Adobe Mergers and Acquisitions Presentation Deck

A+ Adobe . *** *** *** macromedia® . Filed by Adobe Systems Incorporated Pursuant to Rule 425 Under the Securities Act of 1933 The following presentation was posted on Adobe Systems Incorporated's internal website on June 15, 2005: 1 And Deemed Filed Pursuant to Rule 14a-12 Under the Securities Exchange Act of 1934 Subject Company: Macromedia, Inc. Commission File No. of Subject Company: 000-22688 Adobe Systems Confidential & Macromedia Confidential

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