DGAP-Adhoc: DEPFA BANK plc: German Financial Markets Stabilisation Fund ('SoFFin') extends the framework guarantee granted to Hypo Real Estate Group by an additional EUR 12 billion


DEPFA BANK plc / Miscellaneous

21.01.2009 

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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21 January 2009
 
THE FOLLOWING IS THE TEXT OF AN AD HOC ANNOUNCEMENT MADE BY HYPO REAL
ESTATE HOLDING AG ON 20 January 2009, 20.45 CET:
[Translated from German]

'German Financial Markets Stabilisation Fund ('SoFFin') extends the
framework guarantee granted to Hypo Real Estate Group by an additional EUR
12 billion

Munich, 20 January 2009 – The German Financial Markets Stabilisation Fund
('SoFFin') has extended its framework guarantee granted to Hypo Real Estate
Group by an additional EUR 12 billion, bringing the aggregate guarantee
amount to EUR 42 billion.

Hypo Real Estate Bank AG, part of Hypo Real Estate Group, can use the
additional guarantees to be issued by SoFFin to collateralise debt
securities to be issued, which must be due for repayment by 12 June 2009 at
the latest. Hypo Real Estate Bank AG will pay to SoFFin a pro-rata
commitment commission of 0.1% on the undrawn portion of the framework
guarantee, and a 0.5% p.a. fee on guarantees drawn upon.

Negotiations between Hypo Real Estate and SoFFin regarding more extensive
and longer-term liquidity and capital support measures for the Group have
not yet been finalised.'


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 21.01.2009 
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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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