Deutsche Pfandbriefbank AG / Key word(s): Change of Personnel 03.06.2014 22:52 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, 3 June 2014 - Today, the CEO of Hypo Real Estate Holding AG and Deutsche Pfandbriefbank AG, Manuela Better, asked the Supervisory Boards of both companies to release her from her duties as Member of the Management Board effective end of today. The Supervisory Boards agreed, expressing regret at this request. The Supervisory Boards will take a decision on a successor to Manuela Better as CEO in due course. The Supervisory Boards have entrusted Andreas Arndt with the coordination of the Management Board work, until further notice. The Supervisory Boards expressed thanks to Manuela Better for her successful work as CEO and many years of service within the HRE Group. 03.06.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Deutsche Pfandbriefbank AG Freisinger Strasse 5 85716 Unterschleissheim Germany Phone: +49 (0) 89 2880 28 201 Fax: +49 (0) 89 2880 22 28 201 E-mail: info@pfandbriefbank.com Internet: http://www.pfandbriefbank.com ISIN: DE0008053331, Eine vollständige Übersicht der Eigenemissionen der Deutsche, Pfandbriefbank AG (ISIN, Börse, Segment) finden Sie unter, http://www.pfandbriefbank.com/debt-instruments/pflichtveroef fentlichungen/ad-hoc-mitteilungen.html WKN: 805333, Eine vollständige Übersicht der Eigenemissionen der Deutsche, Pfandbriefbank AG (ISIN, Börse, Segment) finden Sie unter, http://www.pfandbriefbank.com/debt-instruments/pflichtveroeffentlichungen/ad-hoc-mitteilungen.html Listed: Regulierter Markt in Frankfurt, München, Stuttgart; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover; London, Mailand, Paris, Luxemburg, SIX End of Announcement DGAP News-Service ---------------------------------------------------------------------------