SAP A.G. Message Board - Msg: 5382353

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Technology Stocks : SAP A.G.

SAP 244.83

-1.0%

Dec 12 9:30 AM EST

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To: Lloyd Davies who wrote ()	8/1/1998 3:36:00 AM
From: Flair	of 3424

With this change, twelve ADRs will represent one SAP preference share. The CUSIP number of the ADRs is No. 803054204. The ratio change takes place in conjunction with the upcoming listing of SAP's ADRs on the New York Stock Exchange on Monday, August 3. SAP AG preference and common shares are listed on the Frankfurt Stock Exchange, as well as a number of other German exchanges. SAP is a component of the DAX, the index of 30 German blue chip companies. SAP ADRs, currently trading over-the-counter under the ticker symbol 'SAPHY', will be listed on the New York Stock Exchange as of August 3, 1998 under the ticker symbol 'SAP'. Information on the SAP AG preference shares is available on Bloomberg under the symbol SAP3 GR, on Reuters under SAPG_p.F or DE and on Quotron under SAGVD.EU. Information on the SAP common shares is available on Bloomberg under the symbol SAP GR, on Reuters under SAPG.F and on Quotron under SAGR.EU. Additional information is available on SAP AG's home page: sap.com.

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