Deutsche Pfandbriefbank AG: Deutsche Pfandbriefbank AG further provisions in the amount of EUR 79 million for Heta Asset Resolution AG's debt securities, guaranteed by the Austrian federal state of Carinthia

Deutsche Pfandbriefbank AG  / Key word(s): Quarter Results15.04.2015 22:04Dissemination of an Ad-hoc-update according to § 15 WpHG, transmitted byDGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------With ad-hoc-announcement dated March 6th, 2015, Deutsche Pfandbriefbank AG(pbb) already informed on provisions in the amount of EUR 120 million,effective for the financial year 2014, made for its receivables against thewind-down entity Heta Asset Resolution AG (Heta), which are deficiencyguaranteed by the Austrian federal state of Carinthia.Pursuant to a Management Board resolution taken on 15th April 2015, pbb hasnow, as a precaution, made further provisions of EUR 79 million in the Q12015 results for its mentioned receivables against Heta. Together with theprovisions of EUR 120 million made in the 2014 full year results, theprovisioning was therefore increased to a total of 50 percent of thenotional value of the receivables against Heta. This increase was madefollowing recommendations made by the Financial Regulators.Link to the ad-hoc-announcement dated March 6th, 2015:http://www.dgap.de/dgap/News/adhoc/deutsche-pfandbriefbank-deutsche-pfandbriefbank-provisions-for-heta-debt-securities-covered-letter-indemnity-issued-the-austrian-federal-state-carinthia-the-financial-statements-taking-charge-against-income-eur-million/?companyID=1079&newsID=84923715.04.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      Deutsche Pfandbriefbank AG              Freisinger Strasse 5              85716 Unterschleissheim              GermanyPhone:        +49 (0) 89 2880 28 201Fax:          +49 (0) 89 2880 22 28 201E-mail:       info@pfandbriefbank.comInternet:     www.pfandbriefbank.comISIN:         DE0008053331, Eine vollständige Übersicht der Eigenemissionen              der Deutsche, Pfandbriefbank AG (ISIN, Börse, Segment) finden              Sie unter,              www.pfandbriefbank.com/investor-relations/pflichtvero              effentlichungen/ad-hoc-mitteilungen.htmlWKN:          805333, Eine vollständige Übersicht der Eigenemissionen der Deutsche, Pfandbriefbank AG (ISIN, Börse, Segment) finden Sie unter, www.pfandbriefbank.com/investor-relations/pflichtveroeffentlichungen/ad-hoc-mitteilungen.htmlListed:       Regulated Market in Frankfurt (Corporate Bonds), Munich,              Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf,              Hamburg, Hanover; London, Mailand, Paris, Luxemburg, SIX End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------