DGAP-Adhoc: Deutsche Börse AG: Deutsche Börse AG resumes share buyback as part of its ongoing Capital Management Program. Up to €400 million share buybacks for the remainder of 2008

| Source: EQS Group AG EQS Group AG 

Deutsche Börse AG / Share Buyback/Miscellaneous

17.06.2008 

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

Deutsche Börse AG plans to resume its share buyback program on 1 July 2008.
The company will use the current authorization through the AGM on 21 May
2008 to repurchase up to 10 percent of its share capital amounting to
nominal €195 million while taking into account shares owned by the company.
Currently, the company holds 3,097,468 own shares in treasury.

The buyback until 31 December 2008 is limited to a number of shares
equivalent to an overall purchase price of up to €400 million. It is
anticipated to cancel the repurchased shares and to reduce the share
capital of the company accordingly and/or to use the repurchased shares for
employee share programs.

The shares will be repurchased either on the exchange or through the use of
derivative instruments in line with standard market conditions. In case of
an on-exchange purchase, the purchase price for the shares to be
repurchased must not exceed nor fall short of the average share price on
the five trading days preceding the point in time when the obligation to
purchase the shares is assumed by more than 10 percent. The relevant prices
for determining the average are the closing auction prices for Deutsche
Börse shares in electronic Xetra trading at the Frankfurt Stock Exchange
(FWB). All share purchases by using derivatives are limited to shares
representing no more than 5 percent of Deutsche Börse AG’s nominal share
capital while taking into account shares owned by the company. In case of a
purchase through derivatives, the exercise price may not exceed the
volume-weighted average share price for the five trading days prior to the
entry into the derivative transaction by more than 10 percent and may not
fall short of the average share price for the same period by more than 20
percent.

Deutsche Börse will instruct an independent financial institution to use
its best efforts to buy back no more than 25 percent of the daily trading
volume on any one day. Additionally, the independent financial institution
will be bound by agreement to uphold the trading rules set forth in Article
5 of Commission Regulation (EC) No. 2273/2003 of December 22, 2003. In
particular, no more than 25 percent of the average daily trading volume of
the shares in the month prior to publication of the repurchase program may
be repurchased in any one day. If the shares are acquired by using
derivatives, the independent financial institution will be instructed to
ensure that the options are only based on shares that had been acquired in
keeping with the principle of equal treatment.


Contact:
Heiner Seidel
Tel.: +49-69-21 11 15 00



DGAP 17.06.2008 
---------------------------------------------------------------------------
Language:     English
Issuer:       Deutsche Börse AG
              Neue Börsenstraße 1
              60487 Frankfurt am Main
              Deutschland
Phone:        +49 (0)69 211 - 0
Fax:          +49 (0)69 211 - 12005
E-mail:       ir@deutsche-boerse.com
Internet:     www.deutsche-boerse.com
ISIN:         DE0005810055
WKN:          581005
Indices:      DAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart;
              Terminbörse EUREX
End of News                                     DGAP News-Service
---------------------------------------------------------------------------