Deutsche Pfandbriefbank AG: SoFFin approves further and continued support for HRE Group

Deutsche Pfandbriefbank AG / Corporate Action04.11.2009 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted byDGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Deutsche Pfandbriefbank AG: SoFFin approves further and continued supportfor HRE Group- Next tranche of recapitalisation: EUR 3 billion- Liquidity guarantees extended until 30 June 2010Munich, 4 November 2009 - On Wednesday, the Steering Committee of theGerman Financial Markets Stabilisation Fund ('SoFFin') decided to extendthe support provided to Hypo Real Estate (HRE). The Group will receive acapital contribution of EUR 3.0 billion in a further tranche. The SteeringCommittee also decided to extend the EUR 52 billion liquidity guaranteefacility until 30 June 2010, originally in place until 18 November 2009.The EUR 3.0 billion capital contribution is intended to be made to HypoReal Estate Holding AG (HRE Holding) and Deutsche Pfandbriefbank AG(Deutsche Pfandbriefbank). SoFFin will contribute EUR 0.7 billion to HREHolding's reserves, of which HRE Holding will initially pass on EUR 0.3billion to DEPFA BANK plc via a contribution to reserves. SoFFin willcontribute EUR 1.3 billion to Deutsche Pfandbriefbank's reserves, and willalso provide a EUR 1.0 billion silent partnership contribution. In linewith the German stock corporation act, this capital contribution via asilent partnership contribution has to be approved by the SupervisoryBoard. Approval by the EU Commission for the capital contribution, whichwas approved by SoFFin on Wednesday, is expected within the next few days.The total support for HRE from the government is being reviewed within thescope of ongoing EU state aid proceedings. Following the conclusion ofthese proceedings, and dependent on the outcome of a final review, SoFFinmay set up a deconsolidated environment for non-strategic or non-performingassets and will decide on the final recapitalization of HRE.The EUR 52 billion liquidity guarantee facility, the term of which wasextended by the SoFFin Steering Committee today, has been in place sinceearly February 2009. The facility is to be extended to the same terms andconditions: as the beneficiary of the guarantees, Deutsche Pfandbriefbankwill pay SoFFin a pro-rata commitment commission of 0.1% on the undrawnportion of the framework guarantee, and a 0.5% p.a. fee on guarantees drawnupon.Contact:Reiner Barthuber +49 (0) 89 2880 28 20104.11.2009  Financial News transmitted by DGAP--------------------------------------------------------------------------- Language:     EnglishCompany:      Deutsche Pfandbriefbank AG              Freisinger Strasse 5              85716 Unterschleissheim              DeutschlandPhone:        +49 (0) 89 2880 28 201Fax:          +49 (0) 89 2880 22 28 201E-mail:       info@pfandbriefbank.comInternet:     www.hyporealestate.comISIN:         DE0008084047, DE0008127218, DE0008127226, DE0005463251, XS0303478118, DE 0008042904, DE0008124041, DE0008042946WKN:          808404, 812721, 812722, 812404, 546325, A0NXMH, 804290, 804294, Eine vollständige Übersicht der Eigenemissionen der Hypo Real Estate Bank AG (ISIN, Börse,Segment) finden Sie unter:, www.hyporealestate.com/7923.phpListed:       Regulierter Markt in München, Düsseldorf, Stuttgart; Foreign              Exchange(s) London, Paris, Luxembourg, SWX End of News                                     DGAP News-Service ---------------------------------------------------------------------------