DGAP-News: HSH Nordbank AG: Silent Participations and Profit Participation Capital of HSH Nordbank


HSH Nordbank AG / Payout/Miscellaneous

15.04.2010 16:19 

Dissemination of a Corporate News, transmitted by
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The issuer / publisher is solely responsible for the content of this announcement.

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Corporate News: 

No distributions based on 2009 results - Loss participation of 16,401
Percent

Hamburg/Kiel - 15 April 2010 - The Supervisory Board of HSH Nordbank AG has
adopted the 2009 financial statements for the single entity according to
HGB (German GAAP) accounting. The financial statements report a balance
sheet loss/ net loss for 2009. According to the announcement of December
18, 2009, no coupon payments for the fiscal year 2009 will be made on
silent participations and profit participation capital. Moreover, these
hybrid instruments will participate in the balance sheet loss/ net loss.
The book value of the silent participations and profit participation
capital will be reduced by 16.401 percent to 83.599 percent.

In addition to the privately placed silent participations and profit
participation capital the following publicly placed instruments based on
silent participations of HSH Nordbank AG are affected:

RESPARCS Funding II Limited Partnership Securities  7.5% EUR 500mn   
(ISIN DE0009842542) 

RESPARCS Funding Limited Partnership I Securities   8.0% USD 300mn    
(ISIN XS0159207850)  

HSH Nordbank Sparc Securities  7.4075% EUR 500mn      
(ISIN XS0142391894) 

HSH Nordbank Sphere Securities  7.25% USD 500mn      (ISIN XS0221141400) 

Contact:

HSH Nordbank AG
Günter Femers

Investor Relations
Tel. +49 431 900 14601
Fax + 49 431 900 614601
E-Mail: guenter.femers@hsh-nordbank.com
www.hsh-nordbank.de

HSH Nordbank AG

Rune Hoffmann

Company spokesman

Tel. +49 40 33 33 11412

Fax +49 40 33 33 611412

E-Mail: rune.hoffmann@hsh-nordbank.com

www.hsh-nordbank.de


15.04.2010 16:19 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]

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Language:     English
Company:      HSH Nordbank AG
              Gerhart-Hauptmann-Platz 50
              20095 Hamburg
              Deutschland
Phone:        +49 (0)40 33 33-0
Fax:          +49 (0)40 33 33-340 01
E-mail:       info@hsh-nordbank.com
Internet:     www.hsh-nordbank.com
ISIN:         DE0009842542
WKN:          984254
Listed:       Regulierter Markt in Frankfurt (General Standard), Hamburg
 
End of News                                     DGAP News-Service
 
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