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Capital/Financing Update • Jul 16, 2013

News Details

Ad-hoc | 16 July 2013 08:45

Deutsche Annington Immobilien SE: * Deutsche Annington fully repays the GRAND Securitisation

Deutsche Annington Immobilien SE / Key word(s): Real Estate

16.07.2013 08:45

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

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AD HOC ANNOUNCEMENT ACCORDING TO § 15 WPHG

• Deutsche Annington fully repays the GRAND Securitisation

• Unsecured term loan will be utilised on 18 July 2013 in an amount of
  EUR2.3 billion to partially fund the repayment

Bochum, 16 July 2013 - On 10 June 2013, Deutsche Annington Immobilien SE
('Deutsche Annington') communicated its intention to fully repay
collateralised real estate funding notes (so-called 'REF Notes') issued by
several entities of the Deutsche Annington group (so-called 'REF Note
Issuers') to an Irish limited liability 'pass-through' entity, German
Residential Asset Note Distributor P.L.C. ('GRAND') by October 2013 or
earlier.

The REF Note Issuers issued a redemption notice to GRAND according to which
the REF Note Issuers announced to repay all nominal outstanding amounts
under the REF Notes and all interest accrued thereon to GRAND on 18 July
2013. This notice has just been transmitted to the GRAND noteholders. Upon
receipt of the full repayment amount, GRAND will release the collateral
granted by the REF Note Issuers in accordance with the release agreement
entered into today and will redeem all outstanding notes on 22 July 2013.

Further, Deutsche Annington decided to utilise the EUR2.5 billion term loan
entered into with J.P. Morgan Limited and Morgan Stanley Bank International
Limited on 3 June 2013 in an amount of EUR2.3 billion to partially fund the
repayment. Deutsche Annington intends to refinance the term loan through
the issuance of unsecured bonds and is currently conducting investor
meetings in preparation of an issuance.

Additional information:
Stock exchange: Regulated Market (Prime Standard), Frankfurt Stock Exchange

ISIN: DE000A1ML7J1
WKN: A1ML7J
Common Code : 094567408
Registered office of Deutsche Annington: Vogelsanger Weg 80, 40472
Dusseldorf, Germany
Business address of Deutsche Annington: Philippstrasse 3, 44803 Bochum,
Germany

IR contact:
Florian Goldgruber
+49 234 314 1761
investorrelations@deutsche-annington.com

Press contact:
Sabine Morgenthal
+49 174 3258886
smorgenthal@brunswickgroup.com

Paul Scott
+49 172 3000703
pscott@brunswickgroup.com

Natalie Jakubik
+49 234 314 1619
natalie.jakubik@deutsche-annington.com

16.07.2013 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 Annington Immobilien SE
Philippstraße 3
44803 Bochum
Germany
Phone: +49 234 314 1761
Fax: +49 234 314 888 1761
E-mail: investorrelations@deutsche-annington.com
Internet: www.deutsche-annington.com
ISIN: DE000A1ML7J1
WKN: A1ML7J
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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