DGAP-Adhoc: DEPFA BANK plc: SoFFin extends framework guarantee to Hypo Real Estate Group by EUR 10 billion


DEPFA BANK plc / Agreement

11.02.2009 

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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11 February 2009 
 
THE FOLLOWING IS THE TEXT OF AN AD HOC ANNOUNCEMENT MADE BY HYPO REAL
ESTATE HOLDING AG ON 11 February 2009, 11.18 CET:
[Translated from German]

'SoFFin extends framework guarantee to Hypo Real Estate Group by EUR 10
billion

Munich, 11 February 2009 – The German Financial Markets Stabilisation Fund
('SoFFin') has granted an additional EUR 10 billion framework guarantee,
expiring on 12 June 2009, to Hypo Real Estate Group.

Hypo Real Estate Bank AG, part of Hypo Real Estate Group, will use the
guarantee framework to collateralise debt securities to be issued, which
are due for repayment by 14 May 2009. 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.

The aggregate guarantee framework provided by SoFFin to the Group amounts
to EUR 52 billion.

Negotiations between Hypo Real Estate Group and SoFFin regarding more
extensive and longer-term liquidity and capital support measures 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 11.02.2009 
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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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