Press archive
Press release, Hanover, 28. Septemer 2001

Valuation of the shares of Deutsche Hypothekenbank (Actien-Gesellschaft), Hanover and Berlin, at € 406.65 per unit share

BHF-BANK Aktiengesellschaft has calculated the value of its own assets. This calculation provides the basis for a cash settlement offer to be extended to BHF-BANK's outside shareholders. The valuation also included the value of BHF-BANK's shareholding in Deutsche Hypothekenbank (Actien-Gesellschaft), in which the bank has a majority shareholding. Each unit share of Deutsche Hypothekenbank (Actien-Gesellschaft) was determined as having a value of € 406.65. The adequacy of the valuation has been confirmed by Arthur Andersen Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft mbH.

For further information please contact:

Markus Nitsche
Head of Marketing and Sales
Georgsplatz 8
30159 Hannover
Telefon: +49 511 3045-580
Telefax: +49 511 3045-589
E-Mail: Markus.Nitsche@Deutsche-Hypo.de