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Revenue Grows in All Regions

On a constant currency basis, revenue growth percentages were in double-digits in all regions. In accordance with the guidance we had given, the Americas and Asia Pacific Japan regions once again led the field. In the Americas region, our software and software-related service revenue climbed 9% (17% on a constant currency basis) to €2,495 million (2006: €2,282 million; 2005: €2,021 million). Total revenue for the region rose 6% (14% on a constant currency basis) in 2007 to €3,577 million (2006: €3,385 million; 2005: €2,996 million). Our U.S. business contributed significantly to this growth. In the United States, our software and software-related service revenue grew 6% (16% on a constant currency basis) to €1,838 million (2006: €1,726 million; 2005: €1,553 million), and our total revenue rose 4% (13% on a constant currency basis) to €2,706 million (2006: €2,609 million; 2005: €2,340 million). Latin America also reported double-digit percentage increases in software and software-related service revenue and in total revenue. The growth levels in Mexico and Brazil were especially pleasing.

In 2007, Asia Pacific Japan region software and software-related service revenue increased 19% (24% on a constant currency basis) to €959 million (2006: €803 million; 2005: €740 million). The region’s total revenue rose 15% (20% on a constant currency basis) from €1,107 million in 2006 to €1,275 million in 2007 (2005: €994 million). The results from the emerging markets of China and India were especially welcome: They both reported software and software-related service and total sales growth well above the SAP average. In Japan, software and software-related service revenue climbed 10% (21% on a constant currency basis) to €340 million (2006: €308 million; 2005: €294 million). Total revenue rose 4% (14% on a constant currency basis) to €447 million in Japan (2006: €431 million; 2005: €406 million).

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Despite our established position, we also recorded double-digit sales growth in the EMEA region market. At 13%, software and software-related service revenue growth was steeper than it had been in the previous year. Measured on a constant currency basis, the rise was 14%. The increase was particularly marked in Russia and France. Our 2007 software and software-related service revenue in the EMEA region was €3,973 million (2006: €3,511 million; 2005: €3,194 million). Our total EMEA region revenue rose 10% (11% on a constant currency basis) from €4,901 million in 2006 to €5,390 million in 2007 (2005: €4,519 million). In Germany, our software and software-related service revenue grew 7% to €1,432 million (2006: €1,342 million; 2005: €1,237 million). Our total revenue in Germany grew 5% to €2,004 million (2006: €1,907 million; 2005: €1,810 million).

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