DZ BANK’s Supervisory Board elects Rolf Hildner as its new Chairman

DZ BANK remains on the right track at the operating level

At today's meeting DZ BANK AG’s Supervisory Board elected the previous Deputy Chairman of the Supervisory Board, Rolf Hildner, as its new Chairman. Rolf Hildner, CEO of Wiesbadener Volksbank, replaces Christopher Pleister, who resigned on 15 July 2008. The former Member of the Supervisory Board, Helmut Gottschalk, Spokesman of the Board of Managing Directors of Volksbank Herrenberg-Rottenburg, was elected as a further Deputy Chairman of the Supervisory Board alongside Wolfgang Apitzsch. The Board of Managing Directors and the Supervisory Board thanked Christopher Pleister for his many years of service as Chairman of the Supervisory Board. “Christopher Pleister promoted and played a part in shaping the positive development of the DZ BANK Group. We are very grateful to him for this,” said Wolfgang Kirsch, DZ BANK’s CEO.

Wolfgang Kirsch also explained the bank’s preliminary key data at the meeting: “At the operating level we remain on the right track. According to the initial preliminary figures, the DZ BANK Group reported earnings before tax of more than EUR 400 million in the first six months of fiscal year 2008. Based on initial projections, we assume – provided the crisis in the financial markets does not escalate – that the DZ BANK Group will report earnings before tax for full year 2008 over previous year level,” said Wolfgang Kirsch. DZ BANK continues to have good capital resources. As of 30 June 2008 the tier 1 ratio in the group was 8.6 percent.



Dr. Ilja-Kristin Seewald, Manager, Press and Internal Communication and Public Affairs
Tel.: +49 69 7447-42894

Silvia Conesa, Spokesperson
Tel.: +49 69 7447-90568

Sylke Grussendorf, Spokesperson
Tel.: +49 69 7447-2381