Joint press release of the Deutsche Bundesbank and BaFin

The problems of the Hypo Real Estate Group triggered by the international financial market turmoil have been solved by a syndicated financing of the German financial sector. Accordingly, the Hypo Real Estate Group will be provided with sufficient liquidity for both the short term and the medium term. The Bundesbank and BaFin assume that this will ensure the marketability of the Hypo Real Estate Group.