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%.