MERANT plc

Micro Focus Group Plc today announced that it proposes to change its
company name to MERANT plc. The change in name is subject to the approval
of the shareholders to the special resolution to be proposed at the
extraordinary general meeting convened for this purpose and to be held on
4 February 1999.

The merger with INTERSOLV, Inc. was the first significant step in a
strategic plan to build a new company from the existing Micro Focus base.
The plan calls for repositioning the Company well beyond its current
identification with COBOL development environments to true enterprise
application development leadership in the distributed computing
environment of the future. In order to accelerate this repositioning, the
Directors propose to change the name of the Company to MERANT plc.

Subject to approval being received, the Directors anticipate that the
company name will be changed on or before 19 February 1999.
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