##### 



EXHIBIT 8

SUBSIDIARIES, ASSOCIATED COMPANIES AND OTHER
INVESTMENTS

as of December 31, 2002

|                                                                                                                        |  |  |  | 
|----------------------------------------------------------------------------------------------------------------------- |  |  |  | 
|Name and location of company                                                                                            |  | 
|                                                                                                                        |  | 
|I. AFFILIATED COMPANIES                                                                                                 |  |  |  | 
|GERMANY                                                                                                                 |  |  |  | 
|SAP Deutschland AG & Co. KG, Walldorf                                                                                   |  |  |  | 
|SAP Systems Integration AG, Dresden                                                                                     |  |  |  | 
|SAP Retail Solutions GmbH & Co. KG, St.
    Ingbert                                                                     |  |  |  | 
|Steeb Anwendungssysteme GmbH, Abstatt                                                                                   |  |  |  | 
|SAP Portals Europe GmbH, Walldorf                                                                                       |  |  |  | 
|COPA GmbH, Wesel                                                                                                        |  |  |  | 
|SAP Hosting AG & Co. KG, St. Leon-Rot                                                                                   |  |  |  | 
|SAP Learning Solutions GmbH, Immenstaad                                                                                 |  |  |  | 
|SAP Beteiligungs GmbH, Walldorf                                                                                         |  |  |  | 
|SAP Software Holding GmbH, St. Ingbert                                                                                  |  |  |  | 
|SAPHosting Beteiligungs GmbH, St. Leon-Rot                                                                              |  |  |  | 
|SAP Retail Solutions Beteiligungsgesellschaft
    mbH, Walldorf                                                         |  |  |  | 
|SAP Investment- und Beteiligungs GmbH, Mannheim                                                                         |  |  |  | 
|e-SAP.de Beteiligungs GmbH, Walldorf                                                                                    |  |  |  | 
|SAP Portals Holding Beteiligungs GmbH, Walldorf                                                                         |  |  |  | 
|sky7home GmbH, Walldorf                                                                                                 |  |  |  | 
|SAP Beteiligungsverwaltungs GmbH, Walldorf                                                                              |  |  |  | 
|SAP System Integration Consulting GmbH, Walldorf                                                                        |  |  |  | 
|REST OF EUROPE / MIDDLE
    EAST / AFRICA                                                                               |  |  |  | 
|SAP (UK) Limited, Feltham/ Great Britain                                                                                |  |  |  | 
|SAP FRANCE S.A., Paris/ France                                                                                          |  |  |  | 
|SAP (Schweiz) AG, Biel/ Switzerland                                                                                     |  |  |  | 
|SAP ITALIA Sistemi, applicazioni, prodotti in
    data processing s.p.a., Milan/ Italy                                  |  |  |  | 
|SAP Nederland B.V., s Hertogenbosch/ The
    Netherlands                                                               |  |  |  | 
|SAP Österreich GmbH, Vienna/ Austria                                                                                    |  |  |  | 
|SAP España Sistemas Aplicaciones y Productos
    en la Informática, S.A., Madrid/ Spain                                 |  |  |  | 
|SAP Belgium N.V.-S.A., Brussels/ Belgium                                                                                |  |  |  | 
|SAP Svenska Aktiebolag, Stockholm/ Sweden                                                                               |  |  |  | 
|SAP Danmark A/ S, Copenhagen/ Denmark                                                                                   |  |  |  | 
|SAP Finland Oy, Espoo/ Finland                                                                                          |  |  |  | 
|SAP Portugal  Sistemas,
    Aplicações e Produtos Informáticos, Sociedade
    Unipessoal, Lda., Paco dArços/ Portugal |  |  |  | 
|SAP (Africa) (Proprietary) Limited, Woodmead/
    South Africa                                                          |  |  |  | 
|SAP CR, spol. s.r.o., Prague/ Czech Republik                                                                            |  |  |  | 
|LLC SAP C.I.S. and Baltic States,
    Moscow/ Russia                                                                  |  |  |  | 
|SAP Portals Israel Ltd., Raanana/ Israel                                                                               |  |  |  | 
|SAP Norge AS, Lysaker/ Norway                                                                                           |  |  |  | 
|SAP Polska Sp. z.o.o., Warsaw/ Poland                                                                                   |  |  |  | 
|SAP Hungary Rendszerek, Alkalmazások és
    Termékek az Adatfeldolgozásban Informatikai Kft.,
    Budapest/ Hungary     |  |  |  | 
|SAP Hellas Systems Application and Data
    Processing S.A., Athens/ Greece                                           |  |  |  | 
|SAP Service and Support Centre (Ireland) Limited,
    Dublin/ Ireland                                                   |  |  |  | 
|SAP Public Services (Pty) Ltd., Woodmead/ South
    Africa                                                              |  |  |  | 
|SAP Slovensko s.r.o., Bratislava/ Slovakia                                                                              |  |  |  | 
|SAP Labs France S.A., Mougins/ France                                                                                   |  |  |  | 
|SAP sistemi, aplikacije in produkti za obdelavo
    podatkov d.o.o., Ljubljana/ Slovenia                                |  |  |  | 
|SAP Türkiye Yazilim Üretim ve Tic.
    A.S., Istanbul/ Turkey                                                           |  |  |  | 
|SAP Systems Integration (Schweiz) AG, Frauenfeld/
    Switzerland                                                       |  |  |  | 
|SAP Portals UK, Feltham/ Great Britain                                                                                  |  |  |  | 
|SYNTONY S.A., Dardilly/ France                                                                                          |  |  |  | 
|SAP Labs Israel Ltd., Industrial Area Herzliya/
    Israel                                                              |  |  |  | 
|SAP Ireland Limited, Dublin/ Ireland                                                                                    |  |  |  | 
|SAP Manage Ltd., Tel Aviv/ Israel                                                                                       |  |  |  | 
|SAP d.o.o., Zagreb/ Croatia                                                                                             |  |  |  | 
|SAP Labs Bulgaria EOOD, Sofia/ Bulgaria                                                                                 |  |  |  | 



