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Ad Hoc: Corporate Communications vom 05.02.2013

Management Board of DAB Bank AG resolves capital increase by issuing 8,270,569 new shares in exchange for cash contributions, preemptive rights excluded

Munich, February 5, 2013.

On February 5, 2013, the Management Board of DAB Bank AG adopted a resolution to increase the company's share capital by EUR 8,270,569.00, from EUR 82,705,706.00 to EUR 90,976,275.00, using the Authorized Capital II established in accordance with Article 4 (4) of the company's Articles of Incorporation, by issuing new shares in exchange for cash contributions. The Executive Committee of the Supervisory Board and the Supervisory Board of DAB Bank AG have not yet approved the resolution, but are expected to do so later today. The Authorized Capital II was adopted by the Annual General Meeting of May 24, 2012. Under the capital increase resolution, 8,270,569 new no-par bearer shares will be issued under a new German WKN security identification number to the majority shareholder, UniCredit Bank AG with its registered head office in Munich, under the exclusion of preemptive rights, for an issue price of EUR 3.96 per share. The issue price is based on the average of the closing prices of the DAB Bank AG share in the XETRA trading system on the last five trading days prior to February 5, 2013. The new shares will qualify for dividends as of January 1, 2013. After the Annual General Meeting of DAB Bank AG to be held on May 16, 2013, the shares issued under the new WKN number will revert to the existing WKN number 507230 (ISIN: DE0005072300).

The exclusive admittance of majority shareholder UniCredit Bank AG to subscribe and accept the new shares makes it possible to conduct the capital increase in a cost-efficient and expeditious manner. The capital increase will not significantly alter the currently existing shareholding structure. When the new shares are issued, the equity interest held by UniCredit Bank AG in DAB Bank AG will rise from the current 79.53 percent to 81.39 percent.

The company will receive gross cash proceeds of EUR 32,751,453.24. The capital increase is in response to the heightened regulatory and internal requirements for the utilization of economic capital and the risk covering potential of banks. The capital increase will ensure an adequate capital base for DAB Bank AG.

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