WALLDORF, Germany - July 19, 2001 - SAP AG (NYSE: SAP), the leading provider of e-business software solutions, today announced strong sales and profit performance for the second quarter ended June 30, 2001.

In the second quarter of 2001, revenues rose 24% over the same period last year to &1.85 billion (2000: &1.5 billion). Second quarter 2001 operating income, before charges for stock-based compensation programs (STAR and LTI) and TopTier acquisition-related costs, rose 72% to &424 million (2000: &246 million).

Operating margin, excluding stock-based compensation and TopTier acquisition-related charges, improved to 23% (2000: 16%). Earnings before interest, taxes, depreciation, and amortization ("EBITDA") improved by 118% to &450 million (2000: &206 million). Net income for the second quarter of 2001 grew 78% to &206 million (2000: &116 million), and earnings per share for the quarter were &0.65 (2000: &0.37). Earnings per share excluding charges related to the acquisition of TopTier were up 92% to &0.71 (2000: &0.37).

SAP confirms its earlier expectations for the first nine months of 2001. SAP has also provided its extended expectations for revenue and margin performance for the full year. SAP expects revenue for the full year 2001 to grow by more than 20%. Operating margin, excluding stock-based compensation and acquisition-related charges, are expected to exceed the 20% achieved in 2000 by 1 to 2 percentage points.

A full press release, including profit and loss statements and balance sheets, will be disseminated at 1:00 PM (CET)/12:00 PM (GMT)/7:00 AM (Eastern)/4:00 AM (Pacific) and will be available on the SAP Web site at that time.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should," and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.