Shareholding Disclosures

WKN: 802 770   
ISIN: DE 000 802 770 7

(Translation)

Pursuant to section 21 para. 1 of the German Securities Trading Act (Wertpapierhandelsgesetz,  “WpHG”), Orbis Investment Management Limited, Hamilton HM 11, Bermuda notified us on 13 August 2008 that the percentage of voting rights in Hypo Real Estate Holding AG München, Deutschland, ISIN: DE0008027707, WKN: 802770 , moved above the threshold of 5 % on 05 August 2008 and amounts to 5.14 % (10,330,161 voting rights) as per this date.

Thereof 5.14 % (10,330,161 voting rights) were allocated Orbis Investment Management Limited according to section 22 para. 1 sentence 1 no. 6, WpHG.

Voting rights that are to be allocated to Orbis Investment Management Limited are held via the following company whose holdings of voting rights amount to 3 % or more in Hypo Real Estate Holding AG:

- Orbis Global Equity Fund Limited

Hypo Real Estate Holding AG
Management Board