DGAP-DD: SAP AG english



Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EquityStory
AG. 
The person with duty of notification is solely responsible for the content
of this announcement.
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Details of the person subject to the disclosure requirement
Last name: Hechler
First name: Joachim

Position: Corporate Officer

Information about the transaction with duty of notification

Description of the financial instrument: Share
ISIN/WKN of the financial instrument: DE 0007164600
Type of transaction: Purchase
Date: 15.02.2011
Price: 37.8750
Currency: EUR
No. of items: 24000
Total amount traded: 909000.00
Place: over the counter

Explanation for publication:

Acquisition of SAP-shares via exercise of subscription rights granted under
the Long Term Incentive Plan of SAP AG

Information about the company with duty of publication

Issuer: SAP AG
Dietmar-Hopp-Allee 16
69190 Walldorf
Deutschland
ISIN: DE0007164600
WKN: 716460


End of Directors' Dealings Notification 
(c) DGAP 18.02.2011

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