DGAP-DD: Aareal Bank AG english



Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EquityStory
AG. 
The person with duty of notification is solely responsible for the content
of this announcement.
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Details of the person subject to the disclosure requirement
Last name: Reich
First name: Hans W.
Company: Aareal Bank AG

Position: Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument: Aareal Bank AG subscription rights for
new stock 
ISIN/WKN of the financial instrument: DE000A1KRLB4
Type of transaction: Sell
Date: 27.04.2011
Price: 1.80
Currency: EUR
No. of items: 7925
Total amount traded: 14265.00
Place: Frankfurt am Main

Information about the company with duty of publication

Issuer: Aareal Bank AG
Paulinenstr.15
65189 Wiesbaden
Deutschland
ISIN: DE0005408116
WKN: 540811


End of Directors' Dealings Notification 
(c) DGAP 29.04.2011

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