SAP on the grow

SAP | Americas

Dear Customer,

I am very pleased to announce that SAP AG intends to acquire Business Objects S.A.,
a market leader in business intelligence software. Let me take this opportunity to
share our long term plans for this acquisition and highlight some of the benefits
you can expect.

SAP’s primary objectives are to expand and improve the overall portfolio and
services in our core enterprise application software business as well as our
offering for the small and midsize enterprise segment. We recognize the growing need
for analysis in your organization to support all parts of your business around the
world quickly and efficiently.

With our planned acquisition of Business Objects, we will be able to offer a winning
combination of business intelligence solutions, functionality for Corporate
Performance Management and Governance Risk and Compliance and embedded analytics.
The solutions will address decision support, business processes enriched by
analytics applications, on demand reporting, and innovative business user offerings
to help turn your organization into a performance driven enterprise.

Product excellence has always been one of the cornerstones of SAP’s company
culture and it underpins all our efforts to maintain your confidence in our systems
and in our ability to continuously provide innovative offerings. Responding
appropriately to market drivers is a requirement for continuing this tradition of
excellence. Even as we plan to bring additional value to you through this
acquisition, I would like to assure you we remain deeply committed to providing
stable long-term IT security and protection for your investment in SAP's current
solution portfolio.

We are still several steps away from closing this transaction. In due course, SAP
will file with the necessary regulatory agencies in France, the United States and
other jurisdictions. When all required regulatory approvals are cleared, SAP will
commence a tender offer. We expect the closure of the transaction within Q1 2008.

Additional information regarding specific product, go-to-market and other details
will be provided after the transaction has been closed.

Best regards,

Bill McDermott
President & CEO
SAP Americas & Asia Pacific Japan

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SAP Americas
3999 West Chester Pike
Newtown Square, PA 19073

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