Reconciliation of Target Operating Results

The following tables reconcile the specific items excluded from GAAP in the calculation of target non-GAAP operating results for the periods indicated below:

  GAAP to Non-GAAP Reconciliation of Second Quarter Fiscal Year 2009 Targets
                   (in thousands, except per share amounts)

                                                    Range for Three Months
                                                     Ending April 30, 2009
                                                     Low              High
    Target GAAP expenses                          $280,500          $296,000
    Adjustment:
      Estimated impact of amortization of
       intangible assets                           (10,500)          (14,000)
      Estimated impact of share-based
       compensation                                (13,000)          (15,000)
    Target non-GAAP expenses                      $257,000          $267,000


                                                      Range for Three Months
                                                      Ending April 30, 2009
                                                      Low               High
    Target GAAP earnings per share                   $0.25             $0.30
    Adjustment:
      Estimated impact of amortization of
       intangible assets                              0.10              0.07
      Estimated impact of share-based
       compensation                                   0.10              0.09
      Net non-GAAP tax effect                        (0.06)            (0.05)
    Target non-GAAP earnings per share               $0.39             $0.41

    Shares used in non-GAAP calculation (midpoint
     of target range)                              144,500           144,500



         GAAP to Non-GAAP Reconciliation of Fiscal Year 2009 Targets

                                                      Range for Fiscal Year
                                                     Ending October 31, 2009
                                                      Low              High
    Target GAAP earnings per share                   $1.11             $1.27
    Adjustment:
      Estimated impact of amortization of intangible
       assets                                         0.33              0.29
      Estimated impact of share-based compensation    0.38              0.37
      Net non-GAAP tax effect                        (0.22)            (0.21)
    Target non-GAAP earnings per share               $1.60             $1.72

    Shares used in non-GAAP calculation (midpoint
     of target range)                              146,500           146,500

Earnings Call Open to Investors

Synopsys will hold a conference call for financial analysts and investors today at 2:00 p.m., Pacific Time. A live webcast of the call will be available at Synopsys' corporate website at http://www.synopsys.com/. A recording of the call will be available by calling +1-800-475-6701 (+1-320-365-3844 for international callers), access code 985197, beginning at 5:30 p.m. Pacific Time today. A webcast replay will also be available on the website from approximately 5:30 p.m. Pacific Time today through the time Synopsys announces its results for the second quarter fiscal 2009 in May 2009. Synopsys will post copies of the prepared remarks of Aart de Geus, chairman and chief executive officer, and Brian Beattie, chief financial officer, on its website following the call. In addition, Synopsys makes additional financial information available in a financial supplement also posted on the corporate website.