UniCredit Bank GmbH
Bayerische Hypo- und Vereinsbank AG sells securities and custodial activities to CACEIS
Bayerische Hypo- und Vereinsbank AG / Disposal/Alliance Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- CACEIS, the French securities services provider, will take over the securities and custodial services of HypoVereinsbank (HVB), effective at the end of 2007. Today, both companies signed an agreement to this effect. CACEIS and HVB have been conducting exclusive negotiations since mid-March 2007. The agreement is subject to the consent of the competent regulatory authorities. CACEIS will establish its German custody business in Munich. In this regard, the French bank will take over Financial Services Markets Bank GmbH (FMSB), a HVB subsidiary which has been providing these services to HVB thus far. With effect from year-end 2007, FMSB will change its name to CACEIS Bank Deutschland GmbH. FMSB employees at both the Munich and Hamburg locations number approximately 500 and have been guaranteed their jobs until the end of 2009. Both locations will be operated by CACEIS for at least five years following conclusion of the sales negotiations. Lehman Brothers acted as exclusive financial advisor to HVB, and Lazard and Calyon to CACEIS in the transaction. DGAP 03.07.2007 ---------------------------------------------------------------------- Language: English Issuer: Bayerische Hypo- und Vereinsbank AG Kardinal-Faulhaber-Str. 1 80333 München Deutschland Phone: +49-(0)89-378-0 Fax: +49-(0)89-378-24083 E-mail: ir@hvbgroup.com Internet: www.hvbgroup.com ISIN: DE0008022005 WKN: 802200 Indices: EURO STOXX 50 Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), Hannover, München, Hamburg, SWX, Wien, Düsseldorf, Stuttgart; Terminbörse EUREX; Foreign Exchange(s) Paris End of News DGAP News-Service ---------------------------------------------------------------------------
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