WALLDORF, Germany - October 8, 2003 - SAP AG, the leading provider of business software solutions, today announced that after an initial review of its results for the third quarter ended September 30, 2003, the Company expects software revenues to be approximately €430 million, which is around the levels reached in the third quarter of 2002 and the second quarter of 2003. Total revenues are expected to be approximately €1.650 billion (Q3 2002: €1.702 billion).

The third quarter results were supported by better closure rates, especially in the United States, and some deals that had been expected to close in the second quarter but were signed in the third quarter.

The Company is reviewing the complete quarterly and market data and has not yet made any decision with respect to the Company's outlook for the full year 2003.

Full third quarter results will be reported on October 16.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should," and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.