SAP Reports 22% Growth in Software Revenues for the 2006 First Quarter

WALLDORF - April 20, 2006 - SAP AG (NYSE: SAP) today announced its preliminary financial results for the first quarter ended March 31, 2006. Highlights of the results are as follows.

Software revenues were ?528 million for the first quarter of 2006 (2005: ?434 million), representing an increase of 22% compared to the same period in 2005. At constant currencies, software revenues increased 14%.

Total revenues for the first quarter of 2006 were ?2.04 billion (2005: ?1.73 billion), which was an increase of 18% compared to the first quarter of 2005. At constant currencies , total revenues increased 13%.

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