029 Group SE

Capital/Financing Update • Oct 5, 2004

News Details

Ad-hoc | 5 October 2004 12:20

SAP SI plans to conclude a subordination/rofit-transfer agreement with …

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– SAP SI plans to conclude a subordination/rofit-transfer agreement with SAP Deutschland Dresden, October 5, 2004. The Executive Board of SAP Systems Integration AG (SAP SI), Dresden, has announced its intention to prepare the ground for a subordination and profit-transfer agreement with SAP Deutschland AG & Co. KG, Walldorf (SAP Germany). SAP Germany is a wholly owned subsidiary of SAP Aktiengesellschaft Systeme, Anwendungen, Produkte in Datenverarbeitung, Walldorf (SAP). SAP Germany holds approximately 92 percent of capital stock and voting rights in SAP SI. Furthermore, the Executive Board decided to prepare for delisting of SAP SI shares from the Frankfurt Stock Exchange. Further information Joachim Mueller CFO SAP SI AG +49 6251 708-1100 investor@sap-si.com end of ad-hoc-announcement (c)DGAP 05.10.2004 ——————————————————————————– WKN: 501111; ISIN: DE0005011118; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 051220 Okt 04