Sachsen LB
Sachsen LB: Release according to Article 30e of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
Sachsen LB / Law amendment of securities according to § 30e Para. 1, No. 1 of the WpHG [the German Securities Trading Act] Release of a Post-admission Duties announcement according to Article 30e Para. 1, No. 1 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Announcement of Sachsen LB Aktiengesellschaft 31. March 2008 Re: Restructuring affecting the securities issued by Sachsen LB Aktiengesellschaft Die Sachsen LB Aktiengesellschaft (Sachsen LB) wishes to announce the following restructuring actions: Landesbank Baden-Wuerttemberg (LBBW) and LBBW Finance-Holding GmbH (LBBW Finance-Holding) were the only shareholders of Sachsen LB. LBBW Finance-Holding held 1 share in Sachsen LB and LBBW held the remaining 304,999,999 shares. On 26 March 2008, the shareholders of Sachsen LB resolved to convert Sachsen LB into a German law limited partnership (Kommanditgesellschaft) with the name 'Sachsen Bank Anstalt des öffentlichen Rechts & Co KG' (Sachsen Bank KG). With the registration of the change of the legal form in the commercial register, carried out in accordance to the provisions of the German Transformation Act (Umwandlungsgesetz), LBBW became the gen-eral partner (Komplementär) of Sachsen Bank KG and LBBW Finance-Holding became the limited partner (Kommanditist). In a second step, LBBW Finance-Holding withdrew today, on 1 April 2008, as limited partner from Sachsen Bank KG. Under German law, the actions outlined above caused a transfer of all rights and obligations of Sachsen LB to LBBW. The first step, i.e. the conversion into Sachsen Bank KG, constitutes merely a change of the legal form of Sachsen LB. However, the identity of the company remained the same and, therefore, a transfer of assets or liabilities did not take place. Consequently, Sachsen Bank KG was entitled to all claims and was obliged under all obligations of Sachsen LB after the conversion into Sachsen Bank KG entered into force by registration into the commercial register. The second step, i.e. the withdrawal of LBBW Finance-Holding from Sachsen Bank KG as limited partner, caused the dissolution of Sachsen Bank KG with-out a liquidation. All assets and liabilities have been transferred by operation of law without any further steps (Universalsukzession) to LBBW as its sole remaining general partner. As a matter of law, LBBW has become the obligor under all securities issued by Sachsen LB. Sachsen Bank KG does not exist any longer. The following securities are affected by the restructuring of Sachsen LB: Öffentliche Pfandbriefe WKN / ISIN 273882 DE0002738820 273897 DE0002738978 628375 DE0006283757 686415 DE0006864150 748162 DE0007481624 172360 DE0001723609 145009 DE0001450096 145013 DE0001450138 166365 DE0001663656 166367 DE0001663672 166376 DE0001663763 226877 DE0002268778 A0AHDR DE000A0AHDR1 A0BNX5 DE000A0BNX58 A0BU1V DE000A0BU1V2 A0BU1W DE000A0BU1W0 A0BU1X DE000A0BU1X8 A0BU1Y DE000A0BU1Y6 A0BU19 DE000A0BU196 A0EPNJ DE000A0EPNJ2 A0JRGN DE000A0JRGN3 A0JRGP DE000A0JRGP8 A0JRGW DE000A0JRGW4 A0JRGK DE000A0JRGK9 A0JRGL DE000A0JRGL7 Inhaberschuldverschreibungen WKN / ISIN 297857 DE0002978574 297864 DE0002978640 783234 DE0007832347 311472 DE0003114724 145010 DE0001450104 166364 DE0001663649 166370 DE0001663706 166372 DE0001663722 166378 DE0001663789 166380 DE0001663805 A0AHDM DE000A0AHDM2 A0AHDQ DE000A0AHDQ3 A0AHDZ DE000A0AHDZ4 A0A3J7 DE000A0A3J72 A0A3KA DE000A0A3KA7 A0A3KC DE000A0A3KC3 A0A3KJ DE000A0A3KJ8 A0BNXT DE000A0BNXT1 A0BNXZ DE000A0BNXZ8 A0BU1S DE000A0BU1S8 A0BU15 DE000A0BU154 A0BU16 DE000A0BU162 A0EPNH DE000A0EPNH6 A0EPNM DE000A0EPNM6 A0EPNQ DE000A0EPNQ7 A0EPNZ DE000A0EPNZ8 A0EPN6 DE000A0EPN63 A0EPN7 DE000A0EPN71 A0EPN9 DE000A0EPN97 A0EPPA DE000A0EPPA6 A0EZDA DE000A0EZDA1 A0EZDB DE000A0EZDB9 A0EZDD DE000A0EZDD5 A0EZDH DE000A0EZDH6 A0EZDK DE000A0EZDK0 A0EZDL DE000A0EZDL8 A0EZDP DE000A0EZDP9 A0EZDQ DE000A0EZDQ7 A0EZDR DE000A0EZDR5 A0JRGS DE000A0JRGS2 A0JRGU DE000A0JRGU8 A0JRGZ DE000A0JRGZ7 A0JRG0 DE000A0JRG08 Genussscheine WKN / ISIN 297865 DE0002978657 297867 DE0002978673 297871 DE0002978715 EMTN/DIP Emission an der FWB WKN / ISIN A0A3KE DE000A0A3KE9 A0A3KH DE000A0A3KH2 A0A3KK DE000A0A3KK6 A0A3KL DE000A0A3KL4 A0BNXP DE000A0BNXP9 A0BU18 DE000A0BU188 Securities issued under EMTN/DIP Programmes WKN /ISIN 188207 XS0105748205 188213 XS0122525875 188214 XS0122594921 188216 XS0123536939 188217 XS0128200622 188219 XS0129547948 297863 XS0131731175 297872 XS0134104453 686288 XS0150701968 311449 XS0166102599 311466 XS0168349552 145001 XS0169881892 145004 XS0171308207 145005 XS0171309197 166379 XS0181625632 A0AHDK XS0182247394 A0AHD0 XS0187029169 A0AHD3 XS0187304992 A0AHD5 XS0187670319 A0A3J5 XS0191369650 A0A3J8 XS0191546539 A0A3KD XS0192566429 A0A3KF XS0192858040 A0BNXR XS0195794416 A0BNXS XS0196053531 A0BNXV XS0196357916 A0BNXW XS0196507668 A0BNXX XS0196638091 A0BU1R XS0208794833 A0BU1Z XS0212905565 A0BU10 XS0215875674 A0BU12 XS0216729987 A0BU13 XS0217245058 A0BU14 XS0217547149 A0BU17 XS0217871242 A0EPNG XS0218423381 A0EPNK XS0218449188 A0EPNL XS0218464815 A0EPNN XS0218662533 A0EPNS XS0220426703 A0EPNT XS0221281750 A0EPNU XS0221282212 A0EPNV XS0221283020 A0EPNW XS0221283376 A0EPNX XS0221284002 A0EPNY XS0221283707 A0EPN0 XS0221796831 A0EPN1 XS0221796328 A0EPN2 XS0221796245 A0EPN3 XS0221795940 A0EPN4 XS0221795866 A0EPN5 XS0221795601 A0EPN8 XS0222211087 A0EZDC XS0222972522 A0EZDE XS0223152934 A0EZDG XS0223501023 A0EZDM XS0223957696 A0EZDN XS0224469675 01.04.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Sachsen LB Humboldtstraße 25 04105 Leipzig Deutschland Internet: www.sachsenlb.de End of News DGAP News-Service ---------------------------------------------------------------------------
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