Archive 2008 - 2003 - Share Voting Rights Disclosures

On 26 November 2008 BT Pension Scheme, UK, et al. Have informed us about the following:

'Below, we Hermes Administration Services Limited as the authorised administration agent on behalf of BT Pension Scheme Trustees Limited, London, England ('BTPSTL') would like to make the following notifications regarding the holding of voting rights held in the Company according to §§ 21, 22 WpHG in the name of BTPSTL and its subsidiaries:

BriTel Fund Nominees Limited, London, England ('BFNL');
BriTel Fund Trustees Limited, London, England ('BFTL');
Hermes Fund Managers Limited, London, England ('HFML');
Hermes Focus Asset Management Europe Limited, London, England ('HFAMEL');
Hermes Focus Asset Management Limited, London, England ('HFAML'); and
Hermes European Focus Fund I, London, England ('HEFF').

Notification of voting rights for BTPSTL
On 25th November 2008 the voting interest held by BTPSTL in the Company fell below the 3% threshold of § 21 para. 1 WpHG and amounted to 2.948% of the voting rights (i.e. 1,260,521 shares with voting rights) on that day.
All of these 2.948% of the voting rights were attributed to BTPSTL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG.
2.813% of the voting rights (i.e. 1,202,623 shares with voting rights) were also attributed to BTPSTL pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. 2.813% of the voting rights (i.e. 1,202,623 shares with voting rights) were held directly by Chase Nominees Limited, London.
Notification of voting rights in the name and on behalf of BFNL
On 25th November 2008 the voting interest held by BFNL in the Company fell below the 3% threshold of § 21 para. 1 WpHG and amounted to 2.948% of the voting rights (i.e. 1,260,521 shares with voting rights) on that day.
All of these 2.948% of the voting rights were attributed to BFNL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG.
2.813% of the voting rights (i.e. 1,202,623 shares with voting rights) were also attributed to BFNL pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. 2.813% of the voting rights (i.e. 1,202,623 shares with voting rights) were held directly by Chase Nominees Limited, London.
Notification of voting rights in the name and on behalf BFTL
On 25th November 2008 the voting interest held by BFTL in the Company fell below the 3% threshold of § 21 para. 1 WpHG and amounted to 2.948% of the voting rights (i.e. 1,260,521 shares with voting rights) on that day.
All of these 2.948% of the voting rights were attributed to BFTL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG.
2.813% of the voting rights (i.e. 1,202,623 shares with voting rights) were also attributed to BFTL pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. 2.813% of the voting rights (i.e. 1,202,623 shares with voting rights) were held directly by Chase Nominees Limited, London.
Notification of voting rights in the name and on behalf of HFML
On 25th November 2008 the voting interest held by HFML in the Company fell below the 3% threshold of § 21 para. 1 WpHG and amounted to 2.948% of the voting rights (i.e. 1,260,521 shares with voting rights) on that day.
All of these 2.948% of the voting rights were attributed to HFML pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG.
2.813% of the voting rights (i.e. 1,202,623 shares with voting rights) were also attributed to HFML pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. 2.813% of the voting rights (i.e. 1,202,623 shares with voting rights) were held directly by Chase Nominees Limited, London.
Notification of voting rights in the name and on behalf of HFAMEL
On 25th November 2008 the voting interest held by HFAMEL in the Company fell below the 3% threshold of § 21 para. 1 WpHG and amounted to 2.813% of the voting rights (i.e. 1,202,623 shares with voting rights) on that day.
All of these 2.813% of the voting rights were attributed to HFAMEL pursuant to § 22 para. 1 sent. 1 no. 6 and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 2.813% of the voting rights were held directly by Chase Nominees Limited, London.
Notification of voting rights in the name and on behalf of HFAML
On 25th November 2008 the voting interest held by HFAML in the Company fell below the 3% threshold of § 21 para. 1 WpHG and amounted to 2.813% of the voting rights (i.e. 1,202,623 shares with voting rights) on that day.
All of these 2.813% of the voting rights were attributed to HFAML pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG.
All of these 2.813% of the voting rights were held directly by Chase Nominees Limited, London.
Notification of voting rights in the name and on behalf of HEFF
On 21st November 2008 the voting interest held by HEFF in the Company fell below the 3% threshold of § 21 para. 1 WpHG and amounted to 2.717% of the voting rights (i.e. 1,161,652 shares with voting rights) on that day.
All of these 2.717% of the voting rights in the Company were attributed to HEFF pursuant to § 22 para. 1 sent. 1 no. 2 WpHG. All of these 2.717% of the voting rights were held directly by Chase Nominees Limited, London.'

Wiesbaden, November 2008

Aareal Bank AG

The management board

_________________________________________________________________________

28.10.2008

On October 24, 2008, Franklin Mutual Advisers, LLC, New Jersey, USA has informed us according to Article 21, Section 1 of the WpHG that via shares its Voting Rights on Aareal Bank AG, Wiesbaden, Deutschland, ISIN: DE0005408116, WKN: 540811, have fallen below the 3% limit of the Voting Rights on October 23, 2008 and on that day amount to 2.91% (this corresponds to 1245152 Voting Rights). According to Article 22, Section 1, Sentence 1, No. 6 of the WpHG, 2.91% of the Voting Rights (this corresponds to 1245152 Voting Rights) is to be attributed to the company.

Wiesbaden, October 2008

Aareal Bank AG

The management board

_________________________________________________________________________

15.10.2008

On October 14, 2008, Franklin Templeton Investment Funds, Luxembourg, Luxembourg has informed us according to Article 21, Section 1 of the WpHG that its Voting Rights on Aareal Bank AG, Wiesbaden, Germany, ISIN: DE0005408116, WKN: 540811, have fallen below the 3% limit of the Voting Rights on October 13, 2008 and on this day amount to 2.98% (this corresponds to 1273666 Voting Rights).

Additionally, on October 14, 2008, Franklin Mutual Advisers LLC, Short Hills, USA, has informed us according to Article 21, Section 1 of the WpHG that its Voting Rights on Aareal Bank AG, Wiesbaden, Germany, ISIN: DE0005408116, WKN: 540811, have fallen below the 5% limit of the Voting Rights on October 10, 2008 and on this day amount to 4.78% (this corresponds to 2043434 Voting Rights). Thereof 4.78% (2043434 Voting Rights) were attributable to Franklin Mutual Advisers, LLC according to Article 22, Section 1, Sentence 1, No. 6 WpHG.

