Deutsche Pfandbriefbank AG: pbb Plans Flotation on the Frankfurt Stock Exchange Probably for July 2015

MUNICH–(BUSINESS WIRE)–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

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