Hypo Real Estate Holding AG / Agreement 29.09.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Hypo Real Estate Group has secured major new funding facility Munich, Sep 29, 2008 Hypo Real Estate Group has secured a major new credit facility which is designed to shield the company from the impact of the current malfunctioning of the international money markets. A consortium from the German financial sector has provided Hypo Real Estate Holding AG, together with its subsidiaries DEPFA Bank Plc, Hypo Real Estate Bank AG and Hypo Real Estate Bank International AG with a multi-billion Euro short-term and mid-term credit facility sufficient to cover the Groups funding needs well into the future. Hypo Real Estate Group had entered into talks with the consortium in response to the extremely challenging conditions on the international money markets following the Lehman collapse and other market disruptions. Georg Funke, CEO of Hypo Real Estate Group, said: 'The new credit facility is a far-reaching and innovative approach which allows us to adjust our funding structure in order to accommodate the current malfunctioning of the international money markets. Hypo Real Estate Group will not need to go back to the unsecured money market for its refunding in the foreseeable future.' As a consequence of the arrangement, Hypo Real Estate Holding AG will have to impair the goodwill of its holding in DEPFA Bank Plc. This impairment will have a significant material effect on the Groups P&L statement. A dividend distribution for the financial year 2008 is not expected. Hypo Real Estate Group Following the acquisition of DEPFA Bank plc in October 2007, Hypo Real Estate Group has evolved into one of the leading international financial services providers for commercial real estate lending, public finance and infrastructure finance. The Group, with total assets of 395 billion, 1,900 employees and offices across Europe, the Americas and Asia, consists of the non-operational listed Hypo Real Estate Holding AG and operational entities. Hypo Real Estate Bank International AG and Hypo Real Estate Bank AG conduct the international real estate financing business. DEPFA and DEPFA Deutsche Pfandbriefbank AG conduct the public sector and infrastructure finance business. Additional information is to be found on www.hyporealestate.com. Press Contact: Hypo Real Estate Group Hans Obermeier Tel.: +49 (0)89 203007 787 Fax: +49 (0)89 203007 772 E-Mail: hans.obermeier@hyporealestate.com Contact: Kontakt: Herr Hans Obermeier +49-89-203007-787 DGAP 29.09.2008 --------------------------------------------------------------------------- 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, DE0008027731, WKN: 802770, 802773, Indices: DAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Hamburg, Düsseldorf, Stuttgart; Terminbörse EUREX End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Hypo Real Estate Holding AG:Hypo Real Estate Group has secured major new funding facility
| Source: EQS Group AG