Wiesbaden, October 2008

Aareal Bank AG

The management board

_________________________________________________________________________

On 8 October 2008 BT Pension Scheme, UK, et al. have informed us about the following:

"Below, we Hermes Administration Services Limited as the authorised administration agent on behalf of BT Pension Scheme Trustees Limited, London, England, ('BTPSTL')would like to make the following notifications regarding the holding of voting rights held in the Company according to §§ 21, 22 WpHG in the name of BTPSTL and its subsidiaries:

BriTel Fund Nominees Limited, London, England ('BFNL');
BriTel Fund Trustees Limited, London, England ('BFTL');
Hermes Fund Managers Limited, London, England ('HFML');
Hermes Focus Asset Management Europe Limited, London, England
('HFAMEL');
Hermes Focus Asset Management Limited, London, England('HFAML'); and
Hermes European Focus Fund I, London, England('HEFF').

1 Notification of voting rights for BTPSTL
On 7th October 2008 the voting interest held by BTPSTL in the Company fell below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the voting rights (i.e. 2,123,955 shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to BTPSTL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 4.967% of the voting rights were held directly by Chase Nominees Limited, London, England.

2 Notification of voting rights in the name and on behalf of BFNL
On 7th October 2008 the voting interest held by BFNL in the Company fell below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the voting rights (i.e. 2,123,955 shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to BFNL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 4.967% of the voting rights were held directly by Chase Nominees Limited, London, England.

3 Notification of voting rights in the name and on behalf BFTL
On 7th October 2008 the voting interest held by BFTL in the Company fell below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the voting rights (i.e. 2,123,955 shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to BFTL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 4.967% of the voting rights were held directly by Chase Nominees Limited, London, England.

4 Notification of voting rights in the name and on behalf of HFML
On 7th October 2008 the voting interest held by HFML in the Company fell below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the voting rights (i.e. 2,123,955 shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to HFML pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 4.967% of the voting rights were held directly by Chase Nominees Limited, London, England.

5 Notification of voting rights in the name and on behalf of HFAMEL
On 7th October 2008 the voting interest held by HFAMEL in the Company fell below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the voting rights (i.e. 2,123,955 shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to HFAMEL pursuant to § 22 para. 1 sent. 1 no. 6 and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 4.967% of the voting rights were held directly by Chase Nominees Limited, London, England.

6 Notification of voting rights in the name and on behalf of HFAML
On 7th October 2008 the voting interest held by HFAML in the Company fell below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.967% of the voting rights (i.e. 2,123,955 shares with voting rights) on that day.

All of these 4.967% of the voting rights were attributed to HFAML pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG.
All of these 4.967% of the voting rights were held directly by Chase Nominees Limited, London, England.

7 Notification of voting rights in the name and on behalf of HEFF
On 6th October 2008 the voting interest held by HEFF in the Company fell below the 5% threshold of § 21 para. 1 WpHG and amounted to 4.548% of the voting rights (i.e. 1,944,547 shares with voting rights) on that day.

All of these 4.548% of the voting rights in the Company were attributed to HEFF pursuant to § 22 para. 1 sent. 1 no. 2 WpHG. All of these 4.548% of the voting rights were held directly by Chase Nominees Limited, London, England."

Wiesbaden, October 2008

Aareal Bank AG

The management board

_________________________________________________________________________

On 12 September 2008 Hermes Administration Services Limited has informed us about the following:

"Below, we Hermes Administration Services Limited as the authorised administration agent on behalf of BT Pension Scheme Trustees Limited, London, England, ("BTPSTL") would like to make the following notifications regarding the holding of voting rights held in the Company according to §§ 21, 22 WpHG in the name of BTPSTL and its subsidiaries:

BriTel Fund Nominees Limited, London, England ("BFNL")
BriTel Fund Trustees Limited, London, England ("BFTL")
Hermes Fund Managers Limited, London, England ("HFML")
Hermes Focus Asset Management Europe Limited, London, England ("HFAML")
Hermes Focus Asset Management Limited, London, England ("HFAML")

1. Notification of voting rights for BTPSTL
On 9 September 2008 the voting interest held by BTPSTL in the Company fell below the 10% threshold of § 21 para. 1 WpHG and amounted to 9.814% of the voting rights (i. e. 4,196,000 shares with voting rights) on that day.

All of these 9.814% of the voting rights were attributed to BTPSTL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 9,814% of the voting rights were held directly by Chase Nominees Limited, London.

2. Notification of voting rights in the name and on behalf of BFNL
On 9 September 2008 the voting interest held by BFNL in the Company fell below the 10% threshold of § 21 para. 1 WpHG and amounted to 9.814% of the voting rights (i. e. 4,196,000 shares with voting rights) on that day.

All of these 9.814% of the voting rights were attributed to BFNL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 9,814% of the voting rights were held directly by Chase Nominees Limited, London.

3. Notification of voting rights in the name and on behalf of BFTL
On 9 September 2008 the voting interest held by BFTL in the Company fell below the 10% threshold of § 21 para. 1 WpHG and amounted to 9.814% of the voting rights (i. e. 4,196,000 shares with voting rights) on that day.

All of these 9.814% of the voting rights were attributed to BFTL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 9,814% of the voting rights were held directly by Chase Nominees Limited, London.

4. Notification of voting rights in the name and on behalf of HFML
On 9 September 2008 the voting interest held by HFML in the Company fell below the 10% threshold of § 21 para. 1 WpHG and amounted to 9.814% of the voting rights (i. e. 4,196,000 shares with voting rights) on that day.

All of these 9.814% of the voting rights were attributed to HFML pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 9,814% of the voting rights were held directly by Chase Nominees Limited, London.

5. Notification of voting rights in the name and on behalf of HFAMEL
On 9 September 2008 the voting interest held by HFAMEL in the Company fell below the 10% threshold of § 21 para. 1 WpHG and amounted to 9.814% of the voting rights (i. e. 4,196,000 shares with voting rights) on that day.

All of these 9.814% of the voting rights were attributed to HFAMEL pursuant to § 22 para. 1 sent. 1 no. 6 and § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 9,814% of the voting rights were held directly by Chase Nominees Limited, London.

6. Notification of voting rights in the name and on behalf of HFAML
On 9 September 2008 the voting interest held by HFAML in the Company fell below the 10% threshold of § 21 para. 1 WpHG and amounted to 9.814% of the voting rights (i. e. 4,196,000 shares with voting rights) on that day.

All of these 9.814% of the voting rights were attributed to HFAML pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. All of these 9,814% of the voting rights were held directly by Chase Nominees Limited, London.”

