Autodesk Prices $750 Million Senior Note Offering

  Autodesk Prices $750 Million Senior Note Offering

Business Wire

SAN RAFAEL, Calif. -- December 10, 2012

Autodesk, Inc. (NASDAQ: ADSK) today announced the pricing of two series of its
senior notes in an aggregate principal amount of $750 million, in an
underwritten, registered public offering. Of these senior notes, $400 million
will mature on December 15, 2017, and will bear interest at an annual rate of
1.95 percent, and $350 million will mature on December 15, 2022, and will bear
interest at an annual rate of 3.60 percent. The offering is expected to close
on December 13, 2012, subject to customary closing conditions.

Autodesk intends to use a portion of the net proceeds from the sale of the
senior notes for the repayment of approximately $80 million in borrowings
outstanding under its revolving credit facility plus accrued and unpaid
interest. The remainder of the net proceeds will be used for general corporate
purposes, including working capital, capital expenditures, possible stock
repurchases and potential acquisitions and strategic transactions.

Citigroup, J.P. Morgan and Morgan Stanley acted as joint book-running managers
for the offering. The offering of the senior notes is being made only by means
of a prospectus supplement and accompanying prospectus, copies of which may be
obtained from:

Citigroup Global Markets   J.P. Morgan Securities LLC     Morgan Stanley & Co.
Inc.                                                      LLC
c/o Broadridge Financial   383 Madison Avenue
Solutions                                                 180 Varick Street
                           New York, NY 10179
1155 Long Island Avenue                                 New York, NY 10014
                           Attn – Investment Grade
Edgewood, NY 11717         Syndicate Desk                 Attn: Prospectus
800-831-9146               212-834-4533

This press release does not constitute an offer to sell or the solicitation of
an offer to buy any of the senior notes, nor shall there be any sale of these
senior notes in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
laws of any such jurisdiction.

Cautionary Statement

This press release contains forward-looking statements within the meaning of
the federal securities laws. These statements involve risks and uncertainties
that could cause actual results to differ materially, including, but not
limited to, the satisfaction of customary closing conditions with respect to
the offering of the senior notes, prevailing market conditions, and the
anticipated use of the proceeds of the offering of the senior notes which
could change as a result of market conditions or for other reasons, and
corporate considerations and the impact of general economic, industry or
political conditions in the United States or internationally. Additional risks
and uncertainties relating to the offering, Autodesk and its business can be
found under the heading "Risk Factors" in Autodesk's Quarterly Report on Form
10-Q for the quarter ended October 31, 2012, in the preliminary prospectus
supplement relating to the offering and in the prospectus supplement relating
to the offering to be filed with the Securities and Exchange Commission.

Autodesk does not undertake any obligation to publicly update any
forward-looking statements to reflect events, circumstances or new information
after the date of this press release, or to reflect the occurrence of
unanticipated events.

About Autodesk

Autodesk, Inc., is a leader in 3D design, engineering and entertainment
software. Customers across the manufacturing, architecture, building,
construction, and media and entertainment industries - including the last 17
Academy Award winners for Best Visual Effects - use Autodesk software to
design, visualize, and simulate their ideas. Since its introduction of AutoCAD
software in 1982, Autodesk continues to develop the broadest portfolio of
state-of-the-art software for global markets. For additional information about
Autodesk, visit


Autodesk, Inc.
David Gennarelli, 415-507-6033 (Investors)
Greg Eden, 415-547-2135 (Press)
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