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SAP successfully placed Eurobond (Web Message)

Walldorf - Jul.29,2010 - SAP AG (NYSE: SAP) today successfully placed a two-tranche Eurobond consisting of a €600 million 18 months tranche and a €600 million three-year tranche. The 18 months notes pay a coupon of 1.75% and were issued at a price of 99.863%, corresponding to a spread of 50 basis points over the Euro Mid-Swap rate. The three-year notes pay a coupon of 2.25% and were issued at a price of 99.857%, corresponding to a spread of 60 basis points over the Euro Mid-Swap rate.

The notes will be listed for trading on the Luxembourg Stock Exchange. Denomination are € 1,000.

The transaction was well oversubscribed benefiting from strong international investor demand, with the majority being allocated to German and Swiss investors. The proceeds of the transaction will be used to partly repay short-term bank financing in relation to the acquisition of Sybase Inc.

The joint lead managers for the transaction were Barclays Capital and Deutsche Bank.

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