DGAP-Adhoc: DEPFA BANK plc: Financial Markets Stabilisation Fund guarantees bank bond;


DEPFA BANK plc / Miscellaneous

31.10.2008 

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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THE FOLLOWING IS THE TEXT OF AN AD HOC ANNOUNCEMENT MADE ON 30 OCTOBER 2008
BY HYPO REAL ESTATE HOLDING AG at 22.20:

'Hypo Real Estate Holding AG
Financial Markets Stabilisation Fund guarantees bank bond; 
First element of liquidity facility agreed with consortium of banks

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: Julia Hoggett:  +353 (1) 792 2004
Issued on behalf of the following related entities in respect of their
listed bonds:

DEPFA BANK plc
DEPFA ACS BANK
DEPFA Funding III LP
DGAP 31.10.2008 
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Language:     English
Issuer:       DEPFA BANK plc
              1, Commons Street
               Dublin 1
              Irland
Phone:        +49 (0)69 92882 275
Fax:          +49 (0)69 92882 107
E-mail:       info@depfa.com
Internet:     www.depfa.com
ISIN:         DE000A0AUJ90
WKN:          A0AUJ9
Listed:       Regulierter Markt in Frankfurt (General Standard)
End of News                                     DGAP News-Service
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