Company Appraisal of Hypoport AG

BERLIN - In March 2007 Deutsche Postbank AG acquired 600,000 shares of Hypoport AG. From the total purchase price, 6 Mio. EUR were paid down. The final purchasing price was still to be determined. Today, the appraiser assigned by the vendors and the Deutsche Postbank AG in an independent appraisal attested the company value for the Hypoport AG of 15.15 EUR per share. The appraisal meets the standard of IDW S1.

Contact: Ines Cumbrowski Manager Group Legal Hypoport AG Klosterstrasse 71 D-10179 Berlin Tel.: +49(30)4-20-86-1005 Fax: +49(30)4-20-86-1999 E-Mail: ines.cumbrowski@hypoport.de Internet: www.hypoport.de

Source: Hypoport AG

Contact: Ines Cumbrowski, Manager Group Legal, Hypoport AG, Klosterstrasse 71, D-10179 Berlin, Tel.: +49(30)4-20-86-1005, Fax: +49(30)4-20-86-1999, E-Mail: ines.cumbrowski at hypoport.de