Wiesbaden, September 2008

Aareal Bank AG

The management board

_________________________________________________________________________

On 19 June 2008 Hermes Administration Services Limited has informed us about the following, revising the notification dated June 15, 2005:

‘Notification of voting rights (Stimmrechtsmitteilungen) in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany (the "Company")

Amendment of our notification of 15th June 2005

Below, we Hermes Administration Services Limited as the duly appointed authorised administration agent (at the time of the relevant notification) on behalf of BriTel Fund Trustees Limited, London, England ("BFTL") would like to make the following notifications regarding the holding of voting rights held in the Company according to §§ 21, 22 WpHG in the name of BFTL and its subsidiaries:

BriTel Fund Nominees Limited, London, England ("BFNL"); and
Hermes Fund Managers Limited (previously Hermes Pensions Management Limited), London, England ("HFML").

Notification of voting rights in the name and on behalf BFTL
On 9 June 2005 the voting interest held by BFTL in the Company exceeded the 5% threshold of § 21 para. 1 WpHG and amounted to 5.009% of the voting rights (i.e. 1,947,099 shares with voting rights) on that day.
All of these 5.009% of the voting rights in the Company were attributed to BFTL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG. 4.665% of these voting rights (i.e. 1,813,099 shares with voting rights) were also attributed to BFTL pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG.
0.345% of the voting rights (i.e. 134,000 shares with voting rights) were attributed to BFTL pursuant to § 22 para. 1 sent. 1 no. 1 in connection with § 22 para. 1 sent. 2 WpHG (via BFNL which held 0.345% of the voting rights directly on that day).
4.665% of the voting rights (i.e. 1,813,099 shares with voting rights) were held directly by Chase Nominees Limited, London, England.
Notification of voting rights in the name and on behalf of BFNL
On 9 June 2005 the voting interest held by BFNL in the Company exceeded the 5% threshold of § 21 para. 1 WpHG and amounted to 5.009% of the voting rights (i.e. 1,947,099 shares with voting rights) on that day.
BFNL held 0.345% of the voting rights (i.e. 134,000 shares with voting rights) in the Company directly. A further 4.665% of the voting rights (i.e. 1,813,099 shares with voting rights) were also attributed to BFNL pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG and also pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG.
4.665% of the voting rights (i.e. 1,813,099 shares with voting rights) were held directly by Chase Nominees Limited, London, England.
Notification of voting rights in the name and on behalf of HFML
On 9 June 2005 the voting interest held by HFML in the Company exceeded the 5% threshold of § 21 para. 1 WpHG and amounted to 5.009% of the voting rights (i.e. 1,947,099 shares with voting rights) on that day.
All of these 5.009% of the voting rights in the Company were attributed to HFML pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG. 4.665% of these voting rights (i.e. 1,813,099 shares with voting rights) were also attributed to HFML pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG.

4.665% of the voting rights (i.e. 1,813,099 shares with voting rights) were held directly by Chase Nominees Limited, London, England.'

Secondly on 19 June 2008 Hermes Administration Services Limited has informed us about the following:

‘Notification of voting rights (Stimmrechtsmitteilungen) in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany (the "Company")

Below, we Hermes Administration Services Limited would like to make the following notifications regarding the holding of voting rights in the Company according to §§ 21, 22 WpHG. We are making this notification as the authorised administration agent on behalf of the following companies:

Hermes Focus Asset Management Europe Limited, London, England ("HFAMEL"); and
Hermes Focus Asset Management Limited, London, England ("HFAML").

Notification of voting rights in the name and on behalf of HFAMEL
On 13 June 2005 the voting interest held by HFAMEL in the Company exceeded the 5% threshold of § 21 para. 1 WpHG and amounted to 5.247% of the voting rights (i.e. 2,039,595 shares with voting rights) on that day.
All of these 5.247% of the voting rights in the Company were attributed to HFAMEL pursuant to § 22 para. 1 sent. 1 no. 6 WpHG and § 22 para. 1 sent. 1 no. 2 in connection with sent. 2 WpHG. All of these 5.247% of the voting rights were held directly by Chase Nominees Limited, London, England.
Notification of voting rights in the name and on behalf of HFAML
On 13 June 2005 the voting interest held by HFAML in the Company exceeded the 5% threshold of § 21 para. 1 WpHG and amounted to 5.247% of the voting rights (i.e. 2,039,595 shares with voting rights) on that day.
All of these 5.247% of the voting rights in the Company were attributed to HFAML pursuant to § 22 para. 1 sent. 1 no. 2 in connection with sent. 2 WpHG. All of these 5.247% of the voting rights were held directly by Chase Nominees Limited, London, England.'

Thirdly on 19 June 2008 Hermes Administration Services Limited has informed us about the following:

‘Notification of voting rights (Stimmrechtsmitteilungen) in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany (the "Company")

Below, we Hermes Administration Services Limited as the authorised administration agent on behalf of Hermes Focus Asset Management Europe Limited, as General Partner of the Hermes European Focus Fund I, of London, England ("HEFF") would like to make the following notification regarding the holding of voting rights held in the Company according to §§ 21, 22 WpHG in the name of HEFF.
Notification of voting rights in the name and on behalf of HEFF
On 3 October 2005 the voting interest held by HEFF in the Company exceeded the 5% threshold of § 21 para. 1 WpHG and amounted to 5.089% of the voting rights (i.e. 1,978,096 shares with voting rights) on that day.
All of these 5.089% of the voting rights in the Company were attributed to HEFF pursuant to § 22 para. 1 sent. 1 no. 2 WpHG. All of these 5.089% of the voting rights were held directly by Chase Nominees Limited, London, England.'

Fourthly on 19 June 2008 Hermes Administration Services Limited has informed us about the following:

‘Notification of voting rights (Stimmrechtsmitteilungen) in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany (the "Company")

Below, we Hermes Administration Services Limited as the authorised administration agent on behalf of BT Pension Scheme Trustees Limited, of London, England ("BTPSTL") would like to make the following notifications regarding the holding of voting rights held in the Company according to §§ 21, 22 WpHG in the name of BTPSTL.
Notification of voting rights for BTPSTL
On 14 December 2006 the voting interest held by BTPSTL in the Company exceeded the 5% threshold of § 21 para. 1 WpHG and amounted to 8.439% of the voting rights (i.e. 3,608,109 shares with voting rights) on that day.
8.335% of the voting rights in the Company (i.e. 3,563,509 shares with voting rights) were attributed to BTPSTL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG. 8.056% of these shares (i.e. 3,444,500 shares with voting rights) were also attributed pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. 0.383% of the voting rights (i.e. 163,609 shares with voting rights) are attributed according to § 22 para. 1 sent. 1 no. 1 WpHG.
8.056% of the voting rights (i.e. 3,444,500 shares with voting rights) were held directly by Chase Nominees Limited, London, England.'

