DGAP-Adhoc: DVB Bank AG: Resolution in principle on a capital increase from authorised capital; share split; merger of DVB Bank N.V.,Rotterdam, into DVB Bank AG, to form DVB Bank SE

| Source: EQS Group AG EQS Group AG 

DVB Bank AG / Capital Increase/Miscellaneous

10.04.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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DVB Bank AG intends

- to increase its share capital;
- to carry out a 10-for-1 share split; and
- to merge its subsidiary DVB Bank N.V., Rotterdam, into DVB Bank AG, and
to change its legal form to a European public limited-liability company
(Societas Europaea – SE).

In its meeting on 9 April 2008, the Board of Managing Directors of DVB Bank
AG passed several resolutions regarding capital changes and the merger of
DVB Bank N.V. into DVB Bank AG, to form DVB Bank SE:

1. The Board of Managing Directors adopted a resolution in principle
(Grundlagenbeschluss)] exercise its authority under the Authorised Capital
2006 to increase the Company’s share capital to an extent that DVB Bank AG
will raise a total amount of about EUR150 million. The Board of Managing
Directors intends to issue the new shares at a subscription ratio of 6 to
1(where shareholders are entitled to subscribe for one new share for six
old shares), with the new shares carrying full dividend rights for the
business year 2008.

It is intended to enter into an agreement with DZ BANK AG, Deutsche
Zentral-Genossenschaftsbank, Frankfurt am Main, according to which DZ BANK
AG will underwrite the new shares, with the obligation to offer them to
shareholders of DVB Bank AG for indirect subscription from DZ BANK AG, at
an issuing price yet to be determined.

Further details will be determined and published at a later date.

2. Furthermore, the Board of Managing Directors resolved to propose a
resolution to the Company’s ordinary shareholders' meeting to carry out a
10-for-1 share split.

3. Finally, the Board of Managing Directors resolved to propose a
resolution to the Company’s ordinary shareholders' meeting, approving the
merger of DVB Bank N.V. into DVB Bank AG, with a concurrent change in DVB
Bank AG’s legal form into a Societas Europaea, including the corresponding
amendments to its Memorandum and Articles of Association.

The Supervisory Board approved the resolutions set out above on 10 April
2008.

Frankfurt/Main, 10 April 2008

DVB Bank AG

THE BOARD OF MANAGING DIRECTORS

Driese Grabowski  Lunde
DGAP 10.04.2008 
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Language:     English
Issuer:       DVB Bank AG
              Friedrich-Ebert-Anlage
              60325 Frankfurt am Main
              Deutschland
Phone:        069-97504-390
Fax:          069-97504-333
E-mail:       borislav.bjelicic@dvbbank.com
Internet:     www.dvbbank.com
ISIN:         DE0008045501
WKN:          804550
End of News                                     DGAP News-Service
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