DGAP-Adhoc: DEPFA BANK plc: German Financial Markets Stabilisation Fund ('SoFFin') extends the framework guarantee granted to Hypo Real Estate Group until 15 April 2009

DEPFA BANK plc / Agreement

13.01.2009 

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, 12 January 2009 – The German Financial Markets Stabilisation Fund
('SoFFin') has extended its framework guarantee – originally approved until
15 January 2009, in a total amount of EUR 30 billion – until 15 April 2009.

Hypo Real Estate Bank AG, part of Hypo Real Estate Group, can use
guarantees to be issued by SoFFin to collateralise debt securities to be
issued, which must be due for repayment by 15 April 2009 at the latest.
Hypo Real Estate Bank AG will pay to SoFFin a pro-rata commitment
commission of 0.1% of the undrawn portion of the framework guarantee. The
fee for guarantees drawn will be 0.5% p.a. (previously 1.5% p.a.).

Negotiations between Hypo Real Estate and SoFFin regarding more extensive
and longer-term liquidity and capital support measures for the Group are
continuing.'

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 13.01.2009 
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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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