Autonomy Corporation plc reports record second quarter results

August 18, 1998 - Autonomy Corporation plc (EASDAQ: AUTN), the Cambridge based software company that floated on EASDAQ in July 1998, today announced net revenues for its second quarter ended June 30, 1998 of £1.1 million (1997: £348,000), a 216% increase on the second quarter of 1997. This also represents an increase of 57% on turnover in the first quarter ended March 31, 1998 of £697,000. First half 1998 revenues were £1.8 million, representing a greater than 300% increase from the same period in 1997 (1997: £446,000) and 5% better than revenues of £1,718,000 for all 12 months of 1997.

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Note:

With the exception of historical information, the matters set forth in this news release are forward-looking statements that involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. These factors include, among others, dependence on core technology; limited operating history; fluctuations in quarterly results; dependence on new product development; rapid technological and market change; reliance on sales by others; management of growth; dependence on key personnel; rapid expansion; technology risks; volatility of stock price; growth of the Internet; financial risk management; and future growth subject to risks. These factors and other factors which could cause actual results to differ materially are also discussed in the company's filings with the United States Securities and Exchange Commission, including Autonomy's Registration Statement on Form F-1, File no. 333-11804.

For more information, please contact:

Dr Mike Lynch, Managing Director and Chief Executive Officer
Jonathan Spira, Chief Financial Officer
Dominic Johnson, Marketing Director
Autonomy Corporation plc
Tel: 001 415 243 9955

Edward Bridges
Financial Dynamics
Tel: 0171 831 3113