DGAP-DD: Aareal Bank AG english

| Source: EQS Group AG

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

Directors' Dealings notification transmitted by DGAP - a company of EQS Group
The person with duty of notification is solely responsible for the content
of this announcement.

Details of the person subject to the disclosure requirement
Last name: Graf von Bassewitz
First name: Christian
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 share 
ISIN/WKN of the financial instrument: DE0005408116
Type of transaction: Sell
Date: 03.03.2014
Price: 31.53
Currency: EUR
No. of items: 2000
Total amount traded: 63060.00
Place: XETRA

Information about the company with duty of publication

Issuer: Aareal Bank AG
65189 Wiesbaden
ISIN: DE0005408116
WKN: 540811

End of Directors' Dealings Notification 
(c) DGAP 05.03.2014

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