Deutsche Pfandbriefbank AG: Deutsche Pfandbriefbank AG will offer a repurchase of its bond with the ISIN DE000A1X26E7

Deutsche Pfandbriefbank AG  / Key word(s): Bond/Miscellaneous23.09.2016 09:56Disclosure of an inside information according to Article 17 MAR,transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Munich, 23 September 2016 - Deutsche Pfandbriefbank AG (pbb) has todayresolved to offer to repurchase against cash in a public tender up to anominal volume of EUR 750 million of its unsecured benchmark bond which wasissued in September 2013 with an original nominal volume of EUR 500 millionand later increased by EUR 250 million (ISIN DE000A1X26E7) due 2017 at arate of 102.09%.The repurchase offer is only valid outside of the United States of America.Further information and restrictions on the repurchase will be published ina Tender Offer Memorandum, which can be obtained from Lucid Issuer ServicesLimited as tender agent in connection with the repurchase and pbb from 23September 2016.Contact:Walter Allwicher +49 (0) 89 2880 28 78723.09.2016 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Archive at 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:         DE0008019001, Die internationalen Wertpapierkennnummern              (ISIN) weiterer von der Deutsche Pfandbriefbank AG              ausgegebener Finanzinstrumente sind abrufbar auf der Website              der Deutsche Pfandbriefbank AG unter              www.pfandbriefbank.com/investor-relations/pflichtver              oeffentlichungen/ad-hoc-mitteilungen/liste-weiterer-finanzin              stumente.html. The International Securities Identification              Numbers (ISINs) of further, financial instruments issued by              Deutsche Pfandbriefbank AG are available on Deutsche              Pfandbriefbank's Investor Relations website under              www.pfandbriefbank.com/en/investor-relations/mandato              ry-publications/ad-hoc-announcements/list-of-further-financi              al-instruments.htmlWKN:          801900Indices:      MDAXListed:       Regulated Market in Frankfurt (Prime Standard), Munich,              Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf,              Hamburg, Hanover; London, Mailand, Paris, Luxemburg, SIX End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------