Fifthly on 19 June 2008 Hermes Administration Services Limited has informed us about the following revising the notification dated August 3, 2007:

‘Notification of voting rights (Stimmrechtsmitteilungen) in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany (the "Company")

Amendment of our notification of August 3rd, 2007

BriTel Fund Nominees Limited, London, England ("BFNL");
BriTel Fund Trustees Limited, London, England ("BFTL"); and
Hermes Fund Managers Limited, London, England ("HFML").

Notification of voting rights for BTPSTL
On 2 August 2007 the voting interest held by BTPSTL in the Company exceeded the 10% threshold of § 21 para. 1 WpHG and amounted to 10.225% of the voting rights (i.e. 4,371,792 shares with voting rights) on that day.
All of these 10.225% of the voting rights (i.e. 4,371,792 shares with voting rights) in the Company were attributed to BTPSTL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG. 9.596% of these shares were also attributed pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG. 0,629 % of the voting rights are attributed according to § 22 para. 1 sent. 1 no. 1 WpHG.
9.596% of the voting rights (i.e. 4,102,843 shares with voting rights) were held directly by Chase Nominees Limited, London, England.
Notification of voting rights in the name and on behalf of BFNL
On 2 August 2007 the voting interest held by BFNL in the Company exceeded the 10% threshold of § 21 para. 1 WpHG and amounted to 10.225% of the voting rights (i.e. 4,371,792 shares with voting rights) on that day.
BFNL held 0.629% of the voting rights (i.e. 269,009 shares with voting rights) in the Company directly. It was attributed a further 9.596% of the voting rights (i.e. 4,102,843 shares with voting rights) pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG and also pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG.
9.596% of the voting rights (i.e. 4,102,843 shares with voting rights) were held directly by Chase Nominees Limited, London, England.
Notification of voting rights in the name and on behalf BFTL
On 2 August 2007 the voting interest held by BFTL in the Company exceeded the 10 % threshold of § 21 para. 1 WpHG and amounted to 10.225% of the voting rights (i.e. 4,371,792 shares with voting rights) on that day.
All of these 10.225% of the voting rights (i.e. 4,371,792 shares with voting rights) in the Company were attributed to BFTL pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG. 9.596% of the voting rights were also attributed pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG.
0.629% of the voting rights (i.e. 269,009 shares with voting rights) were attributed to BFTL pursuant to § 22 para. 1 sent. 1 no. 1 WpHG (via BFNL which held 0.629% of the voting rights directly on that day).
9.596% of the voting rights (i.e. 4,102,843 shares with voting rights) were held directly by Chase Nominees Limited, London, England.
Notification of voting rights in the name and on behalf of HFML
On 2 August 2007, the voting interest held by HFML in the Company exceeded the 10% threshold of § 21 para. 1 WpHG and amounted to 10.225% of the voting rights (i.e. 4,371,792 shares with voting rights) on that day.
All of these 10.225% of the voting rights (i.e. 4,371,792 shares with voting rights) in the Company were attributed to HFML pursuant to § 22 para. 1 sent. 1 no. 6 in connection with § 22 para. 1 sent. 2 WpHG. 9.596% of these voting rights (i.e. 4,102,843 shares with voting rights) in the Company were also attributed to HFML pursuant to § 22 para. 1 sent. 1 no. 2 in connection with § 22 para. 1 sent. 2 WpHG.
9.596% of the voting rights (i.e. 4,102,843 shares with voting rights) were held directly by Chase Nominees Limited, London, England.

Sixthly on 19 June 2008 Hermes Administration Services Limited has informed us about the following:

‘Notification of voting rights (Stimmrechtsmitteilungen) in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany (the "Company")

Hermes Focus Asset Management Europe Limited, London, England ("HFAMEL"); and
Hermes Focus Asset Management Limited, London, England ("HFAML").

Notification of voting rights in the name and on behalf of HFAMEL
On 8 August 2007 the voting interest held by HFAMEL in the Company exceeded the 10% threshold of § 21 para. 1 WpHG and amounted to 10.517% of the voting rights (i.e. 4,496,505 shares with voting rights) on that day.
All of these 10.517% of the voting rights (i.e. 4,496,505 shares with voting rights) in the Company were attributed to HFAMEL pursuant to § 22 para. 1 sent. 1 no. 6 WpHG and § 22 para. 1 sent. 1 no. 2 in connection with sent. 2 WpHG. All of these 10.517% of the voting rights (i.e. i.e. 4,496,505 shares with voting rights) were held directly by Chase Nominees Limited, London, England.
Notification of voting rights in the name and on behalf of HFAML
On 8 August 2007 the voting interest held by HFAML in the Company exceeded the 10% threshold of § 21 para. 1 WpHG and amounted to 10.517% of the voting rights (i.e. 4,496,505 shares with voting rights) on that day.

All of these 10.517% of the voting rights (i.e. 4,496,505 shares with voting rights) in the Company were attributed to HFAML pursuant to § 22 para. 1 sent. 1 no. 2 in connection with sent. 2 WpHG. All of these 10.517% of the voting rights (i.e. 4,496,505 shares with voting rights) were held directly by Chase Nominees Limited, London, England.'

Wiesbaden, June 2008

Aareal Bank AG

The management board

_________________________________________________________________________

On 22 May, 2008 Franklin Mutual Advisers, LLC, Short Hills, NJ, USA, has informed us about the following:

'Amended notification pursuant to Sec. 21 (1), 22 WpHG

Franklin Mutual Advisers, LLC, Short Hills, NJ 07078, herewith amends its notification dated 15 May 2008, and gives notice pursuant to Section 21 (1) that its share of the total voting rights in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, has exceeded the threshold of 5% on 14 May, 2008 when voting rights reached 5.21% which totals to 2,228,321 voting shares. All of these voting rights were attributable to us under Section 22 paragraph 1 sent. 1 No 6 WpHG. 3.28% of these voting rights are conferred by shares held by the Franklin Templeton Investment Funds, an investment company established under the laws of Luxemburg, for which we act as discretionary investment manager.

Please note that Franklin Mutual Advisers, LLC, shareholdings exceeded the 3% threshold (but was less than the 5%) before the effective date of 20 January 2007. In this regard, German counsel advised us that a notification was not required until a subsequent threshold of less than 3% of 5% or more was crossed.

