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    DGAP-News  583  0 Kommentare DAB Bank's key operational indicators reach new record levels in Q1/2015 - Seite 2


    previous majority shareholder UniCredit Bank AG in connection with the
    acquisition of a majority interest by BNP Beteiligungsholding AG. Also due
    to the generally lower level of interest rates, first-quarter net interest
    income came to only EUR8.04 million, representing a 35% decrease from the
    corresponding year-ago figure. The trading profit and profit from
    investments rose from EUR0.65 million in Q1 2014 to EUR1.05 million in Q1
    2015. The total operating income of EUR37.90 million was 5.9% higher than
    the corresponding year-ago figure.

    At EUR30.11 million, administrative expenses were 5.7% higher than the
    corresponding figure for Q1 2014, particularly as a result of the higher
    clearing and settlement expenses incurred in connection with the high
    number of trades executed.

    On March 27, 2015, the new majority shareholder BNP Paribas
    Beteiligungsholding AG announced that the cash compensation to be paid to
    the minority shareholders in connection with the squeeze-out resolution to
    be adopted at the annual shareholders' meeting planned for May 29, 2015
    will be EUR4.78 per share. After the squeeze-out, DAB Bank AG will be
    merged into BNP Paribas Beteiligungsholding AG. The corresponding merger
    agreement was already signed on April 13 of this year. It is subject to the
    condition precedent that the resolution of the annual shareholders' meeting
    ordering the transfer of shares held by the remaining minority shareholders
    to BNP Paribas Beteiligungsholding AG as the principal shareholder will be
    recorded in the Commercial Register of DAB Bank AG.

    Key operational indicators and operating results of DAB Bank in Q1 2015
    according to IFRS:



    Key operational indicators Q1/2015 Q4/2014 Q1/2014
    Customers No. 662,891 650,549 628,006
    Securities accounts No. 632,689 625,769 617,767
    Bank accounts No. 266,969 252,892 218,547
    Trades executed No. 1,967,876 1,496,450 1,494,366
    Trades per securities account, No. 12.51 8.88 9.68
    annualized
    Customer assets held in custody EUR bn 40.79 36.37 33.59
    Thereof in investment funds EUR bn 20.30 17.91 16.11

    Operating results Q1/2015 Q4/2014 Q1/2014
    Net interest income kEUR 8,035 32,177 12,361
    Trading profit and profit from kEUR 1,046 3,749 646
    investments
    Net commission income kEUR 29,420 21,606 22,772
    Administrative expenses kEUR 30,111 27,273 28,484
    Profit before taxes kEUR 6,428 29,529 6,873
    Profit after taxes kEUR 4,364 19,418 4,600
    Cost-income ratio in % 82.4 48.0 80.6
    Earnings per share EUR 0.05 0.21 0.05






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    28.04.2015 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    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: DAB Bank AG
    Landsberger Straße 300
    80687 München
    Germany
    Phone: +49 (0)89 500 68 1696
    Fax: +49 (0)89 500 68 669
    E-mail: ir@dab.com
    Internet: www.dab-bank.de
    ISIN: DE0005072300
    WKN: 507230
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
    Munich, Stuttgart


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    DGAP-News DAB Bank's key operational indicators reach new record levels in Q1/2015 - Seite 2 DGAP-News: DAB Bank AG / Key word(s): Quarter Results DAB Bank's key operational indicators reach new record levels in Q1/2015 28.04.2015 / 07:15 --------------------------------------------------------------------- DAB Bank's key operational …