DGAP-Adhoc: Hypo Real Estate Holding AG:Hypo Real Estate Group anticipates burden on income for Q2/2009 arising from risk provisions at least in the high three digit million region


Hypo Real Estate Holding AG / Half Year Results

22.06.2009 

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,  22 June 2009 - Hypo Real Estate anticipates significant burdens on
income for the second quarter of the current year at least in the high
three digit million region, resulting from further risk provisions for
receivables and securities in the course of the financial crisis and the
economic downturn. These value adjustments affect for the most part real
estate loans. They are related to the further deteriorated regional
economic conditions, especially in the markets in North America, Southern
Europe, Great Britain, already recognized as being critical, but also in
Germany. This development is leading to a high burden on equity,
particularly at Hypo Real Estate Bank AG.

Hypo Real Estate will publish its second quarter report on 7 August 2009.  
Already with the publication of the 2008 Financial Statements the company
communicated that it expected to remain in a loss-situation at least for
the years 2009 and 2010.


Contact:
Reiner Barthuber +49-89-203007-201


DGAP 22.06.2009 
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Language:     English
Issuer:       Hypo Real Estate Holding AG
              Unsöldstraße 2
              80538 München
              Deutschland
Phone:        +49 (0)89 203 007-780
Fax:          +49 (0)89 203 007-772
E-mail:       ir@hyporealestate.com
Internet:     www.hyporealestate.com
ISIN:         DE0008027707, DE000A0XFS34, DE000A0Z1JJ5
WKN:          802770, A0XFS3, A0Z 1JJ
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, Stuttgart, Düsseldorf, München, Hamburg;
              Terminbörse EUREX
 
End of News                                     DGAP News-Service
 
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