DELTEK, INC.
                     CONSOLIDATED BALANCE SHEETS
                  (in thousands, except share data)
                             (unaudited)


                                                     December 31,
                                                 ---------------------
                                                    2007       2006
                                                 ---------- ----------

ASSETS
CURRENT ASSETS:
   Cash and cash equivalents                     $  17,091  $   6,667
   Accounts receivable, net of allowance of
    $2,866 and $1,960 at December 31, 2007 and
    December 31, 2006, respectively                 55,663     39,987
   Deferred income taxes                             5,027      6,961
   Prepaid expenses and other current assets         5,604      4,771
                                                 ---------- ----------
      TOTAL CURRENT ASSETS                          83,385     58,386

PROPERTY AND EQUIPMENT, NET                         13,575      8,576
CAPITALIZED SOFTWARE DEVELOPMENT COSTS, NET          2,399      3,480
LONG-TERM DEFERRED INCOME TAXES                        354          -
INTANGIBLE ASSETS, NET                              13,132     16,169
GOODWILL                                            50,082     44,519
OTHER ASSETS                                         3,253      3,358
                                                 ---------- ----------
      TOTAL ASSETS                               $ 166,180  $ 134,488
                                                 ========== ==========

LIABILITIES AND SHAREHOLDERS' DEFICIT
CURRENT LIABILITIES:
   Current portion of long-term debt             $     498  $  20,150
   Accounts payable and accrued expenses            31,810     28,671
   Accrued liability for redemption of stock in
    recapitalization                                   569      5,349
   Deferred revenues                                22,046     26,612
   Income taxes payable                                729        166
                                                 ---------- ----------
      TOTAL CURRENT LIABILITIES                     55,652     80,948

LONG-TERM DEBT                                     192,815    210,375
LONG-TERM DEFERRED INCOME TAXES                          -      3,760
OTHER TAX LIABILITIES                                  551          -
OTHER LONG-TERM LIABILITIES                          3,350      3,470
                                                 ---------- ----------
TOTAL LIABILITIES                                  252,368    298,553

SHAREHOLDERS' DEFICIT:
   Preferred stock, $0.001 par value--
    authorized, 5,000,000 shares; issued and
    outstanding, 0 and 100 shares at December
    31, 2007 and December 31, 2006, respectively         -             -
      Common  stock,  $0.001  par  value--authorized,
        200,000,000  shares;  issued  and  outstanding,
        43,046,523  and  39,405,993  shares  at  December
        31,  2007  and  December  31,  2006,  respectively                43                  39
      Class  A  common  stock,  $0.001  par  value--
        authorized,  100  shares;  issued  and
        outstanding,  100  and  0  shares  at  December
        31,  2007  and  December  31,  2006,  respectively                  -                    -
      Additional  paid-in  capital                                            167,527        112,350
      Accumulated  deficit                                                        (253,424)    (275,943)
      Accumulated  other  comprehensive  income                          (334)            (511)
                                                                                                  ----------  ----------
            TOTAL  SHAREHOLDERS'  DEFICIT                                    (86,188)    (164,065)

                                                                                                  ----------  ----------
TOTAL  LIABILITIES  AND  SHAREHOLDERS'  DEFICIT            $  166,180    $  134,488
                                                                                                  ==========  ==========