CEO Remarks

1. CEO Remarks • John Chen • Chairman, CEO and President • Sybase, Inc.

2. Strongest Point in Sybase’s History 2000+ 2001 Revenue • Financial success • Core business growth • Brand awareness • Partner awareness • New business growth • Acquired New Era of Networks • Created e-Business Division • Created v-Business Group • Announced solution in Telecommunication market Profits/Cash • Ignite growth engines • Complete transition to vertical and solutions focus

3. 2000 revenue of $961M FY 2000 earnings highest in history – NI $116M, EPS $1.25 Q2 2001 EPS $0.24 – ahead of First Call estimates Cash balance - $368M as of June 30, 2001 Thirteen consecutive quarters of pro forma profitability Solid and growing customer base Financial and Operating Performance AT&T AETNA BANK OF AMERICA J.P. MORGAN CITIGROUP FANNIE MAE FEDERAL EXPRESS GOLDMAN SACHS LEHMAN BROTHERS LUCENT TECHNOLOGIES MERRILL LYNCH METROPOLITAN LIFE MORGAN STANLEY PEPSICO WELLS FARGO REVENUES [MILLIONS OF DOLLARS] 961 871 867

4. Sybase Strategy • Enforce Sybase as an e-Business Solutions Provider • 1)Increase revenue and profitability in core business • Database and Rapid Application Development • 2)Build the Sybase brand using high profile events • 3) Continue to invest in our three growth areas • e-Business infrastructure • m-Business • v-Business

5. Introducing ASE 12.5Strongest Product Release in Sybase’s History

6. Sybase Focus Increase database revenue to be better than market growth rate Customer satisfaction: retention/renewal at 96% and satisfaction increased from 84% to 89% Next generation database and replication: released ASE 12.5 Next generation application development: released PowerBuilder 8.0 Increase Traction with Partners Infrastructure: BMC, Embarcadero Application: Documentum, BroadVision Enter New Markets Storage farms, applications, and function appliances Grow ASE Market Share Technology Partners Satisfied customers Special new programs – pricing and database services Core Business Growth

7. Brand AwarenessHigh Profile Events N E W YO R K S T O C K E X C H A N G E • Sponsored Sybase Open, successful meetings with customers, partners, and analysts. • Listing on NYSE heralds a new chapter in company’s history. • NYSE event allowed closer contact and raised awareness with some of our key financial services customers. • Big Apple Classic strengthened relationships with key accounts and attracted millions of television viewers and thousands of attendees.

8. New Product Announcements and Enhancements EP - Express Edition Adaptive Server Enterprise® 12.5 Sybase Communication e-Business Solution Enterprise Application Server 4.0 Industry Warehouse Studio for Media PowerDesigner® 8.0 and PowerBuilder® 8.0 Partnerships Casio Motorola Interwoven Nokia Customer Wins U.S. Army Civil Affairs Cosco PEXEC PMI Globe Telecom Nielsen Media Southwire Brand AwarenessContinue the Momentum

9. Industry Market Awareness Enterprise Portals EAI Mobile Database e-Finance *Source: Norma Schroder, "Overview of 2000 DBMS Market Size, Vendor hares and Forecast,” GartnerGroup’s Dataquest.

10. Press Awareness 2001 WebStar Service Award Sybase EP #1 in Brazil

11. Partner Awareness • Major Partner • Market

12. Strategic Growth Initiatives • e-Business Platform • Enterprise Portals • EnterpriseIntegration $4.8Bn (2000)  34.6Bn (2004) Source: IDC 2000 1 • m-Business • Mobile Server • Wireless markets $137M (2000)  1.4Bn (2005) Source: IDC 2001 2 • v-Business • Financial services • Telecommunications • Healthcare • Media Internet Banking: $1.0Bn (2000)  $6.5Bn (2005) Source: Tower Group Telecommunications $1.5Bn (2001)  $2.5Bn (2003) Source: Yankee Group 3 Goal: One of the top three players in each market; beginning to demonstrate results.

13. Sybase Has All the Layers in the e-Business Platform Enterprise Portal Today: Challenge of integrating your existing assets and delivering through a portal Application and Data Integration Mobile and Wireless Content Delivery 1999: Mobile and wireless distribution Application Development and Application Server 1998: Y2K focus and Internet pilots Data Warehouse and Analysis 1980s: Information was disseminated from the mainframe to client/server stored in RDBMS Client/Server Database Replication and Distributed Access

14. Siebel BroadVision Email Fin & Tel MedPortal MedMrg. MedSec. Open Business Interchange Process Server Process Accelerators SAP Time Tracker E&L Trad. Rapport SAP Oracle PeopleSoft JD Edwards SWIFT, FIX Legacy Financial, Telco Servers BMTO eMktLink Wireless Server IWS PowerJ PowerDesigner PowerBuilder Replication, DirectConnect, MainframeConnect, Event Broker, Adapters (SAP, Siebel, etc.) e-Biz Integrator, Process Server, e-Biz 2000 i2 EDI, XML CommerceOne Peregrine EAServer, ASE, Security, Search, Systems Management Adapter Developer Kit IQ Multiplex ASA & Ultralite Sybase e-Business Platform Trading Partners Net Markets Partner Employee Customer F I R E W A L L Customer Facing Mobile Vertical B2B Front Office Business Process Integration Services Back Office Integration & Messaging Services Adapters Application Development Services e-Business Foundation Supply Chain Specialty Data Stores

