You have entered the internet site where SAP AG (Bidder) publishes or will publish the offer document (Offer Document) for its public offer (Offer) for the purchase of all shares of SAF Simulation, Analysis and Forecasting AG, Tägerwilen (Switzerland).

The shareholders of SAF Simulation, Analysis and Forecasting AG (SAF AG Shareholders) are requested to confirm, at the bottom of this page, notice of the following legal information, in order to access the Offer document.

Announcements on this website do not constitute an invitation to make an offer to sell shares in SAF Simulation, Analysis and Forecasting AG. With the exception of the publication of the Offer document, announcements made on this internet site also do not constitute an offer to purchase shares in SAF Simulation, Analysis and Forecasting AG. The Offer by the Bidder is made solely by publication of the Offer document and solely in accordance with the provisions of such Offer document. The Offer document has been published on this internet site.

SAF Simulation, Analysis and Forecasting AG has its registered seat in Switzerland. The German Securities Acquisition and Takeover Act (WpÜG) does not apply to the takeover of shares in SAF Simulation, Analysis and Forecasting AG. Thus, it is not an offer within the meaning of the WpÜG. The publication of the Offer document on this internet site does, therefore, also not constitute an obligatory publication pursuant to Section 14 (2) and (3) WpÜG. However, the Bidder has made the decision to publish the Offer document in analogous consideration of the content of this provision. The Offer document was not reviewed under German law by the German Financial Supervisory Authority (BaFin). As the Swiss Act on Stock Exchanges and Securities Trading (BEHG) does not apply to the Offer either, the Offer document has not been reviewed by the Swiss Takeover Board.

The Offer is made to all shareholders of SAF AG and is made solely pursuant to German law and in compliance with an exemption from U.S. tender offer laws provided by Rule 14d-1(c) under the Securities Exchange Act of 1934. The Offer is not made or intended to be made pursuant to the provisions of any other legal system. Accordingly, the Bidder and the persons acting in conjunction with the Bidder will not procure any further registrations, authorisations or approvals of the Offer document or the intended Offer by any security supervisory authority or similar institutions outside the Federal Republic of Germany. The Bidder and the persons acting in conjunction with the Bidder therefore do not assume any responsibility for compliance with any law other than German and U.S. law.

The Offer document has been distributed in analogous consideration of the content of the provisions of the WpÜG. The publication of the Offer document, in particular on the internet, solely serves as information for the shareholders of SAF AG as well as the creation of transparency. It neither constitutes the submission of the Offer or the Offer document nor a public advertisement for the Offer pursuant to any legal system other than the legal systems of Germany or the United States (USA).

The publication, forwarding or distribution of the Offer or other documents relating to the Offer pursuant to other countries than the Federal Republic of Germany, the United States and Switzerland can be subject to legal restrictions.

Regardless of the fact that due to the publication of the Offer document on the internet the Offer document can be accessed worldwide, the Offer document or other documents relating to the Offer shall not be forwarded, distributed or published in countries in which such forwarding, distribution or publication is illegal. The Bidder has not permitted the forwarding, distribution or publication by third parties outside the Federal Republic of Germany, the USA and Switzerland. The publication of the Offer document on this website does not imply an act of forwarding, distributing or publishing of the Offer document outside of the Federal Republic of Germany, the USA or Switzerland.

The Offer could be accepted by all SAF AG shareholders in accordance with the provisions of the Offer document and the respective applicable legal provisions. The Bidder points out, however, that the acceptance of the Offer outside the Federal Republic of Germany and the USA may be subject to legal restrictions. SAF AG shareholders who came into possession of the Offer document outside the Federal Republic of Germany and the USA, and who are willing to accept or have already accepted the Offer outside the Federal Republic of Germany and the USA, and/or who are subject to other legal regulations than those of the Federal Republic of Germany and the USA, are required to familiarize themselves and comply with the respective laws and regulations.

The Bidder and the persons acting in conjunction with the Bidder do not guarantee that the dissemination, publication, forwarding or distribution of the Offer document or other documents relating to the Offer or the acceptance of the Offer outside the Federal Republic of Germany and the USA complies with the applicable laws or regulations. The Bidder and the persons acting in conjunction with the Bidder expressly exclude all liability for non-compliance with applicable laws and regulations by third parties.

If any announcements on this internet site, in particular the Offer document, contain forward-looking statements, such statements do not represent facts. The Offer document and the documents referred to therein contain certain forward-looking statements. Such statements can be identified, in particular, by terms such as "will", "expects", "believes", "is of the opinion", "attempts", "estimates", "intends", "assumes", "plans" and "endeavours" and similar expressions as they relate to the Bidder. Such statements are an expression of the Bidder's intentions, views or current expectations with regard to potential future events. They are subject to numerous risks and uncertainties which as a rule are not within the Bidder's sphere of control. Certain factors that could affect the Bidder's intentions, views or current expectations with regard to potential future events are discussed more fully in the Bidder's filings with the U.S. Securities and Exchange Commission, including but not limited to the Bidder's Annual Report on Form 20-F for 2008. It should be noted that the forward-looking statements contained in this Offer Document may prove to be incorrect and future events and developments may differ materially from the forward-looking statements contained in this Offer Document. It is also possible that after publication of this Offer Document, the Bidder might change its views and assessments as set out in this Offer Document, particularly with respect to SAF Simulation, Analysis and Forecasting AG and its affiliates. The Bidder undertakes no obligation to publicly update or revise any forward looking statements whether as a result of new information, future events or otherwise, except as is required by law.

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