SAP Cancels Shares and Decreases Capital Stock

Press Release | September 4, 2008 by SAP News

WalldorfBased on the resolutions of the SAP AG Annual General Meetings of Shareholders on May 9, 2006 and May 10, 2007, on September 3, 2008 the Executive Board of SAP AG took a resolution to decrease the Company’s capital stock from €1,246,683,912.00 (represented by 1,246,683,912 no-par shares, each with an attributable subscribed capital of €1) to €1,225,683,912.00 (represented by 1,225,683,912 no-par shares, each with an attributable subscribed capital of €1) by cancelling 21,000,000 treasury shares, representing 1.68% of the capital stock before this corporate action. After the decrease, treasury shares will represent approximately 3.16% of the capital stock. This share cancellation is the second of its kind pursued by SAP following a September 2007 cancellation of 23,000,000 treasury shares.

About SAP
SAP is the world’s leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With around 75,000 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol “SAP.” (For more information, visit www.sap.com)

(*) SAP defines business software as comprising enterprise resource planning and related applications

For more information, press only:
Herbert Heitmann, +49 (6227) 7-61137, herbert.heitmann@sap.com, CET
Christoph Liedtke, +49 6227 7-50383, christoph.liedtke@sap.com, CET
Angelika Pfahler, +49 (6227) 7-63596, angelika.pfahler@sap.com, CET

For more information, financial community only:
Stefan Gruber, +49 (6227) 7-44872, investor@sap.com, CET
Martin Cohen, +1 (212) 653-9619, investor@sap.com, EST

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