Wiesbaden, May 2008

Aareal Bank AG

The management board

_________________________________________________________________________

On May 15, 2008, Franklin Resources, Inc., USA, has informed us about the following:

'Franklin Mutual Advisers, LLC, USA, hereby gives notice pursuant to Section 21 (1) that its share of the total voting rights in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, has exceeded the threshold of 5% on 14 May, 2008 when voting rights reached 5.21% which totals to 2,228,321 voting shares. All of these voting rights were attributable to us under Section 22 paragraph 1 sent. 1 No 6 WpHG.

Wiesbaden, im Mai 2008

Aareal Bank AG

_________________________________________________________________________

09.04.2008

With letter of March 11, 2008, which we received on April 9, 2008, Union Investment Privatfonds GmbH, Frankfurt, Germany, has informed us according to Article 21, Section 1 of the WpHG that via shares its Voting Rights on Aareal Bank AG, Wiesbaden, Germany, ISIN: DE0005408116, WKN: 540811, have fallen below the 3% limit of the Voting Rights on March 11, 2008 and now amount to 2.98% (this corresponds to 1272900 Voting Rights).

DGAP 09.04.2008

Wiesbaden, April 2008

Aareal Bank AG

The Management Board

_________________________________________________________________________

31.01.2008

On January 31, 2008, Union Investment Privatfonds GmbH Frankfurt, Germany, has informed us according to Article 21, Section 1 of the WpHG that via shares its Voting Rights on Aareal Bank AG, Wiesbaden, Deutschland, ISIN: DE0005408116, WKN: 540811, have exceeded the 3% limit of the Voting Rights on January 29, 2008 and now amount to 3.10% (this corresponds to 1323300 Voting Rights).

Wiesbaden, January 2008

Aareal Bank AG

The Management Board

_________________________________________________________________________

31.01.2008

"29 January 2008

Notification of Voting Rights (Stimmrechtsmitteilung)

in the name and on behalf of FMR LLC, Boston, Massachusetts 02109, USA, we hereby notify you pursuant to section 21 (1) WpHG of the following:

On 25th January 2008 the voting rights held by FMR LLC fell below the threshold of 3% of the voting rights in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany. On that date, FMR LLC held 2,56% of the voting rights in Aareal Bank AG, arising from 1.096.609 voting rights.

All voting rights in Aareal Bank AG were attributed to FMR LLC pursuant to section 22 (1) sent. 1 no. 6 in connection with sent. 2 WpHG.

29 January 2008

Notification of Voting Rights (Stimmrechtsmitteilung)

in the name and on behalf of Fidelity Management & Research Company, Boston, Massachusetts 02109, USA, we hereby notify you pursuant to section 21 (1) WpHG of the following:

On 25th January 2008 the voting rights held by Fidelity Management & Research Company fell below the threshold of 3% of the voting rights in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany. On that date, Fidelity Management & Research Company held 2,56% of the voting rights in Aareal Bank AG, arising from 1.094.534 voting rights.

All voting rights in Aareal Bank AG were attributed to Fidelity Management & Research Company pursuant to section 22 (1) sent. 1 no. 6 WpHG.

29 January 2008

Notification of Voting Rights (Stimmrechtsmitteilung)

in the name and on behalf of Fidelity Investment Trust, Boston, Massachusetts 02109, USA, we hereby notify you pursuant to section 21 (1) WpHG of the following:

On 25th January 2008 Fidelity Investment Trust crossed below the threshold of 3% of the voting rights in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany. On that date, Fidelity Investment Trust held 2,56% of the voting rights in Aareal Bank AG, arising from 1.094.534 voting rights.”

Wiesbaden, January 2008
Aareal Bank AG

The management board

_________________________________________________________________________

17.01.2008

On January 16, 2008, Fidelity Investment Trust, Boston, Massachusetts, USA, has informed us according to Article 21, Section 1 of the WpHG that via shares its Voting Rights on Aareal Bank AG, Wiesbaden, Deutschland, ISIN: DE0005408116, WKN: 540811, have exceeded the 3% limit of the Voting Rights on August 06, 2007 and now amount to 3.08% (this corresponds to 1315235 Voting Rights).

Wiesbaden, January 2008
Aareal Bank AG

The management board

_________________________________________________________________________

09.01.2008

On June 19, 2007 , Union Investment Privatfonds GmbH, 60329 Frankfurt, Germany, has informed us according to Article 21, Section 1 of the WpHG that via shares its Voting Rights on Aareal Bank AG, Wiesbaden, Deutschland, ISIN: DE0005408116, WKN: 540811, have fallen below the 3% limit of the Voting Rights on June 19, 2007 and now amount to 2.91% (this corresponds to 1244500 Voting Rights).

Wiesbaden, January 2008

Aareal Bank AG

The management board

_________________________________________________________________________

5. November 2007

On 1st November 2007 Fidelity International in Tadworth, United Kingdom, has informed us about the following:

"As a result of an internal merger reorganisation effective from 1st October 2007, FMR LLC. (a Delaware limited liability company with its principal place of business in Boston, USA) became the successor entity to FMR Corp. and has assumed all its rights and obligations.

We therefore notify you that on 1st October 2007 FMR LLC. held 3.29% of the voting rights (voting rights arising of 1,404,640 shares in Aareal Bank AG) and therefore exceeded the threshold of 3%. All of the voting rights of FMR LLC. are attributed to it pursuant to sec. 22 para. 1. sent 1 no. 6 and sent. 2 of the German Securities Trade Act."

Wiesbaden, November 2007

Aareal Bank AG

The management board

_________________________________________________________________________

20. September 2007

Amendment of the announcement dated 18 September 2007, 3:55 pm:

On 14th September 2007 Julius Bär Holding AG, Zürich, Switzerland, has informed us about the following:

“Notice regarding proportion of voting rights pursuant to sec. 21 para. 1 WpHG

We hereby like to inform you pursuant to sec. 21 para. 1 WpHG that on 11 September 2007 our percentage holding of the voting rights in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany, crossed below the threshold of 3% an amounted to 2,99% (exact number of voting rights: 1,277,706 shares) both in relation to the total number of voting rights of the issuer and in relation to all voting shares of the same share class.

The voting rights are entirely attributable to us pursuant to sec. 22 para. 1 sentence 1 no. 6 WpHG in connection with sec. 22 para. 1 sentence 2 WpHG through Julius Baer Investment Management LLC, New York, USA."

