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 25.11.2015 14:15Dissemination of a Voting Rights Announcement, transmitted byDGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Notification of voting rights pursuant to Art. 25a WpHGWe received the following notification pursuant to Art. 25a WpHG onNovember 25, 2015:1. Listed company:Deutsche Pfandbriefbank AGFreisinger Strasse 5, 85716 Unterschleissheim, Germany2. Notifier:Morgan Stanley, Wilmington, Delaware, United States 3. Triggering event:Exceeding Threshold4. Threshold(s) crossed or reached:5%5. Date at which the threshold is crossed or reached:19.11.20156. Total amount of voting rights:8.82% (equals 11858385 voting rights)calculated from the following total number of voting rights issued:1344753087. Detailed information on the voting rights proportion:Voting rights proportion based on financial/other instruments pursuant toArt. 25a, Sec. 1 WpHG:0.10% (equals 128108 voting rights)thereof held indirectly:0.10% (equals 128108 voting rights)Voting rights proportion based on financial/other instruments pursuant toArt. 25 WpHG:6.35% (equals 8538342 voting rights)thereof held indirectly:6.35% (equals 8538342 voting rights)Voting rights pursuant to Art. 21, 22 WpHG:2.37% (equals 3191935 voting rights)8. Detailed information on financial/other instruments pursuant to Art. 25aWpHG:Chain of controlled undertakings:Morgan Stanley International Holdings Inc., MS Equity Financing Services(Luxembourg) SarlISIN or name/description of the financial/other instrument: Cash-SettledSwapExpiration date: 31.10.2016xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxNotification of voting rights pursuant to Art. 25a WpHGWe received the following notification pursuant to Art. 25a WpHG onNovember 25, 2015:1. Listed company:Deutsche Pfandbriefbank AGFreisinger Strasse 5, 85716 Unterschleissheim, Germany2. Notifier:Morgan Stanley International Holdings Inc., Wilmington, Delaware, UnitedStates3. Triggering event:Exceeding Threshold4. Threshold(s) crossed or reached:5%5. Date at which the threshold is crossed or reached:19.11.20156. Total amount of voting rights:6.44% (equals 8666640 voting rights)calculated from the following total number of voting rights issued:1344753087. Detailed information on the voting rights proportion:Voting rights proportion based on financial/other instruments pursuant toArt. 25a, Sec. 1 WpHG:0.10% (equals 128108 voting rights)thereof held indirectly:0.10% (equals 128108 voting rights)Voting rights proportion based on financial/other instruments pursuant toArt. 25 WpHG:6.35% (equals 8538342 voting rights)thereof held indirectly:6.35% (equals 8538342 voting rights)Voting rights pursuant to Art. 21, 22 WpHG:0.0001% (equals 190 voting rights)8. Detailed information on financial/other instruments pursuant to Art. 25aWpHG:Chain of controlled undertakings:MS Equity Financing Services (Luxembourg) SarlISIN or name/description of the financial/other instrument: Cash-SettledSwapExpiration date: 31.10.201625.11.2015 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              GermanyInternet:     www.pfandbriefbank.com End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------