OREANDA-NEWS. June 15, 2015.

Ad hoc announcement §15 WpHG

Deutsche Pfandbriefbank AG / Keyword(s): IPO/Weiteres Schlagwort

Deutsche Pfandbriefbank AG: pbb plans flotation on the Frankfurt Stock Exchange probably for July 2015

Ad hoc announcement transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

pbb plans flotation on the Frankfurt Stock Exchange probably in July 2015 - Minimum placement of 75.1% of shares envisaged - Stake of at least 20% for two years  by the Federal Republic of Germany  Munich, 10 June 2015 - Deutsche Pfandbriefbank AG ("pbb") plans a listing in the Prime Standard segment of the Frankfurt Stock Exchange. Subject to the market environment, the IPO is scheduled to take place during July 2015. Within the scope of the planned IPO, a minimum stake of 75.1% of the shares is planned to be placed, with the Federal Republic of Germany- indirectly via Hypo Real Estate Holding AG (HRE) - holding a minimum 20% stake in pbb for a two-year period after the IPO, based on a respective lock up commitment.

In the course of the IPO, no primary shares will be placed. pbb's sole shareholder HRE will not pursue the alternative sale of pbb via a tender process for the time being.  The public announcement of the intention to float pbb is based on resolutions passed on 10 June 2015 by Extraordinary General Meetings of pbb and its sole shareholder HRE based on a positive vote by the Interministerial Steering Committee. The Interministerial Steering Committee adopts material decisions concerning the measures taken by the German Financial Markets Stabilisation Fund (FMS), HRE's owner.

Contact: Reiner Barthuber +49 (0) 89 2880 28 201