This announcement refers to the following announcement of Julius Baer Investment Management LLC, New York, USA:

"We hereby like to inform you pursuant to sec. 21 para. 1 WpHG that on 11 September 2007 our percentage holding of the voting rights in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany, crossed below the threshold of 3% and amounted to 2,99% (exact number of voting rights: 1,277,706 shares) both in relation to the total number of voting rights of the issuer and in relation to all voting shares of the same share class.

The voting rights are entirely attributable to us pursuant to sec. 22 para. 1 sentence 1 no. 6 WpHG."

_________________________________________________________________________

18. September 2007

"We hereby like to inform you pursuant to sec. 21 para. 1 WpHG that on 11 September 2007 our percentage holding of the voting rights in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany, crossed below the threshold of 3% an amounted to 2,99% (exact number of voting rights: 1,277,706 shares) both in relation to the total number of voting rights of the issuer and in relation to all voting shares of the same share class.

The voting rights are entirely attributable to us pursuant to sec 22 para 1 sentence 1 no 6 WpHG in connection with sec. 22 para 1 sentence 2 WpHG through Julius Baer Investment Management LLC, 330 Madison Avenue, NY 10017 New York, USA."

This announcement refers to the following announcement of Julius Baer Investment Management LLC, New York, USA:

"We hereby like to inform you pursuant to sec. 21 para. 1 WpHG that on 11 September 2007 our percentage holding of the voting rights in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany, crossed below the threshold of 3% an amounted to 2,99% (exact number of voting rights: 1,277,706 shares) both in relation to the total number of voting rights of the issuer and in relation to all voting shares of the same share class.

The voting rights are entirely attributable to us pursuant to sec 22 para 1 sentence 1 no 6 WpHG."

Wiesbaden, September 2007

Aareal Bank AG

The management board

_________________________________________________________________________

On 14th September 2007 Julius Baer Americas Inc., USA, has informed us about the following:

"Notice regarding proportion of voting rights pursuant to sec. 21 para 1 WpHG

Wiesbaden, September 2007

Aareal Bank AG

The management board

_________________________________________________________________________

On 3rd August 2007 BT Pension Scheme in London, United Kingdom, has informed us about the following:

“Notification pursuant to § 21, 22 WpHG: Aareal Bank AG (Sedol No. 7380062)

We hereby give notice, pursuant to § 21 para. 1 of the WpHG, that on 2nd August 2007 the voting interest held by Hermes Focus Asset Management Europe Limited., Lloyds Chambers, 1 Portsoken Street, London E1 8HZ U. K. in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany, increased above the threshold of 3% and amounted to 10,225 %, i. e. 4,371,792 voting rights at this day.

9,596% of the voting shares are held by Hermes Focus Asset Management Europe Limited. These are attributable to the BT Pension Scheme in accordance with § 22 para. 1 sent. 1 No. 7 of the WpHG.

As the mayority of shares in Hermes Focus Asset Management Europe Limited is owned by BT Pension Scheme, the following notification is also necessary:

We hereby give notice, pursuant to § 21 para. 1 of the WpHG, that on 2nd August 2007 the voting interest held by BT Pension Scheme, Lloyds Chambers, 1 Portsoken Street, London E1 8HZ U. K. in Aareal Bank AG, Paulinenstrasse 15, 65189 Wiesbaden, Germany, increased above the threshold of 3% and amounted to 10,225%, i. e. 4,371,792 voting rights at this day.

All voting rights are attributable to BT Pension Scheme in accordance with § 22 para. 1 sent. 1 no. 6 and sent. 2 of the WpHG. BT Pension Scheme is the majority shareholder of Hermes Focus Asset Management Europe Limited."

DGAP 03.08.2007

_________________________________________________________________________

Release of an announcement according to Article 21 WpHG (German Securities Trading Act)

On May 23, 2007 , Union Investment Luxembourg S. A. 308, route d´Esch, L-1471 Luxembourg, Luxembourg has informed us according to Article 21, Section 1 WpHG that via shares its Voting Rights on Aareal Bank AG, Wiesbaden, Deutschland, ISIN: DE0005408116, WKN: 540811, have fallen below the 3% limit of the Voting Rights on May 22, 2007 and now amount to 1.38%
(this corresponds to 588147 Voting Rights).

DGAP 23.05.2007

_________________________________________________________________________

Die Fidelity International Ltd., Tadworth, United Kingdom, teilt uns in ihrer Mitteilung vom 24. Oktober 2006 Folgendes mit:

Mitteilung gem. §§ 21 (1), 22 (1) WpHG

Hiermit teilen wir Ihnen gemäß § 21 (1) WpHG mit, dass der Stimmrechtsanteil der FMR Corp., 82 Devonshire Street, Boston, Massachusetts 02109, USA, an der Aareal Bank AG am 23. Oktober 2006 die Schwelle von 5% unterschritten hat und nun 4,89% beträgt. Die Stimmrechte werden der FMR Corp. gemäß § 22 (1) 2 WpHG i. V. m. § 22 (1) 1 Nr. 6 WpHG zugerechnet.

Die Kontaktperson im Zusammenhang mit dieser Benachrichtigung ist Subha Ravindran, Regulatory Reporting Team Leader, (44) 1737 836713, .

Fidelity International

Wiesbaden, im Oktober 2006

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Die Fidelity International Ltd., Tadworth, United Kingdom, teilt uns in ihrer Mitteilung vom 21. Juli 2006 folgendes mit:

Mitteilung gem. §§ 21 (1), 22 (1) WpHG

Hiermit teilen wir Ihnen gemäß § 21 (1) WpHG mit, dass der Stimmrechtsanteil der FMR Corp., 82 Devonshire Street, Boston, Massachusetts 02109, USA, an der Aareal Bank AG am 20. Juli 2006 die Schwelle von 5% überschritten hat und nun 5,41% beträgt. Die Stimmrechte werden der FMR Corp. gemäß § 22 (1) 2 WpHG i. V. m. § 22 (1) 1 Nr. 6 WpHG zugerechnet.

Die Kontaktperson im Zusammenhang mit dieser Benachrichtigung ist Subha Ravindran, Regulatory Reporting Team Leader, (44) 1737 836713, .

Fidelity International

Wiesbaden, im Juli 2006

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Die Fidelity Investments Ltd., Tadworth, United Kingdom, teilt uns in ihrer Mitteilung vom 8. Juni 2006 folgendes mit:

Mitteilung gemäß §§ 21 (1), 22 (1) WpHG

Hiermit teilen wir Ihnen gemäß § 21 (1) WpHG mit, dass der Stimmrechtsanteil der FMR Corp., 82 Devonshire Street, Boston, Massachusetts 02109, USA, an der Aareal Bank AG am 7. Juni 2006 die Schwelle von 5% unterschritten hat und nun 4,97% beträgt. Die Stimmrechte werden der FMR Corp. gemäß § 22 (1) 2 WpHG i. V. m. § 22 (1) 1 Nr. 6 WpHG zugerechnet.