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##### 



EXHIBIT 8


|                                                                                                 |  |  |  | 
|------------------------------------------------------------------------------------------------ |  |  |  | 
|Name and location of company                                                                     |  | 
|                                                                                                 |  | 
|SAP Bulgaria EOOD, Sofia/ Bulgaria                                                               |  |  |  | 
|SAP Nigeria Ltd, Lagos/ Nigeria                                                                  |  |  |  | 
|SAP Cyprus Ltd., Nicosia/ Cyprus                                                                 |  |  |  | 
|LLC SAP Ukraine, Kiev/ Ukraine                                                                 |  |  |  | 
|Ambin Properties (Pty) Ltd., Woodmead/ South
    Africa                                          |  |  |  | 
|IthinQ.com (Pty) Ltd., Woodmead/ South Africa                                                    |  |  |  | 
|SAP Portals Nederland B.V.,
    s-Hertogenbosch/ The Netherlands                                |  |  |  | 
|KGM 46 Investments (Pty) Limited, Woodmead/ South
    Africa                                     |  |  |  | 
|AMERICAS                                                                                         |  |  |  | 
|SAP America, Inc., Newtown Square/ USA                                                           |  |  |  | 
|SAP Markets, Inc. i.L., Palo Alto/ USA                                                           |  |  |  | 
|SAP Canada Inc., North York/ Canada                                                              |  |  |  | 
|SAP Public Services, Inc., Washington D.C./ USA                                                  |  |  |  | 
|SAP Labs, LLC, Palo Alto/ USA                                                                    |  |  |  | 
|SAP Brasil Ltda., Sao Paulo/ Brazil                                                              |  |  |  | 
|SAP México, S.A. de C.V., Mexico City/ Mexico                                                    |  |  |  | 
|SAP Global Marketing Inc., Delaware/ USA                                                         |  |  |  | 
|SAP ANDINA Y DEL CARIBE C.A., Caracas/ Venezuela                                                 |  |  |  | 
|SAP ARGENTINA S.A., Buenos Aires/ Argentina                                                      |  |  |  | 
|SAP Systems Integration America, LLC., Atlanta/
    USA                                          |  |  |  | 
|SAP International, Inc., Miami/ USA                                                              |  |  |  | 
|SAP Properties, Inc., Newtown Square/ USA                                                        |  |  |  | 
|SAP Systems Integration America Holding, Inc.,
    Newtown Square/ USA                           |  |  |  | 
|SAP Investments, Inc., Wilmington/ USA                                                           |  |  |  | 
|ASIA/PACIFIC                                                                                     |  |  |  | 
|SAP JAPAN Co., Ltd., Tokio/ Japan                                                                |  |  |  | 
|SAP AUSTRALIA PTY LTD, Sydney/ Australia                                                         |  |  |  | 
|SAP Asia Pte. Ltd., Singapore                                                                    |  |  |  | 
|SAP INDIA SYSTEMS, APPLICATIONS AND PRODUCTS IN
    DATA PROCESSING                              |  |  |  | 
|PRIVATE LIMITED, Bangalore/ India                                                                |  |  |  | 
|SAP Korea Limited, Seoul/ Korea                                                                  |  |  |  | 
|SAP MALAYSIA SDN. BHD., Kuala Lumpur/ Malaysia                                                   |  |  |  | 
|SAP (Beijing) Software System Co., Ltd., Beijing/
    China                                      |  |  |  | 
|SAP HONG KONG CO. LIMITED, Taikoo Shing/ Hong Kong                                               |  |  |  | 
|SAP Labs India Private Limited, Bangalore/ India                                                 |  |  |  | 
|SAP SYSTEMS, APPLICATIONS AND PRODUCTS IN DATA
    PROCESSING (THAILAND) LTD., Bangkok/ Thailand |  |  |  | 
|SAP NEW ZEALAND LIMITED, Auckland/ New Zealand                                                   |  |  |  | 
|SAP Taiwan Co., Ltd., Taipei/ Taiwan                                                             |  |  |  | 
|PT SAP Indonesia, Jakarta/ Indonesia                                                             |  |  |  | 
|SAP Philippines, Inc., Makati City/ Philippines                                                  |  |  |  | 
|SAPMARKETS ASIA PACIFIC SOLUTIONS PTE LTD,
    Singapore                                         |  |  |  | 
|SAP India (Holding) Pte. Ltd., Singapore                                                         |  |  |  | 
|II. ASSOCIATED COMPANIES                                                                         |  |  |  | 
|Commerce One, Inc., Pleasanton/ USA                                                              |  |  |  | 
|Global Virtual Marketplace GmbH, Munich/ Germany                                                 |  |  |  | 
|ec4ec.GmbH, Düsseldorf/ Germany                                                                  |  |  |  | 
|SAP LEARNING SOLUTIONS PTE LTD, Singapore                                                        |  |  |  | 
|Pandesic LLC i.L., Newtown Square/ USA                                                           |  |  |  | 
|III. OTHER INVESTMENTS (ownership of five
    or more percent)                                   |  |  |  | 
|ABACO P.R., Inc., Roswell/ USA                                                                   |  |  |  | 
|Achilles Group Ltd., Oxon/ Great Britain                                                         |  |  |  | 
|Catalyst International Inc., Milwaukee/ USA                                                      |  |  |  | 
|cc-chemplorer Ltd., Dublin/ Ireland                                                              |  |  |  | 
|Centrade, a.s., Prag/ Czech Republic                                                             |  |  |  | 
|CoVia Technologies Inc. Mountain View/ USA                                                       |  |  |  | 
|CPGmarket.com SA, Geneva/ Switzerland                                                            |  |  |  | 
|Datria Systems Inc., Englewood/ USA                                                              |  |  |  | 



