Loblaw Selects SAP to Strengthen Its Business Processes in Canada

TORONTO - November 10, 2008 - SAP Canada Inc., a subsidiary of SAP AG (NYSE:SAP), today provided more details about its licensing arrangement with Loblaw Companies Limited (Loblaw), which announced in early October that SAP had been selected to provide software for the renewal and enhancement of its information systems and processes.

Loblaw, Canada's largest food distributor and a leading provider of drugstore, general merchandise products, and financial products and services, will leverage the SAP NetWeaver® technology platform. The company will also implement functionality from the SAP® ERP application for enterprise resource planning and the SAP® for Retail solutions to replace its legacy applications.

"We chose SAP because its solutions are industry-proven, require minimal customization and can offer true end-to-end integrated capabilities," said Catherine Booth, senior vice president, information technology, Loblaw Companies Limited. "This in turn will not only help us mitigate risk, but through the use of these solutions, will allow us to be more efficient in our processes."

Using a phased and structured rollout, Loblaw will leverage SAP to drive improvements in the company's order management, perpetual inventory, pricing management, financials, human resources and master data management.

"Today's market dynamics have created an environment where companies of all sizes are required to improve their business processes, bring products to market faster and more efficiently, optimize their inventory and enhance their competitive position," said Mark Aboud, president and managing director, SAP Canada. "By aligning its business strategy with the right IT investment, Loblaw can build a foundation to drive its growth strategy and continue to deliver quality products to its customers for many years to come."

"Highly competitive industry vertical markets, such as the retail sector, are looking for IT solutions that are open and robust, technologically advanced and most importantly, have a predictable road map for future IT investments," said Aboud. "That's where SAP comes in and is the reason why leading companies continue to choose SAP to power their businesses."

Loblaw joins more than 6,200 retailers worldwide that use SAP solutions to increase productivity, better manage and respond to customers' needs and enhance overall business results.

About Loblaw Companies Limited
Loblaw Companies Limited (TSX: L) is Canada's largest food distributor and a leading provider of drugstore, general merchandise and financial products and services. Loblaw is also one of the largest private sector employers in Canada, with over 140,000 full-time and part-time employees executing its business strategy in more than 1,000 corporate and franchised stores from coast to coast. Loblaw is a subsidiary of George Weston Limited (TSX: WN).

About SAP Canada Inc.
SAP Canada Inc., based in Toronto, is a subsidiary of SAP AG (NYSE:SAP), the world's leading provider of business software*. SAP applications are helping Canadian enterprises of all sizes improve productivity and customer relationships, reduce costs, increase revenues and profitability, and create efficiencies across supply chains and business operations. SAP Labs Canada, a division of SAP Canada Inc., develops cutting-edge software for a wide array of SAP applications from its Montreal, Toronto and Vancouver locations.

SAP Canada and Business Objects, an SAP company, have collectively more than 1,200 customers and over 2,300 employees across Canada.

For further information, please visit www.sap.ca.

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 approximately 76,000 customers (includes customers from the acquisition of Business Objects) 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 www.sap.com)

(*) SAP defines business software as comprising enterprise resource planning and related applications.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP or Loblaw are intended to identify such forward-looking statements. Neither SAP nor Loblaw undertakes an obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The risks and factors that could affect SAP's and Loblaw's future financial results are discussed more fully in SAP's and Loblaw's filings with the U.S. Securities and Exchange Commission ("SEC") and the Canadian securities regulators, respectively, including SAP's most recent Annual Report on Form 20-F filed with the SEC and Loblaw's 2007 Annual Report and Second Quarter 2008 Interim Report, which is available at www.sedar.com. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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