BMC Software to Announce First Quarter Fiscal 2004 Results on July 28, 2003

Company to Present at Upcoming Investor Conferences

Houston - (July 18, 2003) - BMC Software, Inc. [NYSE: BMC],a leader in enterprise management, today announced that it will report first quarter fiscal 2004 results prior to the market opening on July 28, 2003. The company will host a conference call at 11:00 a.m. CDT to discuss financial results for the quarter.

Those interested in participating may call (719) 457-2641 and use the passcode BMC. To access a replay of the conference call, which will be available for one week, dial (719) 457-0820 and use the passcode BMC. A live webcast of the conference call will be available on the Company's website at www.bmc.com/investors. A replay of the webcast will be available within 24 hours and archived on the website.

BMC Software will also be a presenter at the upcoming CIBC World Markets Enterprise Software and Pacific Crest Technology Forum investor conferences.

John Cox, Chief Financial Officer, will present at the CIBC World Markets Enterprise Software Conference in New York City on Wednesday, August 6th at approximately 1:15 p.m. EDT.

Jeff Hawn, Senior Vice President of Operations, will present at the Pacific Crest Technology Forum Conference in Vail, Colorado on Tuesday, August 12th at approximately 11:00 a.m. MDT.

A live audio webcast of both Mr. Cox's and Mr. Hawn's remarks accompanied by their presentations will be available via the Company's website at www.bmc.com/investors for all interested parties to listen online. A replay of the webcasts will be available within 24 hours of the presentations and archived on the website for 30 days.

About BMC Software
BMC Software, Inc. [NYSE:BMC], is a leading provider of enterprise management solutions that empower companies to manage their IT infrastructure from a business perspective. Delivering Business Service Management, BMC Software solutions span enterprise systems, applications, databases and service management. Founded in 1980, BMC Software has offices worldwide and fiscal 2003 revenues of more than $1.3 billion. For more information about BMC Software, visit www.bmc.com.

Investor Relations Contact:
Rick Black
(713) 918-1894
rick_black@bmc.com

Public Relations Contacts:
Eric Krueger
(713) 918-2153
eric_krueger@bmc.com

BMC Software, the BMC Software logos, and all other BMC Software product or service names are registered trademarks or trademarks of BMC Software, Inc. All other trademarks or registered trademarks belong to their respective companies. © 2003, BMC Software, Inc. All rights reserved.