DGAP-Adhoc

DEPFA ACS BANK: Proposed Tender Offer for Preferred Securities - Seite 3

The Bank of New York Mellon
One Canada Square
Canary Wharf
London E14 5AL
United Kingdom

for the DEPFA III Securities and the DEPFA IV Securities:
Deutsche Bank AG
Grosse Gallusstraße 10-14
D-60272 Frankfurt am Main
Federal Republic of Germany

Media Contacts
DEPFA BANK - Rachel Martin
Phone: [phone]
Email: [e-mail]

FMS-WM - Andreas Henry
Phone: [phone]
Email: [e-mail]

OFFER RESTRICTIONS

Neither this announcement nor the Offers nor the Consent Solicitations
constitutes an invitation to participate in the Offers or the Consent
Solicitations in any jurisdiction in which, or to any person to or from
whom, it is unlawful to make such invitation or for there to be such
participation under applicable securities laws. The distribution of this
announcement and the Offers and Consent Solicitations in certain
jurisdictions may be restricted by law. Persons into whose possession this
announcement or the Offers and Consent Solicitations come are required by
DEPFA, the Offeror, the Dealer Manager and the Tender and Tabulation Agent
to inform themselves about and to observe any such restrictions.

General

The Dealer Manager and the Tender and Tabulation Agent (and their
respective directors, employees or affiliates) make no representations or
recommendations whatsoever regarding this announcement, the Tender Offer
and Consent Solicitation Memorandum, the Offers or the Consent
Solicitations. The Tender and Tabulation Agent is the agent of the Offeror
and owes no duty to any Holder. None of DEPFA, the Offeror, the Dealer
Manager or the Tender and Tabulation Agent makes any recommendation as to
whether or not Holders should participate in the Offers and Consent
Solicitations or refrain from taking any action in the Offers and Consent
Solicitations with respect to each Class of Preferred Securities, and none
of them has authorised any person to make any such recommendation.

Neither this announcement nor the Tender Offer and Consent Solicitation
Memorandum constitutes an offer to buy or the solicitation of an offer to
sell the Preferred Securities (and tenders of each Class of Preferred
Securities in the Offers will not be accepted from Holders) in any
circumstances or jurisdiction in which such offer or solicitation is
unlawful. In those jurisdictions where the securities, blue sky or other
laws require the Offers to be made by a licensed broker or dealer and the
Dealer Manager or any of its respective affiliates is such a licensed
broker or dealer in such jurisdictions, the Offers shall be deemed to be
made by such Dealer Manager or affiliate (as the case may be) on behalf of
the Offeror in such jurisdiction and the Offers are not made in any such
jurisdiction where either the Dealer Manager or any of its affiliates is
not licensed.


20.04.2015 The DGAP 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: DEPFA ACS BANK
1, Commons Street
Dublin 1 Dublin
Ireland
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.depfa.com
ISIN: DE000A0BCLA9
WKN: A0BCLA
Listed: Regulated Market in Frankfurt (General Standard)

End of Announcement DGAP News-Service

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