Solution : https://service.sap.com/sap/support/notes/851938 (SAP Service marketplace login required)
Key words :
settings\<user-id>\local settings\application data, /bw/<systemid>/wadmd/<version>/<language>, settings\<user-id>\application data, & attached \sap\bex\wad\md\, bex web application designer, temp local environment variable, web design time reason, local application directory, users\application data, sap netweaver 2004s
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