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


Aareal Bank AG / Release of an announcement according to Article 21, Section 1 of the WpHG [the German Securities Trading Act] (share)

09.10.2008 

Release of a Voting Rights announcement
---------------------------------------------------------------------------


'Below, we Hermes Administration Services Limited as the authorised
administration agent on behalf of BT Pension Scheme Trustees Limited,
London, England, ('BTPSTL')would like to make the following notifications
regarding the holding of voting rights held in the Company according to §§
21, 22 WpHG in the name of BTPSTL and its subsidiaries:

  - BriTel Fund Nominees Limited, London, England ('BFNL');

  - BriTel Fund Trustees Limited, London, England ('BFTL');

  - Hermes Fund Managers Limited, London, England ('HFML');

  - Hermes Focus Asset Management Europe Limited, London, England   
('HFAMEL');

  - Hermes Focus Asset Management Limited, London, England('HFAML'); and

  - Hermes European Focus Fund I, London, England('HEFF').

  1 Notification of voting rights for BTPSTL

On 7th October 2008 the voting interest held by BTPSTL in the Company fell
below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the
voting rights (i.e. 2,123,955 shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to BTPSTL pursuant
to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG
and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2
WpHG. All of these 4.967% of the voting rights were held directly by Chase
Nominees Limited, London, England.

  2 Notification of voting rights in the name and on behalf of BFNL

On 7th October 2008 the voting interest held by BFNL in the Company fell
below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the
voting rights (i.e. 2,123,955 shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to BFNL pursuant
to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG
and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2
WpHG. All of these 4.967% of the voting rights were held directly by Chase
Nominees Limited, London, England.

  3 Notification of voting rights in the name and on behalf BFTL

On 7th October 2008 the voting interest held by BFTL in the Company fell
below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the
voting rights (i.e. 2,123,955 shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to BFTL pursuant
to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG
and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2
WpHG. All of these 4.967% of the voting rights were held directly by Chase
Nominees Limited, London, England.

  4 Notification of voting rights in the name and on behalf of HFML

On 7th October 2008 the voting interest held by HFML in the Company fell
below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the
voting rights (i.e. 2,123,955  shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to HFML pursuant
to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG
and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2
WpHG. All of these 4.967% of the voting rights were held directly by Chase
Nominees Limited, London, England.

  5 Notification of voting rights in the name and on behalf of HFAMEL

On 7th October 2008 the voting interest held by HFAMEL in the Company fell
below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the
voting rights (i.e. 2,123,955 shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to HFAMEL pursuant
to § 22 para. 1 sent. 1 no. 6 and § 22 para. 1 sent. 1 no. 2 in connection
with § 22 para. 1 sent. 2 WpHG. All of these 4.967% of the voting rights
were held directly by Chase Nominees Limited, London, England.

  6 Notification of voting rights in the name and on behalf of HFAML

On 7th October 2008 the voting interest held by HFAML in the Company fell
below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the
voting rights (i.e. 2,123,955  shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to HFAML pursuant
to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG.
All of these 4.967% of the voting rights were held directly by Chase
Nominees Limited, London, England.

  7 Notification of voting rights in the name and on behalf of HEFF

On 6th October 2008 the voting interest held by HEFF in the Company fell
below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.548% of the
voting rights (i.e. 1,944,547 shares with voting rights) on that day.

All of these 4.548% of the voting rights in the Company were attributed to
HEFF pursuant to § 22 para. 1 sent. 1 no. 2 WpHG.  All of these 4.548% of
the voting rights were held directly by Chase Nominees Limited, London,
England.'

DGAP 09.10.2008 
---------------------------------------------------------------------------
Language:     English
Issuer:       Aareal Bank AG
              Paulinenstr.15
              65189 Wiesbaden
              Deutschland
Internet:     www.aareal-bank.com
End of News                                     DGAP News-Service
---------------------------------------------------------------------------