EANS-General Meeting: SAF AG / Announcement convening the extraordinary general meeting

--------------------------------------------------------------------------------
General meeting information transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Invitation

to the shareholders of

SAF Simulation, Analysis and Forecasting Ltd., Tägerwilen/Switzerland
(ISIN CH0024848738)

to the extraordinary shareholders´ meeting

Tuesday, December 7, 2010, at 10.00 a.m. (admission at 9.15 a.m.)

at the offices of Linklaters LLP
Mainzer Landstrasse 16
60325 Frankfurt a.M.
Germany

Preamble

On October 20, 2010 SAP AG with registered office in Walldorf/Germany
requested, based on art. 699 para. 3 of the Swiss Code of Obligations
and art. 8 of the articles of incorporation of the Company and due to
the resignation of board members Mr. Volker Merk and Mr. Verling
Youd, to call an extraordinary shareholders' meeting in order to
elect new board members.

Agenda and Motions of the Board

1. Elections of members of the Board of Directors

Motions of the shareholder:

1.1 election of Dr. Kerstin Geiger as a member of the Board of Directors for a
term ending at the ordinary shareholders' meeting of the business year
2011.

1.2 election of Mr. Michael Kleinemeier as a member of the Board of Directors
for a term ending at the ordinary shareholders' meeting of the business
year 2011.

Motion of the Board: approval of the motions 1.1 and 1.2 of the
shareholder.

Explanations:

Dr. Geiger (*1962) holds a doctorate degree in mechanical engineering of
the University of Karlsruhe from which university she graduated in 1994.
Dr. Geiger joined SAP AG in 1997 and for several years she has been
responsible as a Senior Vice President for SAP´s global business unit
Solution Management of the discrete and process industries. Since February
2010 Dr. Geiger is in charge of SAP´s entire industry specific product and
solution management.

Mr. Kleinemeier (*1957) is Managing Director of SAP Deutschland AG & Co.KG
since January 2010. In this function he is also responsible for SAP Austria
and SAP Switzerland. Mr. Kleinemeier has a working experience of more than
21 years with SAP and SAP-related industries and he was, among others, head
of the industry product management as well as Corporate Officer of SAP AG.
From 2001 to 2007 he was Managing Director of SAP Deutschland AG & Co. KG
and from 2004 to 2007 he was assigned Regional President for the former
sales region EMEA Central (Germany, Austria, Switzerland, Benelux). From
1999 to 2001 Mr. Kleinemeier was assigned board member of SVC AG /
intelligence AG, a partner company of SAP.

.

2. Release of Mr. Volker Merk and Mr. Verlin Youd

Mr. Volker Merk and Mr. Verlin Youd resigned as members of the Board of
Directors.

Motion of the Board: release Mr. Volker Merk and Mr. Verlin Youd.

Number of shares and voting rights As of the date of the
convocation of the shareholders' meeting the Company has issued
5,538,650 bearer shares granting the same number of voting rights.
As of the date of the convocation of the shareholders´ meeting the
Company holds 16,097 treasury shares.

Admission cards Shareholders who intend to participate in, or appoint
a representative for, the shareholders´ meeting may order their
admission card at their depositary bank until November 25, 2010, at
the latest. The depositary bank will order the admission card at SAF
Simulation, Analysis and Forecasting AG, c/o Computershare
HV-Services AG, HV-Anmeldung, Prannerstrasse 8, 80333 Munich,
Germany, fax: +49 89 30 90 37 46 75, anmeldestelle@computershare.de,
by sending a blocking confirmation, and will forward the admission
card to the shareholders. Alternatively, shareholders may order their
admission card by sending a blocking confirmation directly to
Computershare until December 1, 2010, at the latest. The shares will
be blocked until the end of the shareholders´ meeting.

According to the articles of incorporation the order of the admission
card has to be made out in the name of the shareholder. Please always
indicate your name and full address on the order.

Granting of powers of attorney

Shareholders who are unable to participate in the shareholders´
meeting may, by way of their admission card, appoint as a
representative:

a) Another person.
The power of attorney on the admission card has to be filled in, to be
signed and handed over to the representative for voting.

b) The representative of the Company.
The power of attorney on the admission card has to be filled in and sent to
Computershare until December 1, 2010 at the latest. You will receive
further information hereunto automatically with your admission card. Powers
of attorney with instructions differing from the motions of the Board of
Directors will be forwarded to the independent proxy holder.

c) The independent proxy holder, Beiten Burkhardt Rechtsanwaltsgesellschaft
mbH, Westhafen Tower, Westhafenplatz 1, 60327 Frankfurt a.M., Germany.
The power of attorney on the admission card has to be filled in, to be
signed and returned to the independent proxy holder, with or without
instructions for voting, until December 1, 2010 at the latest. Without any
explicit instructions to the contrary, the independent proxy holder will
vote according to the motions of the Board of Directors.

d) Their depositary bank.
Shareholders may directly contact their depositary bank in order to have
the depositary bank act as a proxy holder in the sense of Article 689d
Swiss Code of Obligations. Proxy holders in the sense of Article 689d OR
are kindly asked to indicate the number of shares represented by them at
the admission office until December 7, 2010, 9.45 a.m., at the latest.

Tägerwilen, November 11, 2010 On behalf of the Board of Directors
The Chairman:

Dr. Andreas von Beringe

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: SAF AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Philipp Zielke

CFO

Tel.: +41 (0) 71666 7000

e-mail: philipp.zielke@saf-ag.com

Branche: Software
ISIN: CH0024848738
WKN: A0JD78
Index: Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade