List of Shareholders

Selected participating interests of Aareal Bank AG as at 31 December 2009

The List of Shareholdings of Aareal Bank AG pursuant to Section 313 (2) of the HGB has been published in the electronic German Federal Gazette, and is available here (in German).

lfd
Nr.
Company name Registered office Interest held
(% of capital)
Shareholders'
equity (€ mn)
Results
(€ mn)
1 Aareal Bank AG Wiesbaden      
  I. Consolidated companies        
2 Aareal Bank Asia Limited Singapore 100 % 4.2 mn S$ 0.5 mn S$ 2)
3 Aareal Bank France S.A. Paris 100 % 47.4 3.0 3)
4 Aareal Capital Corporation Wilmington 100 % 175.5 mn USD -11.1 mn USD
5 Aareal Estate AG Wiesbaden 100 % 2.8 0.0 1) 5)
6 Aareal Financial Service, spol. s r.o. Prague 100 % 44.3 mn CZK 16.4 mn CZK 3)
7 Aareal First Financial Solutions AG Wiesbaden 100 % 3.2 0.0 1)
8 Aareal Valuation GmbH Wiesbaden 100 % 0.5 0.0 1)
9 Aareon AG Mainz 100 % 60.8 8.0 5)
10 Deutsche Bau- und Grundstücks- Aktiengesellschaft Berlin 100 % 1.8 -2.3
11 Deutsche Structured Finance GmbH Frankfurt 100 % 4.9 -8.4
  II. Associated companies accounted for at equity        
12 Innovative Banking Solutions AG Wiesbaden 49.0 % 2.3 0.7 4)

1) Controlling and profit transfer agreement
2) Preliminary figures as st 31 December 2009
3) Shareholders' equity and profit/loss as at 31 December 2008
4) Financial year ending 31 March 2009
5) Indirect shareholding