WestLB AG / Letter of Intent
03.11.2008
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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Notification of the Supervisory Board of WestLB AG
At the regular meeting of the Supervisory Board today, the Managing Board
presented its ideas concerning measures under the Financial Markets
Stabilization Act (FMStG).
The Supervisory Board of WestLB supports the intention of the Managing
Board to secure the Bank´s planned borrowing for 2008 and 2009 by utilizing
SoFFin guarantees and to file an application under § 6 FMStG. The
Supervisory Board also instructed the Managing Board to examine the
possibilities under the new law for strengthening the capital resources of
the Bank and to prepare relevant measures in the short term.
For this purpose the Managing Board will shortly begin talks with SoFFin.
DGAP 03.11.2008
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Language: English
Issuer: WestLB AG
Herzogstraße 15
40217 Düsseldorf
Deutschland
Phone: +49-(0)211-826-01
Fax: +49-(0)211-826-6119
E-mail: ir@westlb.de
Internet: www.westlb.de
ISIN: DE0003079406, DE0006899412, DE0006899420, DE0007120271, DE0007642837, DE0008121096, DE0008174483, DE0008364001, DE0008364902
WKN: 307940
Listed: Regulierter Markt in Frankfurt (General Standard),
Düsseldorf; Freiverkehr in Berlin, Stuttgart, Hamburg
End of News DGAP News-Service
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DGAP-Adhoc: WestLB AG:WestLB will utilize SoFFin guarantees
| Quelle: EQS Group AG