Henning Kagermann Strong Quotations

The third quarter marked another strong performance for SAP. We had record third-quarter software revenues, we gained share against our peer group, and we extended our lead in the U.S.

The third quarter marked another strong performance for SAP, ... We had record third-quarter software revenues, we gained share against our peer group and we extended our lead in the U.S.

Looking forward, our overall pipeline is healthy and we expect stronger software sales in the second and third quarters,

We are pleased to say that we are off to a good start in 2006 with continued strong growth in software and product revenues for the first quarter.

We are pleased to report another strong quarter for SAP,