Business Objects Shareholders Appoint Kurt Lauk as Director of the Company; Annual Shareholder Meeting Also Adopts 2003 Financial Statements and All Board Proposals

Business Wire, June 10, 2004

Business Editors/High-Tech Writers

SAN JOSE, Calif. and PARIS--(BUSINESS WIRE)--June 10, 2004

Business Objects (Nasdaq:BOBJ)(Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence solutions, announced that Kurt Lauk was appointed as a director of the company at today's shareholder meeting. The company's board of directors intends to appoint Dr. Lauk to serve on the audit committee of the Business Objects board.

In addition, Business Objects annual shareholder meeting adopted the 2003 financial statements and all other items proposed by the board of directors.

Dr. Lauk is currently president of Globe Capital Partners, an investment and advisory firm he founded in 2000. From 1996 to 1999, he served in various capacities at Daimler-Chrysler and the Mercedes-Benz Group, including senior executive vice president -- commercial vehicle division, and was a member of the chairman's integration council of Daimler-Chrysler A.G. From 1992 to 1996, Dr. Lauk was senior executive vice president of finance and controller at Veba A.G., and held a similar position at Audi A.G. from 1989 to 1992. Previously, he served in various capacities at the Boston Consulting Group, including director of the Munich office and Vice President and Director of BCG, Inc.

"We are very pleased to have Kurt Lauk join the Business Objects board of directors," said Bernard Liautaud, chairman and chief executive officer. "His strong operational, and financial experience, as well as his expertise in strategy, and his knowledge of European markets, will be an important asset to the company."

The Business Objects board of directors, listed below, now consists of ten members, six of which are independent directors:

-- Bernard Liautaud, chairman and chief executive officer,

Business Objects

-- John Olsen, chief operating officer, Business Objects

-- Bernard Charles, chief executive officer, Dassault Systems

-- Albert Eisenstat, consultant and private investor

-- Jean-Francois Heitz, consultant and private investor

-- Dr. Gerald Held, consultant

-- Dr. Kurt Lauk, president, Globe Capital Partners

-- David Peterschmidt, chief executive officer, Securify, Inc.

-- David Roux, managing member and director, Silver Lake

Technology Management

-- Arnold Silverman, consultant and private investor

About Business Objects

Business Objects is the world's leading business intelligence (BI) software company. Business intelligence enables organizations to track, understand, and manage enterprise performance. The company's solutions leverage the information that is stored in an array of corporate databases, enterprise resource planning (ERP), and customer relationship management (CRM) systems.

Popular uses of BI include enterprise reporting, management dashboards and scorecards, customer intelligence applications, financial reporting, and both customer and partner extranets. These solutions enable companies to gain visibility into their business, acquire and retain profitable customers, reduce costs, optimize the supply chain, increase productivity, and improve financial performance.

In December 2003, Business Objects completed the acquisition of Crystal Decisions, the leader in enterprise reporting. The combined product line includes software for reporting, query and analysis, performance management, analytic applications, and data integration. In addition, Business Objects offers consulting and education services to help customers effectively deploy their business intelligence projects.

Business Objects has more than 24,000 customers in over 80 countries. The company's stock is traded under the ticker symbols NASDAQ: BOBJ and Euronext Paris (ISIN: FR0004026250 - BOB). It is included in the SBF 120 and IT CAC 50 French stock market indexes. Business Objects can be reached at 408-953-6000 and http://www.businessobjects.com.

Note to Editors: Business Objects, the Business Objects logo, and BusinessObjects are trademarks or registered trademarks of Business Objects SA or its affiliated companies in the United States and other countries.