Baan Company Promotes Mary Coleman to CEO / Company

Names Management Board Nominees BARNEVELD, The Netherlands and RESTON, Va. (PROTEXT) - BaanCompany N.V. (ASE: BAAN; Nasdaq: BAANF) announced today that MaryColeman, current Baan President, will become CEO of the Companyeffective June 1. Coleman has also been nominated as Chairman ofthe Management Board, subject to shareholder ratification at theCompany's annual shareholders meeting, scheduled for June 23 inThe Netherlands. Tom Tinsley, current Management Board Chairmanand CEO will pursue new business opportunities outside Baan, andwill continue to provide counsel and assistance to the Companyduring the transition over the next two months. The Company alsonamed today additional nominees to its Management Board. Coleman Assumes CEO Role As Baan Renews Momentum "Baan is a global leader in the enterprise applicationsspace," said Ms. Coleman. "We have the people, technology, andpartnerships to extend our leadership into the rapidly expandingInternet economy. Our new e-commerce suite puts us at theforefront of the business-to-business Internet growth area. Ilook forward to my new responsibilities and helping Baan grow itsposition as one of the world's leading application providers." Ms. Coleman served as President and CEO of Aurum Software forfour years through its IPO and subsequent acquisition by Baan in1997. Upon joining Baan, Coleman managed the expansion and growthof the successful Baan Front Office Solutions division. Sincebecoming Baan President in October of last year, she and Mr.Tinsley have worked together to ensure that Baan maintained itsmomentum through a 100-day restructuring program which refocusedthe Company's efforts and reduced its ongoing cost structure by$60 million per quarter to align the business with reduced demandfor ERP software principally due to Y2K. Coleman and Tinsley alsorecruited a seasoned new Supervisory Board of Directors andexpanded the management team including a new Chief FinancialOfficer. "Mary's skills and capabilities were factors in our decisionto acquire Aurum Software, Inc. in 1997," Mr. Tinsley said. "Ipromoted her to President last October to help drive theoperational activities of the Company, and she has proven to be atrue leader. We completed the steps to reposition Baan forsuccess. I think this is a good time for me to pursue newchallenges." Mr. Tinsley will provide assistance during atransition period that ends July 31. Mr. Tinsley has plans to pursue new business opportunities.One of the first is GuideStar (http://www.guidestar.com), aninitiative of Philanthropic Research, Inc., a non-profitorganization. Mr. Tinsley joined their Board last fall and willbecome increasingly active in executing on their strategy totransform philanthropy by providing exhaustive information aboutthe work and finances of non-profit organizations to donors onthe Internet. "Baan has benefited tremendously from Tom's commitment andvision over the past 3 1/2 years," said Coleman. "His foresightto acquire companies took Baan beyond ERP and into the highgrowth areas of customer relationship management and supplychain, changing the dynamics of the enterprise applicationsmarket. He was the first to see that a strong indirect channelcould help ERP vendors tap into the growth potential of themidmarket, and led us to develop relationships with more than 230resellers. Tom kept the Company true to its technology roots byprotecting its commitment to R&D while building relationshipswith Microsoft and others to put us on the path to the highvolume, low touch model that we think will help propel the futureof this industry." Management Board Nominees The Company also announced that its annual shareholdersmeeting has been scheduled for June 23 in the Netherlands. Thenew Management Board nominees will be put forth for shareholderratification at that time. Dutch companies are governed by a Supervisory Board(effectively the equivalent of a U.S.-style Board of Directors)and a Management Board, which is responsible for the day-to-dayoperations of the company. In addition to Ms. Coleman, thefollowing individuals are also being nominated to the ManagementBoard: * Peter Aird, Executive Vice President of Global Support; * Jim Mooney, Executive Vice President, Chief FinancialOfficer; * Laurens van der Tang, Executive Vice President for Researchand

Development; and * Klaas Wagenaar, Executive Vice President for Operationaland

Strategic Initiatives. "With today's announcement we build on Baan's forwardmomentum," said Pierre Everaert, Chairman of the SupervisoryBoard. "The Management Board nominees have the full support andenthusiasm of the new Supervisory Board. I believe this is theteam, together with all our employees, to take Baan to the nextlevel of success." About Baan Company Founded in 1978, Baan Company (ASE: BAAN; Nasdaq: BAANF) is aleading global provider of enterprise business software. BaanCompany offers a comprehensive portfolio of best-in-class,component-based applications for front office, corporate office,and back office automation are in use at approximately 12,000customer sites worldwide. Baan Company products reducecomplexity, improve core business processes, are faster toimplement and use, are more flexible than our competitors' inadapting to business changes, and optimize the management ofinformation throughout the entire value chain. Baan Company has dual headquarters in Barneveld, TheNetherlands and Reston, Virginia, USA and can be found on theWorld Wide Web at www.baan.com. Statements in this press release using the words "believes,""expects," "anticipates," and the like are forward-lookingstatements within the meaning of the Securities Exchange Act of1934, as amended, and as such are subject to a number of risksand uncertainties that could significantly affect outcomes.Actual outcomes, therefore, may differ materially from theexpectations, estimates, or assumptions expressed in or impliedby any such statements. Typical risks and uncertainties may bereviewed in the Baan Company's public filings on file with theU.S. Securities and Exchange Commission (including its mostrecent Form 20-F and 6-K). "Baan" is a registered trademark of Baan Company, and anytrade, product, or service name referenced in this release usingthe name "Baan" is a trademark and/or property of Baan Company.All other company, product, and service names may be trademarksof their respective owners. ots Original Text Service: BaanCompany Internet: http://www.newsaktuell.de Contact: Investors:Mark Wabschall, 703-467-3201, or David Spille, 31-0-34-242-8609,or dspille@baan.com, both of Baan; or for Media: RonaldFlorisson, Vice President of Corporate Communications of Baan, inEurope: 31-0-34-242-8786 or in North America: 703-467-3000 Website: http://www.baan.com

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