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##### 



EXHIBIT 8


|                                                                            |  |  |  | 
|--------------------------------------------------------------------------- |  |  |  | 
|Name and location of company                                                |  | 
|                                                                            |  | 
|DFKI GmbH, Kaiserslautern/ Germany                                          |  |  |  | 
|e-millennium 1 GmbH & Co. KG, Munich/ Germany                               |  |  |  | 
|Grau Data Storage AG, Schwäbisch Gmünd/
    Germany                         |  |  |  | 
|Human Resource Management & Consulting Co.
    Ltd., Tokyo/ Japan           |  |  |  | 
|imc information multimedia communication GmbH,
    Saarbrücken/ Germany     |  |  |  | 
|Intalio Inc., San Mateo/ USA                                                |  |  |  | 
|Iwaytrade.com  Serviços de
    Informação, S.A., Lisbon/ Portugal          |  |  |  | 
|Jet2Web Bizmarket e-Business Services GmbH,
    Vienna/ Austria             |  |  |  | 
|Marketline Internet Szolgáltató
    Részvénytársaság, Budapest/ Hungary     |  |  |  | 
|mysaar.com Betreibergesellschaft mbH & Co.
    KG, Saarbrücken/ Germany     |  |  |  | 
|mysaar.com Betreibergesellschaft Verwaltungs
    GmbH, Saarbrücken/ Germany |  |  |  | 
|Onventis GmbH, Stuttgart/ Germany                                           |  |  |  | 
|Ops Technology Inc., San Francisco/ USA                                     |  |  |  | 
|Orbian Corp., Bermuda/ USA                                                  |  |  |  | 
|Powersim Corporation, Virginia/ USA                                         |  |  |  | 
|ProSyst Software AG, Cologne/ Germany                                       |  |  |  | 
|Realize Corporation, Tokyo/ Japan                                           |  |  |  | 
|SALT AG, Würzburg/ Germany                                                  |  |  |  | 
|SupplyOn AG, Hallbergmoos/ Germany                                          |  |  |  | 
|UTILITePlace AG, Hamburg/ Germany                                           |  |  |  | 
|VCB Virtueller Campus Bayern GmbH, Hof (Saale)/
    Germany                 |  |  |  | 
|Venture Beteiligungs GbR, Stuttgart/ Germany                                |  |  |  | 
|YellowMap AG, Karlsruhe/ Germany                                            |  |  |  |