Deutsche Pfandbriefbank AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Deutsche Pfandbriefbank AG 08.06.2016 11:41Dissemination of a Voting Rights Announcement, transmitted byDGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Release according to Article 27a, Section 2 of the Wertpapierhandelsgesetz(WpHG-the German Securities Trading Act)Morgan Stanley, Wilmington, Delaware, USA, notified Deutsche PfandbriefbankAG,Unterschleissheim, Germany, that, referring to the voting rightsnotification dated 12 May 2016, Morgan Stanley,Wilmington Delaware, USA,has exceeded the threshold of 10% of the voting rights in DeutschePfandbriefbank AG and, hereby makes the following notification pursuant toSec. 27 a of the German Securities Trading Act (Wertpapierhandelsgesetz):1. The acquisition of voting rights resulting in Morgan Stanley exceedingthe notification threshold of 10% of the voting rights in DeutschePfandbriefbank AG did not serve the purpose of strategic goals; rather itwas made in the context of client facilitation.2.  Morgan Stanley may in the next 12 months acquire further voting rightsin Deutsche Pfandbriefbank AG, in particular in the context of clientfacilitation.3. Morgan Stanley does not intend to influence the composition of themanagement board, supervisory board or any other administrative body ofDeutsche Pfandbriefbank AG.4. Morgan Stanley does not intend to cause a significant change in thecapital structure of Deutsche Pfandbriefbank AG, in particular not of theratio between equity and debt financing and the dividend policy.5. The acquisition of voting rights resulting in Morgan Stanley exceedingthe notification threshold of 10% of the voting rights in DeutschePfandbriefbank AG resulted from and/or was made in the context of clientfacilitation. The acquisition was financed by a combination of external andMorgan Stanley own funds.08.06.2016 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      Deutsche Pfandbriefbank AG              Freisinger Strasse 5              85716 Unterschleissheim              GermanyInternet:     www.pfandbriefbank.com End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------