Hypo Real Estate Holding AG - Shareholding Disclosures

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Shareholding Disclosures

21.07.2004 - Disclosure pursuant to § 25 (1) and (2) of the Securities Trading Act (WpHG) – Morgan Stanley & Co. International Limited

In a letter dated July 19, 2004, Morgan Stanley & Co. International Limited, 20 Cabot Square, Canary Wharf, London E14 4QW, United Kingdom, sent the following notification to Hypo Real Estate Holding Aktiengesellschaft pursuant to § 21 of the Securities Trading Act (WpHG):

“Notification pursuant to § 21 of the Securities Trading Act (WpHG)
Pursuant to § 21 (1) of the Securities Trading Act (WpHG) we hereby notify you of the following:

On July 16, 2004 our share of voting rights in Hypo Real Estate Holding AG in Munich (the “Company”) fell short of the 5 % threshold. According to the information available to us, the total number of voting rights stemming from shares issued by the Company was 130,433,775 at that time. Our voting rights at that time totalled 6,384,337, corresponding to 4,89 %.”

Hypo Real Estate Holding AG
Management Board

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