029 Group SE

M&A Activity • Apr 9, 2009

News Details

Takeover Bids | 9 April 2009 07:45

Takeover Offer;

Target company: Hypo Real Estate Holding AG; Bidder: Bundesrepublik Deutschland handelnd durch den Finanzmarktstabilisierungsfonds

Release of an announcement according to the German Securities Acquisition and Takeover Act (WpÜG),

transmitted by DGAP – a company of EquityStory AG.

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

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Publication of the decision to launch a public takeover offer in accordance

with section 10 paragraph 1 in conjunction with sections 29 paragraph 1, 34

of the German Securities Acquisition and Takeover Act

Bidder:

Federal Republic of Germany (Bundesrepublik Deutschland)

acting through the Financial Market Stabilization Fund

(Finanzmarktstabilisierungsfonds)

represented by the Financial Market Stabilization Agency

(Finanzmarktstabilisierungsanstalt)

Taunusanlage 6

60329 Frankfurt am Main

Germany

Target Company:

Hypo Real Estate Holding AG

Unsöldstraße 2

80538 Munich, Germany

registered with the commercial register of the local court of Munich under

HRB 149393

ISIN: DE0008027707 (no-par value bearer shares)

The offer document will be published on the internet under

http://www.soffin.de upon approval by the German Federal Financial

Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht).

Information of the Bidder:

Today, the Federal Republic of Germany (Bundesrepublik Deutschland), acting

through the Financial Market Stabilization Fund

(Finanzmarktstabilisierungsfonds), represented by the Financial Market

Stabilization Agency (Finanzmarktstabilisierungsanstalt), has made the

decision to offer to the shareholders of Hypo Real Estate Holding AG by way

of a voluntary public takeover offer to acquire their no-par value bearer

shares of Hypo Real Estate Holding AG against payment of a cash

consideration of EUR 1.39 per share.

The completion of the takeover offer will not be subject to any conditions

precedent. In addition, the offer will be made on and subject to the terms

and conditions yet to be communicated in the offer document.

Important information: This announcement neither represents an offer to

purchase or sell nor a solicitation of an offer to purchase or sell shares

in Hypo Real Estate Holding AG. The final terms and conditions of the offer

will be published in the offer document after the approval by the German

Federal Financial Supervisory Authority. Investors and shareholders of Hypo

Real Estate Holding AG are strongly advised to read any relevant documents

in connection with the voluntary public takeover offer as soon as such

documents will be published as they will contain important information.

Frankfurt am Main, 9 April 2009

Federal Republic of Germany

acting through the Financial Market Stabilization Fund

represented by the Financial Market Stabilization Agency

End of WpÜG announcement(c)DGAP 09.04.2009

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Listed: Zielgesellschaft: Regulierter Markt Frankfurt (Prime Standard);

Freiverkehr Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart