Joachim Hechler

Details of the person subject to the disclosure requirement

Last name: Hechler 
First name: Joachim 
Position: Corporate Officer 

Information about the transaction with duty of notification 

Description of the financial instrument: Share 
ISIN/WKN of the financial instrument: DE 0007164600 
Type of transaction: Purchase 
Date: 15.02.2011 
Price: 37.8750 
Currency: EUR 
No. of items: 24000 
Total amount traded: 909000.00 
Place: over the counter

Explanation for publication: Acquisition of SAP shares via exercise of subscription rights granted under the Long Term Incentive Plan of SAP AG 

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 18.02.2011