Prof. Dr. Henning Kagermann

Details of the person subject to the disclosure requirement
Last name: Kagermann

First name: Prof. Dr. Henning

Company: SAP AG



Position: Member of a managing body



Information about the transaction with duty of notification


Description of the financial instrument: Share

ISIN/WKN of the financial instrument: DE0007164600
Type of transaction: Buy

Date: 15.08.2007

Price: 22.5925

Currency: EUR

No. of items: 27931

Total amount traded: 631031.12

Place: over the counter



Explanation for publication:



Acquisition of shares in line with SAP Stock Option Plan 2002


Information about the company with duty of publication


Issuer: SAP AG

Dietmar-Hopp-Allee 16

69190 Walldorf

Deutschland

ISIN: DE0007164600

WKN: 716460





End of Directors" Dealings Notification (c) DGAP 16.08.2007