DGAP-Adhoc: DEPFA Deutsche Pfandbriefbank AG:Financial Markets Stabilisation Fund guarantees bank bond; first element of liquidity facility agreed with consortium of banks

| Source: EQS Group AG EQS Group AG 

DEPFA Deutsche Pfandbriefbank AG / Agreement

30.10.2008 

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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Munich, 30 Oct 2008 – The German Financial Markets Stabilisation Fund
('SoFFin') today granted the EUR 15 billion guarantee applied for by Hypo
Real Estate Group on 28 Oct 2008. The guarantee will cover a bank bond
which Hypo Real Estate Group can pledge to draw on a special EUR 15 billion
liquidity support facility from Deutsche Bundesbank. The guarantee has a
short-term maturity. It is planned to refinance the liquidity provided
hereunder with the liquidity facility to be provided by a German financing
consortium, Deutsche Bundesbank, and the German Ministry of Finance, as
announced earlier.

The Group today also reached an agreement with the financing consortium on
a key element of this latter facility. It is envisaged to provide the full
extent of liquidity facilities by mid-November.


Contact:
Stefan Krick +49 (06196) / 9990-2851


DGAP 30.10.2008 
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Language:     English
Issuer:       DEPFA Deutsche Pfandbriefbank AG
              Ludwig-Erhard-Straße 14
              65760 Eschborn
              Deutschland
Phone:        +49 (0)6196 9990-0
Fax:          +49 (0)6196 9990-1331
E-mail:       Stefan.Krick@DePfa.com
Internet:     www.depfa-pfandbriefbank.com
ISIN:         DE0008042946, DE0008042938, DE0008042904
WKN:          804294, Eine vollständige Übersicht der Eigenemissionen der DEPFA Deutsche Pfandbriefbank AG (ISIN, Börse,Segment) finden Sie unter:, http://www.depfa-pfandbriefbank.com/pf/de/2498.html
Listed:       Regulierter Markt in Frankfurt (General Standard),
              Luxembourg; Freiverkehr in Berlin, Düsseldorf, Hamburg,
              Stuttgart; Foreign Exchange(s) SWX
End of News                                     DGAP News-Service
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