Die Kontaktperson im Zusammenhang mit dieser Benachrichtigung ist Laura Cotterell, Regulatory Reporting Analyst, (44) 1737 837148, FIL – .

Fidelity Investments Ltd.

Wiesbaden, im Juni 2006

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Die Fidelity Investments Ltd., Tadworth, United Kingdom, teilt uns in ihrer Mitteilung vom 2. Juni 2006 folgendes mit:

Mitteilung gemäß §§ 21 Abs. 1, 22 Abs. 1 WpHG

Hiermit teilen wir Ihnen gemäß § 21 (1) WpHG mit, dass der Stimmrechtsanteil der FMR Corp., 82 Devonshire Street, Boston, Massachusetts 02109, USA, an der Aareal Bank AG am 1. Juni 2006 die Schwelle von 5% erreicht hat und nun 5,00% beträgt. Die Stimmrechte werden der FMR Corp. gemäß § 22 (1) 2 WpHG i. V. m. § 22 (1) 1 Nr. 6 WpHG zugerechnet.

Die Kontaktperson im Zusammenhang mit dieser Benachrichtigung ist Subha Ravindran, Regulatory Reporting Analyst, (44) 1737 836713, FIL – .

Fidelity Investments Ltd.

Wiesbaden, im Juni 2006

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Dezember 2005

Die Rechtsanwälte Gleiss Lutz, Friedrichstraße 71, 10117 Berlin, teilen uns in ihrer Mitteilung vom 6. Dezember 2005 folgendes mit:

„Mitteilung gemäß §§ 21 Abs. 1, 22 Abs. 1 Satz 1 Nr. 6 i.V.m. Satz 2 und 3 WpHG

Wir vertreten die The Capital Group Companies, 333 South Hope Street, Los Angeles, CA 90071, USA. Hiermit teilen wir Ihnen namens und im Auftrag unserer Mandantin mit, dass sie am 29. November 2005 die Schwelle von 5 % der Stimmrechte an der Aareal Bank AG unterschritten hat. Ihr Stimmanteil beträgt nun 4,939% (entspricht 2.111.866 Stammaktien). Alle diese Stimmrechte werden ihr nach § 22 Abs. 1 Satz 1 Nr. 6 i.V.m. Satz 2 und 3 WpHG zugerechnet.“

Gleiss Lutz Rechtsanwälte

Wiesbaden, im Dezember 2005

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Dezember 2005

Die Rechtsanwälte Gleiss Lutz, Friedrichstraße 71, 10117 Berlin, teilen uns in ihrer Mitteilung vom 6. Dezember 2005 folgendes mit:

„Nachträgliche Mitteilung gemäß §§ 21 Abs. 1, 22 Abs. 1 Satz 1 Nr. 6 i.V.m. Satz 2 und 3 WpHG

Wir vertreten die The Capital Group Companies, 333 South Hope Street, Los Angeles, CA-90071, USA. Hiermit teilen wir namens und im Auftrag unserer Mandantin nachträglich mit, dass sie am 28. April 2004 die Schwelle von 5 % der Stimmrechte an der Aareal Bank AG überschritten hat. Ihr Stimmrechtsanteil betrug daraufhin 5,223 % (entsprach 1.845.704 Stammaktien).

Alle diese Stimmrechte wurden ihr gemäß § 22 Abs. 1 Satz 1 Nr. 6 i.V.m. Satz 2 und Satz 3 WpHG zugerechnet.“

Gleiss Lutz Rechtsanwälte

Wiesbaden, im Dezember 2005

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Dezember 2005

Die Rechtsanwälte Gleiss Lutz, Friedrichstraße 71, 10117 Berlin, teilen uns in ihrer Mitteilung vom 1. Dezember 2005 folgendes mit:

"Mitteilung gemäß §§ 21 Abs. 1, 22 Abs. 1 Satz 1 Nr. 6

Wir vertreten die Capital Research and Management Company, 333 South Hope Street, Los Angeles, CA 90071, USA. Hiermit teilen wir Ihnen namens und im Auftrag unserer Mandantin mit, dass sie am 24. November 2005 die Schwelle von 5 % der Stimmrechte an der Aareal Bank AG unterschritten hat. Ihr Stimmanteil beträgt nun 4,283% (entspricht 1.831.086 Stammaktien). Alle diese Stimmrechte werden ihr nach § 22 Abs. 1 Satz 1 Nr. 6 WpHG zugerechnet."

Gleiss Lutz

Wiesbaden, im Dezember 2005

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

August 2005

Die Fidelity Investments Ltd., Tadworth, United Kingdom, teilt uns in ihrer Mitteilung vom 17. August 2005 folgendes mit:

Mitteilung gemäß §§ 21 Abs. 1, 22 Abs. 1 WpHG

Hiermit teilen wir Ihnen im Auftrag und in Vollmacht der Fidelity International Limited, P. O. Box HM 670, Hamilton HMCX, Bermuda gemäß § 21 Abs. 1 WpHG mit, dass der Stimmrechtsanteil der Fidelity International Limited an der Aareal Bank AG am 15. August 2005 die Schwelle von 5 % unterschritten hat und nun 3,89% beträgt.
Die Stimmrechte werden der Fidelity International Limited gemäß § 22 Abs. 1 Satz 1 Nr. 6 WpHG zugerechnet.

Die Kontaktperson im Zusammenhang mit dieser Benachrichtigung ist Subha Ravindran, Regulatory Reporting Analyst, (44) 1737 836713,

Fidelity Investments Ltd.

Wiesbaden, im August 2005

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Juli 2005

Die Fidelity Investments Ltd., Tadworth, United Kingdom, teilt uns in ihrer Mitteilung vom 27. Juli 2005 folgendes mit:

Mitteilung gemäß §§ 21 Abs. 1, 22 Abs. 1 WpHG

Hiermit teilen wir Ihnen im Auftrag und in Vollmacht der Fidelity International Limited, P. O. Box HM 670, Hamilton HMCX, Bermuda gemäß § 21 Abs. 1 WpHG mit, dass der Stimmrechtsanteil der Fidelity International Limited an der Aareal Bank AG, am 26. Juli 2005 die Schwelle von 5 % überschritten hat und nun 5,81% beträgt. Die Stimmrechte werden der Fidelity International Limited gemäß § 22 Abs. 1 S. 1 Nr. 6 WpHG zugerechnet.

