DEPFA Deutsche Pfandbriefbank AG: SoFFin extends framework guarantee to Hypo Real Estate Group by EUR 10 billion

DEPFA Deutsche Pfandbriefbank AG / Agreement

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
----------------------------------------------------------------------

SoFFin extends framework guarantee to Hypo Real Estate Group by EUR 10
billion

Munich, 11 February 2009 – The German Financial Markets Stabilisation Fund
('SoFFin') has granted an additional EUR 10 billion framework guarantee,
expiring on 12 June 2009, to Hypo Real Estate Group.

Hypo Real Estate Bank AG, part of Hypo Real Estate Group, will use the
guarantee framework to collateralise debt securities to be issued, which
are due for repayment by 14 May 2009. Hypo Real Estate Bank AG will pay to
SoFFin a pro-rata commitment commission of 0.1% on the undrawn portion of
the framework guarantee, and a 0.5% p.a. fee on guarantees drawn upon.

The aggregate guarantee framework provided by SoFFin to the Group amounts
to EUR 52 billion.

Negotiations between Hypo Real Estate Group and SoFFin regarding more
extensive and longer-term liquidity and capital support measures have not
yet been finalised.


Contact:
Stefan Krick +49 (06196) / 9990-2851


11.02.2009  Financial News transmitted by DGAP
----------------------------------------------------------------------
 
Language:     English
Issuer:       DEPFA Deutsche Pfandbriefbank AG
              Ludwig-Erhard-Straße 14
              65760 Eschborn
              Deutschland
Phone:        +49 (0)6196 9990-0
Fax:          +49 (0)6196 9990-1331
E-mail:       Stefan.Krick@DePfa.com
Internet:     www.depfa-pfandbriefbank.com
ISIN:         DE0008042946, DE0008042938, DE0008042904
WKN:          804294, Eine vollständige Übersicht der Eigenemissionen der
DEPFA Deutsche Pfandbriefbank AG (ISIN, Börse,Segment) finden Sie unter:,
http://www.depfa-pfandbriefbank.com/pf/de/2498.html
Listed:       Regulierter Markt in Frankfurt (General Standard),
              Luxembourg; Freiverkehr in Berlin, Düsseldorf, Hamburg,
              Stuttgart; Foreign Exchange(s) SWX
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------