DGAP-Adhoc: Hypo Real Estate Bank AG: Liquidity facilities and Financial Markets Stabilisation Fund


Hypo Real Estate Bank AG / Agreement

29.10.2008 

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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Liquidity facilities and Financial Markets Stabilisation Fund

The contractual arrangements with a German finance sector consortium,
Deutsche Bundesbank and the German Ministry of Finance regarding the
liquidity lines totalling EUR 50bln, as announced on 6 October 2008, are
currently in the final stages of negotiation. The liquidity lines are to be
made fully available by mid-November.

To cover Hypo Real Estate Group's short-term liquidity requirements in the
meantime, also against the background of recent market developments, the
Group yesterday submitted an application to the Financial Markets
Stabilisation Fund (Sonderfonds Finanzmarktstabilisierung – 'SoFFin') for a
guarantee with respect to a provision of EUR 15bln of liquidity by Deutsche
Bundesbank. A decision is expected shortly.

Furthermore, the Group will submit an application to SoFFin for additional
comprehensive support, including potential capitalisation measures. The
utilisation of the Fund is expected to cover the Group's additional funding
requirements once the liquidity facilities extended by the consortium have
been disbursed, thus providing the basis for the medium-term re-positioning
of the Group.



Contact:
Reiner Barthuber +49-89-203007-201


DGAP 29.10.2008 
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Language:     English
Issuer:       Hypo Real Estate Bank AG
              Von-der-Tann-Str. 2
              80539 München
              Deutschland
Phone:        +49 (0) 89 20 30 07 780
Fax:          +49 (0) 89 20 30 07 33 780
E-mail:       info@hyporealestate.de
Internet:     www.hyporealestate.com
ISIN:         DE0008084047, DE0008127200, DE0008127218, DE0008127226, , , 
WKN:          808404, 812720, 812721, 812722, , Eine vollständige Übersicht der Eigenemissionen der Hypo Real Estate Bank AG (ISIN, Börse,Segment) finden Sie unter:, http://www.hyporealestate.com/7923.php
Listed:       Regulierter Markt in München, Düsseldorf, Luxembourg; Foreign
              Exchange(s) Paris, SWX
End of News                                     DGAP News-Service
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