Deutsche Wohnen AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Deutsche Wohnen AG 

08.12.2011 10:34

Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Morgan Stanley, Wilmington, Delaware, USA, Morgan Stanley International
Holdings Inc., Wilmington, Delaware, USA  and Morgan Stanley Bank AG,
Frankfurt, Germany informed us on 05 December 2011 that pursuant to section
27a (1) of the German Securities Trading Act (WpHG) on 30 November 2011 its
voting rights in Deutsche Wohnen AG, Frankfurt/Main, Germany, ISIN:
DE000A0HN5C6, had reached or exceeded the threshold of 10% or a higher
threshold and on 01 December 2011 have fallen below the 10 % or a lower
threshold of voting rights.

Further to this notification Morgan Stanley, Wilmington, Delaware, USA
('Morgan Stanley'), notified us on its own behalf and on behalf of the
subsidiaries Morgan Stanley Bank AG, Frankfurt, Germany, and the holding
entity of Morgan Stanley Bank AG, Frankfurt, Germany, Morgan Stanley
International Holdings Inc., Wilmington, Delaware, USA, pursuant Section
27a of the German Securities Trading Act (WpHG) that:

1. the
intention of the excess of the 20% threshold in voting rights of
Deutsche Wohnen AG was not strategic and did not serve the purpose of
making trading profit,

2. none of the Morgan Stanley entities
mentioned above intend to obtain
further voting rights in Deutsche Wohnen AG during the next 12 month,

3. none of the Morgan Stanley entities mentioned above intend to
influence
the staffing of the management or supervisory board or any other
controlling committee of Deutsche Wohnen AG and

4. none of the
Morgan Stanley entities mentioned above intend to
significantly change the capital structure, the equity debt ratio or the
dividend policy of Deutsche Wohnen AG.

The purchase of the
voting rights was financed using debt capital.

08.12.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Deutsche Wohnen AG
              Pfaffenwiese 300
              65929 Frankfurt
              Germany
Internet:     http://www.deutsche-wohnen.com
 
End of Announcement                             DGAP News-Service
 
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