Deutsche Pfandbriefbank AG: Information concerning the realization of collateral regarding the securitization transaction Estate UK-3

Deutsche Pfandbriefbank AG  / Key word(s): Miscellaneous18.01.2016 19:59Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Munich, 18 January 2016 - Deutsche Pfandbriefbank AG, the legal successorof Hypo Real Estate Bank International AG, Stuttgart, as Issuer of theCredit Linked Notes of the "Estate UK-3" synthetic securitizationtransaction comprising,GBP 400,000 Class A1+ Floating Rate Amortising Credit-Linked Notes: WKNA0LRNQ, ISIN XS0285362082GBP 29,800,000 Class A2 Floating Rate Amortising Credit-Linked Notes: WKNA0LRNR, ISIN XS0285364963GBP 35,760,000 Class B Floating Rate Amortising Credit-Linked Notes: WKNA0LRNS, ISIN XS0285366588GBP 24,560,000 Class C Floating Rate Amortising Credit-Linked Notes: WKNA0LRNT, ISIN XS0285367982GBP 8,240,000 Class D Floating Rate Amortising Credit-Linked Notes: WKNA0LRNU, ISIN XS0285369921GBP 14,920,000 Class E Floating Rate Amortising Credit-Linked Notes: WKNA0LRNV, ISIN XS0285374509announces the sale of the collateral regarding Reference Claim No. 3. Basedon the net sales proceeds, it is expected that this will lead to a totalloss for the Floating Rate Amortising Credit Linked Notes Classes B, C, Das well as E. It is likely that this will lead to a total or at leastsubstantial loss for the Floating Rate Amortising Credit Linked Notes A2.Further, this may also concern the Floating Rate Amortising Credit LinkedNotes Class A1+.Deutsche Pfandbriefbank AG does not hold any of the above-mentioned CreditLinked Notes.Contact:Reiner Barthuber +49 (0) 89 2880 28 20118.01.2016 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:          E-mail:       info@pfandbriefbank.comInternet:     www.pfandbriefbank.comISIN:         DE0008019001, Übersicht der Eigenemissionen der Deutsche              Pfandbriefbank AG unter              www.pfandbriefbank.com/investor-relations/pflichtver              oeffentlichungen/ad-hoc-mitteilungen.html, Summary of              securities issuances of Deutsche Pfandbriefbank AG under              www.pfandbriefbank.com/en/investor-relations/mandato              ry-publications/ad-hoc-announcements.htmlWKN:          801900Indices:      MDAXListed:       Regulated Market in Frankfurt , Munich, Stuttgart; Regulated              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover;              London, Mailand, Paris, Luxemburg, SIX End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------