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: Oswald
First name: Gerhard
Company: SAP AG

Position: Member of a managing body

Information about the transaction with duty of notification

Description of the financial instrument: Share
ISIN/WKN of the financial instrument: DE0007164600
Type of transaction: Purchase
Date: 24.05.2012
Price: 46.8892
Currency: EUR
No. of items: 2112
Total amount traded: 99030.03
Place: XETRA

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 25.05.2012

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