Successful placement of a EUR 600 m benchmark bond

16.10.2006

DAPO successfully placed a benchmark bond with a volume of EUR 600 m in the European capital markets.

DAPO successfully placed a benchmark bond with a volume of EUR 600 m in the European capital markets. The issue is a floater with a five year maturity. The order book was oversubscribed within one day with a foreign share of more than 50%. The issue was placed with 40 institutional investors in ten European countries and is used for refinancing the asset growth.

The bond is documented off the existing "European Medium Term Note-Program" and is listed in Luxembourg. For fiscal year 2006 approximately EUR 3.7 bn long-term issues are planed.

DAPO is rated A/A-1/positive outlook by S&P and A2/P-1/C+/stable outlook by Moody's.