ots Ad hoc-Service: SAP AG SAP Announces Stronger Than Expected Fourth Quarter Performance

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. -----------------------------------------------------

    Walldorf (ots Ad hoc-Service) -    

    SAP AG (NYSE: SAP), the leading provider of e-business software solutions, today announced that an initial analysis of its preliminary results shows total revenue for the fourth quarter ended December 31, 2000 of approximately EUR 2.1 billion, representing an increase of about 27% over last year's fourth quarter. Total sales growth in the quarter was underscored by strong software license sales, which rose by approximately 25% to slightly above EUR 1 billion. Operating income before charges for the employee stock appreciation rights program (STAR) increased by more than 40% to just above EUR 600 million.

    This very good performance exceeded SAP's initial expectations, particularly against the backdrop of last year's strong fourth quarter results.

    SAP will provide more details on its 2000 preliminary results on January 23, 2001.

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