News Releases

The Directors College Announces Sponsorship by SAP Canada Inc.

TORONTO, April 19, 2005 – The Directors College* is pleased to announce the signing of a national sponsorship agreement with SAP Canada Inc., a subsidiary of SAP AG (NYSE: SAP). As a national sponsor of The Directors College, SAP Canada Inc., through the SAP University Alliances Program, will be a key stakeholder in supporting the mission of raising the bar for professional standards. In addition, Mr. Robert Courteau, President and Managing Director of SAP Canada Inc. will join the Advisory Board of The Directors College.

“SAP Canada offers our director candidates insight into next generation information technology for mission-critical business processes,” said Dr. Chris Bart, Principal and Lead Professor at The Directors College. “We are pleased to welcome SAP Canada as a national sponsor of The Directors College.”

The Directors College is a comprehensive professional development and certification program for corporate directors. It is the only program of its kind in Canada that leads to formal university accreditation – the Chartered Director (C.Dir.)* designation.

In announcing the SAP Canada Inc. sponsorship, Mr. Robert Courteau, President and Managing Director said, “We are delighted to support Canada’s best director education program as part of our commitment to help Canadian companies realize business efficiencies, innovation and competitive advantage.”

SAP is the world’s leading provider of business software solutions with more than 26,150 customers in over 120 countries. As the business software solutions leader, SAP offers customers solutions that help manage critical business processes while providing a comprehensive roadmap to next-generation enterprise solutions.

This initiative with The Directors College is heavily supported by the SAP University Alliances Program. By creating, capturing, organizing and disseminating intellectual capital, SAP’s University Alliances Program works to establish SAP as a concept and thought leader that provides and successfully implements the very best business solutions.

“I am excited to welcome SAP Canada to our coalition of sponsors,” said Anne Golden, President and CEO of The Conference Board of Canada. “The growing number of sponsors supporting The Directors College enhances our ability to deliver Canada’s highest quality director training and certification.”

Other national sponsors of The Directors College are The TSX Group, Ernst & Young, the Society of Management Accountants of Canada (CMA Canada) and The Hay Group. Program sponsors are The Caldwell Partners International, HKMB International Insurance Brokers, McCarthy Tétrault and NATIONAL Investor Relations.

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For more information:

SAP Canada Inc. The Directors College
Jodi Kasten Dr. Chris Bart
Director, Corporate Communications Principal and Lead Professor
416-218-6584 (905) 525-9140 ext. 2-3967
jodi.kasten@sap.com bartck@mcmaster.ca

* The Directors College, Chartered Director and C.Dir. are official marks of McMaster University.

About The Directors College
The Directors College is a joint venture of The Conference Board of Canada and the DeGroote School of Business at McMaster University. The Directors College is a comprehensive professional development and certification program for corporate directors. It is the only program of its kind in Canada that leads to formal university accreditation - the Chartered Director (C.Dir.)* designation.

About SAP

SAP is the world’s leading provider of business software solutions**. Today, more than 26,150 customers in over 120 countries run more than 88,700 installations of SAP® software—from distinct solutions addressing the needs of small and midsize businesses to enterprise-scale suite solutions for global organizations. Powered by the SAP NetWeaver™ platform to drive innovation and enable business change, mySAP™ Business Suite solutions are helping enterprises around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP industry solutions support the unique business processes of more than 25 industry segments, including high tech, retail, public sector and financial services. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at <http://www.sap.com>)

(**) SAP defines business software solutions as comprising enterprise resource planning and related software solutions such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

About The Conference Board of Canada
The Conference Board of Canada is the foremost independent, not-for-profit applied research organization in Canada. We help build leadership capacity for a better Canada by creating and sharing insights on economic trends, public policy issues, and organizational performance. Our members include a broad range of Canadian organizations from the public and private sectors. The Conference Board of Canada has an annual budget of $30 million, with 200 staff located in Ottawa, and offices in Niagara-on-the-Lake and Toronto.

About McMaster University
McMaster University, one of Canada's top three research-intensive universities, has world-renowned faculty and state-of-the-art research facilities. McMaster's culture of innovation fosters a commitment to discovery and learning in teaching, research and scholarship. Based in Hamilton, the University has a student population of more than 20,000 and more than 108,000 alumni in more than 125 countries around the world. McMaster University's DeGroote School of Business is one of the leading business schools in Canada and internationally.

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