Volkswagen Bank GmbH
Volkswagen Bank GmbH: Call Euro 50,000,000 subordinated (Lower Tier II) Floating Rate Notes of 2006/2016 (10NC5) (ISIN XS0275638137, WKN A0BNZW)

Volkswagen Bank GmbH  / Key word(s): Miscellaneous

01.11.2011 10:12

Dissemination 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.

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Braunschweig -  Today, the Board of Management of Volkswagen Bank GmbH has
decided to exercise its early redemption option and to call the 'Euro
50,000,000 subordinated (Lower Tier II) Floating Rate Notes of 2006/2016
(10NC5)' (ISIN XS0275638137, WKN A0BNZW) issued on November 21st, 2006 and
listed on the regulated market of the Luxembourg Stock Exchange. All Notes
will be redeemed at par value on November 30th, 2011.


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Information and Explaination of the Issuer to this News:

With regard to the repayment date foreseen in the Terms and Conditions of
the Notes falling in 2016, the Notes are presumably trading below par
value. It can be expected that the Notes will trade at approximately 100
per cent upon the announcement of the early redemption.

01.11.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Volkswagen Bank GmbH
              Gifhorner Straße 57
              38112 Braunschweig
              Germany
Phone:        0531-212-3888
Fax:          0531-212-3531
E-mail:       info@vwfs.com
Internet:     www.vwfs.de
ISIN:         DE0008107921
WKN:          810792
Listed:       Regulierter Markt in Frankfurt (General Standard); Luxembourg
 
End of Announcement                             DGAP News-Service
 
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