Hart-Scott-Rodino Act Waiting Period Expires for SAP's Acquisition of Sybase, Inc.


WALLDORF, Germany, June 17 -- SAP today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) at 11:59 p.m. EDT, on June 16, 2010, with respect to SAP's previously announced proposed acquisition of Sybase, Inc.

As previously announced, on May 26, 2010 SAP's indirectly wholly-owned subsidiary, Sheffield Acquisition Corp., commenced a cash tender offer for all outstanding shares of common stock of Sybase, Inc. at a price of $65.00 per share. The tender offer is being made pursuant to an Offer to Purchase, dated May 26, 2010, and in connection with the Agreement and Plan of Merger, dated May 12, 2010, by and among SAP America, Inc., Sheffield Acquisition Corp., and Sybase, which SAP and Sybase announced on May 12, 2010.

Expiration of the HSR Act waiting period satisfies one of the conditions to the tender offer. The tender offer remains subject to other conditions described in the Offer to Purchase.

About SAP

SAP is the world's leading provider of business software (*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 97,000 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." For more information, visit http://www.sap.com/.

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