
| 08.07.2008 - Disclosure pursuant to section 26 of the German Securities Trading Act - HRE Investment Holdings Security code number (WKN): 802770 1. Butterfield Bank (Cayman) Limited, Grand Cayman, Cayman Islands herewith notifies according to section 21 para. 1 WpHG on behalf of HRE Investment Holdings FSO S.à.r.l., L-2346 Luxemburg, Luxemburg, that on 02 July 2008 the voting rights of HRE Investment Holdings FSO S.à.r.l. held in Hypo Real Estate Holding AG, Unsoeldstrasse 2, 80538 Munich, Germany, exceeded the threshold of 3 % and amounted to 3.58 % (7,198,429 voting rights) on this day. In addition Butterfield Bank (Cayman) Limited, Grand Cayman, Cayman Islands, notifies in its own name according to section 21 para 1 WpHG that voting rights held in Hypo Real Estate Holding AG, Unsoeldstrasse 2, 80538 Munich, Germany, on 02 July 2008 exceeded the threshold of 3 % and amounted to 3.58% (7,198,429 voting rights). All of the voting rights are attributed Butterfield Bank (Cayman) Limited through HRE Investment Holdings FSO S.à.r.l. according to section 22 para 1 sentence 1 No. 1 WpHG.
In addition Close Trustees (Cayman) Limited, Grand Cayman KY1-1102, Cayman Islands, notifies in its own name according to section 21 para 1 WpHG that voting rights held in Hypo Real Estate Holding AG, Unsoeldstrasse 2, 80538 Munich, Germany, on 02 July 2008 exceeded the thresholds of 3 % and 5% and amounted to 5.33 % (10,728,083 voting rights) on this day. All of the voting rights are attributed Close Trustees (Cayman) Limited through HRE Investment Holdings II 1 S.à.r.l. according to section 22 para 1 sentence 1 No. 1 WpHG. 3. ATC Trustees (Cayman) Limited, George Town, Grand Cayman, Cayman Islands herewith notifies according to section 21 para. 1 WpHG on behalf of HRE Investment Holdings II 2 S.à.r.l., L-2346 Luxemburg, Luxemburg, that on 02 July 2008 the voting rights of HRE Investment Holdings II 2 S.á.r.l. held in Hypo Real Estate Holding AG, Unsoeldstrasse 2, 80538 Munich, Germany, exceeded the threshold of 3 % and amounted to 3.29 % (6,614,072 voting rights) on this day. In addition ATC Trustees (Cayman) Limited, George Town, Grand Cayman, Cayman Islands, notifies in its own name according to section 21 para 1 WpHG that voting rights held in Hypo Real Estate Holding AG, Unsoeldstrasse 2, 80538 Munich, Germany, on 02 July 2008 exceeded the threshold of 3 % and amounted to 3.29 % (6,614,072 voting rights) on this day. All of the voting rights are attributed ATC Trustees (Cayman) Limited through HRE Investment Holdings II 2 S.à.r.l. according to section 22 para 1 sentence 1 No. 1 WpHG. 4. Walkers SPV Limited, George Town, Grand Cayman KY1-9002, Cayman Islands herewith notifies according to section 21 para. 1 WpHG on behalf of HRE Investment Holdings II TE S.à.r.l., L-2346 Luxemburg, Luxemburg, that on 02 July 2008 the voting rights of HRE Investment Holdings II TE S.á.r.l. held in Hypo Real Estate Holding AG, Unsoeldstrasse 2, 80538 Munich, Germany, exceeded the thresholds of 3 % and amounted to 4.03 % (8,103,693 voting rights) on this day. In addition Walkers SPV Limited, George Town, Grand Cayman KY1-9002, Cayman Islands notifies in its own name according to section 21 para 1 WpHG that voting rights held in Hypo Real Estate Holding AG, Unsoeldstrasse 2, 80538 Munich, Germany, on 02 July 2008 exceeded the threshold of 3 % and amounted to 4.03 % (8,103,693 voting rights) on this day. All of the voting rights are attributed Walkers SPV Limited through HRE Investment Holdings II TE S.à.r.l. according to section 22 para 1 sentence 1 No. 1 WpHG. Hypo Real Estate Holding AG
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