15. e-Business Platform Comparison

16. Shipped SQL Anywhere Studio 7.0.3 New Products m-Business Studio iAnywhere Wireless Server 2.0.1 iAnywhere Mobile Manager m-Business Solutions • Premier provider of m-Business products and services • Mobile & wireless e-Business solutions and services • Mobile & workgroup data management & synchronization products • Wireless application platform • Mobile database market leader for 5th consecutive year with 68% market share* • 2000 revenue of $92M • Q2 pro forma operating margin of 27% • *Source: Norma Schroder, "Overview of 2000 DBMS Market Size, Vendor Shares and Forecast," GartnerGroup’s Dataquest.

17. m-Business PlatformComplete Product Stack

18. iAnywhere Strategic Partnerships • Palm Computing • Teaming to enable mobile enterprise solutions for the Palm platform and Palm.net • Casio • Selling hand-helds that include database and synchronization technology • Strengthened strategic relationship through investment in application development • PriceWaterhouse Coopers • Joint initiative to deliver mobile SAP applications • Ericsson • Alliance to deliver mobile banking using Wireless Server • Other partners • Motorola • Rim • Compaq P A R T N E R S • Cisco • Lucent • Northern Telecom

19. v-BusinessRetail and Capital Markets • 7 new product offerings • Integrated New Era of Networks offerings • SWIFT, Trade order management, STP/GSTP process flow • Delivered $12.7M revenues 1st half of 2001 • Launched 11 banks including Amex, ABN, Marquette, Washington Mutual, and Wells Fargo • Published first ever STP performance test • Selected for IBM Websphere advisory council • Ranked in Software Magazine’s Top 500

20. Financial Fusion, Inc.Products and Technology • Financial Fusion Applications • Web and wireless system • Featuring the “Four Pillars” • Website design • Transactions • Content aggregation • Relationship marketing Financial Fusion Server • Multi-functional, middleware platform • Highly reliable and scalable • Optimized for retail delivery and capital markets (Global FIX)

21. All Star Global Client List (Partial Financial Fusion List)

22. Created v-Business Group Dedicated Senior Management Richard Moore will establish vision and mission, develop go to market strategies, build alliances, and develop new, diversified revenues streams for Sybase Telecommunications Sybase communications e-Business solution A new suite of eCare and eCommerce applications with a vertical focus in telecommunications integrated and presented over the web with all the benefits of Enterprise Portal and Industry Warehouse Studio Healthcare Sybase HIPAA Toolkit New Verticals Industry Warehouse Studio for Media Expanding Vertical Opportunitiesv-Business W E P U R S U E D A P O W E R F U L e - B U S I N E S S S T R A T E G Y FO C U S E D O N 3 C L O S E L Y C O N N E C T E D I N I T I A T I V E S

23. 2001 Financial Targets • Sybase 2001 earnings per share of $1.10 to $1.20 • Sybase 2001 revenues targeted at approximately $962-$980M $1,200 REVENUES [MILLIONS OF DOLLARS] $1,100 960 - 980 $1,000 960 $900 871 867 $800 1998 1999 2000 2001E

24. Increase revenue volume through partners More emphasis on system integrators Increase database revenue to be better than market growth rate Increase revenue in new growth markets Business Targets

25. Market Leader Number one database provider for financial service companies Top three player in Enterprise Portals Number one market share in mobile databases Number one provider of online banking solutions to largest financial institutions Leader among business intelligence companies for new media solutions Core Strengths Installed customer base Solid expense management Positive cash flows Track record of profitability Well Positioned for Future Growth

26. Statements in this presentation concerning future prospects, business outlook, operating results, and product availability are forward looking statements that involve a number of uncertainties and risks. Factors that could cause actual events or results to differ materially include: sales productivity; possible disruptive effects of organizational changes; shifts in customer demand; perceptions of the Company and its prospects; technological changes; competitive factors; unanticipated delays in scheduled product availability dates; general business conditions; and other factors described in the Company's most recent Annual Report on Form 10-K. Sybase, Inc. F O R W A R D L O O K I N G S T A T E M E N T S “Sybase PowerDesigner, Adaptive Server, PowerBuilder, Replication Server, Direct Connect, Enterprise Connect, DataWindow, PowerJ, and Everything Works Better When Everything Works Together are trademarks or registered trademarks of Sybase, Inc. Financial Fusion is a registered trademark of Financial Fusion, Inc. Java and all Java-based marks are trademarks or registered trademarks of Sun Microsystems, Inc. in the U.S. and other countries. Other trademarks, product names or company names may be trademarks of the respective companies with which they are associated."