Die Kontaktperson im Zusammenhang mit dieser Benachrichtigung ist Subha Ravindran, Regulatory Reporting Analyst, (44) 1737 836713,

Fidelity Investments Ltd.

Wiesbaden, im Juli 2005

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Juni 2005

Die Hermes Administration Services Ltd., Portsoken Street, London E1 8HZ, United Kingdom, teilen uns in ihrer Mitteilung vom 15. Juni 2005 folgendes mit:

„Mitteilung nach § 21, 22 WpHG: Aareal Bank AG

Wir geben gemäß §21, 22 WpHG hiermit bekannt, dass die Treuhänder des BT Pension Scheme am 9. Juni 2005 die Schwelle von 5 % der Stimmrechte an der Aareal Bank AG überschritten haben und der Stimmrechtsanteil nun 5,009% (entspricht 1.947.099 Stimmaktien) beträgt.

0,345% der Stimmrechte werden direkt von dem BT Pension Scheme in einem Fonds gehalten, der von Hermes Investment Management Limited verwaltet wird. 4,665% der Stimmrechte werden von drei UK Limited Partnerships gehalten, die von der Hermes Focus Asset Management Europe Limited verwaltet werden. Diese Stimmrechte sind der BT Pension Scheme gemäß § 22 Abs. 1 Satz 1 Nr. 1 WpHG zuzurechnen, da der BT Pension Scheme die Mehrheit der Aktien an der Hermes Focus Asset Management Europe Limited hält.

Die Treuhänder des BT Pension Scheme haben die Hermes Administration Services Limited beauftragt, für sie als Agent zu handeln und für sie zu zeichnen.

Der BT Pension Scheme, Hermes Focus Asset Management Europe Limited und Hermes Administration Service Limited haben alle ihren Sitz an der oben erwähnten Adresse.

BT Pension Scheme“

Wiesbaden, im Juni 2005

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Februar 2005

Die BNP Paribas S.A., 16, boulevard des Italiens, 75009 Paris, Frankreich, teilt mit Schreiben vom 21. Februar 2005 folgendes mit:

"Hiermit teilen wir Ihnen gemäß § 21 Abs. 1 WpHG mit, dass wir die Schwelle von 5% der Stimmrechte an der Aareal Bank AG am 30. Juli 2004 überschritten haben. Unser Stimmrechtsanteil beträgt 5,01% (1.770.872 Stimmaktien)."

Unter gleichem Datum teilt uns die BNP Paribas S.A., 16, boulevard des Italiens, 75009 Paris, Frankreich, mit:

"Hiermit informieren wir Sie gemäß § 21 Abs. 1 WpHG, dass wir die Schwelle von 5% der Stimmrechte an der Aareal Bank AG am 3. August 2004 unterschritten haben. Unser Stimmrechtsanteil beträgt nun 0,88% (311.450 Stimmaktien)."

BNP Paribas S.A.

Wiesbaden, im Februar 2005

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Mai 2004

Die Rechtsanwälte Gleiss Lutz, Friedrichstraße 71, 10117 Berlin, teilen uns in ihrer Mitteilung vom 4. Mai 2004 folgendes mit:

"Mitteilung nach § 21 Abs. 1, § 22 Abs. 1 Satz 1 Nr. 6 WpHG

i.V.m. § 22 Abs. 1 Satz 2 und 3 WpHG

Wir vertreten die Capital Research and Management Company, 333 South Hope Street, Los Angeles, CA-90071, USA. Hiermit teilen wir namens und im Auftrag unserer Mandantin mit, dass sie am 28. April 2004 die Schwelle von 5 % der Stimmrechte an der Aareal Bank AG überschritten hat. Ihr Stimmrechtsanteil beträgt nun 5,233% (entspricht 1.845.704 Stimmaktien).

Alle diese Stimmrechte werden ihr gemäß § 22 Abs. 1 Satz 1 Nr. 6 WpHG i.V.m. § 22 Abs. 1 Satz 2 und Satz 3 WpHG zugerechnet.“

Gleiss Lutz Rechtsanwälte

Wiesbaden, im Mai 2004

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Februar 2004

Die Rechtsanwälte Gleiss Lutz, Friedrichstraße 71, 10117 Berlin, teilen uns in ihrer Mitteilung vom 9. Februar 2004 folgendes mit:

"Mitteilung gemäß §§ 21 Abs. 1, 22 Abs. 1 Satz 1 Nr. 6 WpHG

Wir vertreten die The Capital Group Companies, Inc., 333 South Hope Street, Los Angeles, CA-90071, USA. Hiermit teilen wir namens und im Auftrag unserer Mandantin mit, dass sie am 5. Februar 2004 die Schwelle von 5 % der Stimmrechte an der Aareal Bank AG unterschritten hat. Ihr Stimmrechtsanteil beträgt nun 4,947 % (entspricht 1.748.000 Stammaktien).

Alle diese Stimmrechte werden ihr gemäß § 22 Abs. 1 Satz 1 Nr. 6 WpHG i.V.m. § 22 Abs. 1 Satz 2 und Satz 3 WpHG zugerechnet."

Gleiss Lutz Rechtsanwälte

Wiesbaden, im Februar 2004

Aareal Bank AG

Der Vorstand

_________________________________________________________________________

Dezember 2003

Die Rechtsanwälte Haarmann, Hemmelrath & Partner, Jungfernstieg 30, 20354 Hamburg, teilen uns in ihrer Mitteilung vom 18. Dezember 2003 folgendes mit:

„Mitteilung gemäß § 21 Absatz 1 WpHG

Wir vertreten die Aareal Holding Verwaltungsgesellschaft mbH, c/o Bankhaus Lampe KG, Jägerhofstraße 10, 40479 Düsseldorf, eine 100 %ige Tochtergesellschaft der DEPFA Holding Verwaltungsgesellschaft mbH, Frankfurt am Main. Hiermit teilen wir namens und im Auftrag unserer Mandantin mit, dass sie am 15. Dezember 2003 die Schwellen von 5, 10 und 25 % der Stimmrechte an der Aareal Bank AG, Wiesbaden, überschritten hat. Ihr Stimmrechtsanteil beträgt danach rund 40,75 %. Die Aareal Holding Verwaltungsgesellschaft mbH hat diese Anteile von der DEPFA Holding Verwaltungsgesellschaft mbH erworben.“

Haarmann Hemmelrath

Wiesbaden, im Dezember 2003

Aareal Bank AG

Der Vorstand