Business Objects Announces Upcoming Retirement of CFO Thomas Weatherford; Weatherford Will Leave at the End of 2002 and Ensure Transition with New CFO.

Business Editors/High-Tech Writers

SAN JOSE, Calif. & PARIS--(BUSINESS WIRE)--Sept. 4, 2002

Business Objects (Nasdaq:BOBJ)(Euronext Paris: Euroclear code 12074), the world's leading provider of business intelligence (BI) solutions, today announced that executive vice president and chief financial officer Thomas Weatherford will retire from Business Objects at the end of 2002. He will exercise full responsibility and provide transition until a new CFO joins Business Objects, which the company expects will be before the end of the year.

"Thom's contributions and guidance have helped Business Objects achieve a leadership position in the business intelligence market, and have created a culture of financial discipline and rigor that are now central to the company's operations. During his five years as CFO, we have grown profitability every year, and our consistent performance has helped build a strong reputation in the investment community," said Bernard Liautaud, chief executive officer of Business Objects.

"It has been a special five years. I want to thank Bernard, our board, our employees, the finance organization, and the investment community for these years. After 32 years in technology around the world, it is a natural career evolution to now focus my efforts at the advisor and board level. While there is never a perfect time to leave a job that you enjoy, Business Objects' balance sheet and overall financial position have never been stronger, so I can make this change now and remain confident in the company's future. I will continue to be highly involved on a day-to-day basis until the new CFO is fully in place," said Weatherford.

The search for Mr. Weatherford's successor is currently underway.

About Business Objects

Business Objects is the world's leading provider of business intelligence (BI) solutions. Business intelligence lets organizations access, analyze, and share information internally with employees and externally with customers, suppliers, and partners. It helps organizations improve operational efficiency, build profitable customer relationships, and develop differentiated product offerings.

The company's products include data integration tools, the industry's leading integrated business intelligence platform, and a suite of enterprise analytic applications. Business Objects is the first to offer a complete BI solution that is composed of best-of-breed components, giving organizations the means to deploy, end-to-end BI to the enterprise, from data extraction to analytic applications.

Business Objects has more than 16,000 customers in over 80 countries. The company's stock is publicly traded under the ticker symbols NASDAQ: BOBJ and Euronext Paris (Euroclear code 12074). 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 www.businessobjects.com.

Note to Editors: BusinessObjects is a trademark of Business Objects SA. All other company, product, or brand names mentioned herein, may be trademarks of their respective owners.