Corporate Governance

Directors' Dealings 2007

According to the German Securities Trading Act (WpHG), the members of the executive board and supervisory board as well as all other persons discharging managerial responsibilities (senior executives) in German listed companies have to notify both the company and the German Federal Financial Supervisory Authority (BaFin) if they acquire or dispose of shares in the company or rights related to these shares. Certain people who are closely related to board members or senior executives, such as spouses and dependent children, are under the same obligation. Furthermore, legal persons, companies, and organizations for which board members, senior executives, or persons closely related to them discharge managerial responsibilities or that are controlled by such persons are also obliged to give notification.

On this Web site, SAP publishes all notifications received from its board members and other persons with a notification obligation. Detailed information about the notification obligations can be drawn from the relevant section of the law.

Notification about Directors' Dealings under sec. 15a WpHG (Directors' Dealings)

Transaction Date and Place	Issuer	Notifying Party	Details of Notifying Party	Transaction
December 10, 2007, XETRA	SAP AG¹	Helga Classen	Member of the Supervisory Board	Sale of 7,556 SAP shares² in line with SAP Stock Option Plan 2002, price € 35.7999 per share in the total amount of € 270,504.04
October 30 2007, XETRA	SAP AG¹	Dr. Gerhard Maier	Member of the Supervisory Board	Sale of 7,600 SAP shares² in line with SAP Stock Option Plan 2002, price EUR 37.4157 per share in the total amount of EUR 284,359.32
October 19 2007, Frankfurt	SAP AG¹	Apotheker, Léo	Member of the Executive Board	Purchase of 1,000 non-par value SAP ordinary shares², price EUR 38.09 per share in the total amount of EUR 38,090.00
October 18 2007, Frankfurt	SAP AG¹	Dr. Werner Brandt	Member of the Executive Board	Purchase of 1,000 non-par value SAP ordinary shares², price EUR 38.20 per share in the total amount of EUR 38,200.00
September 10 2007, XETRA	SAP AG¹	Klaus Kreplin	Person with Executive Function (Member of the Executive Council)	Sale of 98,000 SAP shares², price € 40.2197 per share in the total amount of € 3,941,530.60 in line with SAP Stock Option Plan 2002
September 10 2007, XETRA	SAP AG¹	Martin Homlish	Person with Executive Function (Member of the Executive Council)	Sale of 89,392 SAP shares², price € 40.2197 per share in the total amount of € 3,595,319.42 in line with SAP Stock Option Plan 2002
August 15, 2007, XETRA	SAP AG¹	Prof. Dr. Claus Heinrich	Member of the Executive Board	Sale of 180,000 SAP shares² in line with SAP Stock Option Plan 2002, price € 38.7071 per share in the total amount of € 6,967,278.00
August 15, 2007, XETRA	SAP AG¹	Dr. Peter Zencke	Member of the Executive Board	Sale of 180,000 SAP shares² in line with SAP Stock Option Plan 2002, price € 38.7071 per share in the total amount of € 6,967,278.00
August 15, 2007 off-market	SAP AG¹	Prof. Dr. Henning Kagermann	Member of the Executive Board	Acquisition of 27,931 SAP shares² in line with SAP Stock Option Plan 2002, price € 22.5925 per share in the total amount of € 631,031.12
August 15, 2007, XETRA	SAP AG¹	Prof. Dr. Henning Kagermann	Member of the Executive Board	Sale of 292,069 SAP shares² in line with SAP Stock Option Plan 2002, price € 38.7071 per share in the total amount of € 11,305,143.99
August 13, 2007, XETRA	SAP AG¹	Peter Koop	Member of the Supervisory Board	Sale of 141 SAP shares², price € 40.231 per share in the total amount of € 5,672.57
April 23, 2007 off-market	SAP AG¹	Apotheker, Léo	Member of the Executive Board	Sale of 120,000 non-par value SAP ordinary shares², price € 38.5188 per share in the total amount of € 4,622,256.00
February 05, 2007 Frankfurt	SAP AG¹	Dr. Werner Brandt	Member of the Executive Board	Purchase of 2000 non-par value SAP ordinary shares², price EUR 35.58 per share in the total amount of EUR 71,160.00

(1) Address: Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany
(2) WKN 716460 / ISIN DE 000 7 164 600
(3) ISIN US 8030542042

Corporate Governance

Directors' Dealings 2007

Notification about Directors' Dealings under sec. 15a WpHG (Directors' Dealings)

Archives