EANS-News: DVB´s Aviation Asset Management team secures B777-200ER aircraft remarketing mandate

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Company Information

Frankfurt am Main (euro adhoc) - DVB´s Aviation Asset Management
business has announced today that it has secured an exclusive mandate
to re-market three Boeing 777-200ER aircraft on behalf of the flag
carrier Egyptair. The mandate secured against tough competition from
many other leading third party aircraft remarketing organisations,
covers three B777-200ER aircraft manufactured in 1997, each powered
by two P&W 4090 engines. The aircraft, which are operating on the
Egyptair network, have serial numbers 28423, 28424 and 28425 and are
currently configured in a three class layout.

This B777 remarketing mandate adds additional aircraft to an existing
three A340 aircraft mandate that DVB´s Aviation Asset Management team
was successful in winning in August from the airline and reinforces
the relationship between DVB and Egyptair. It also follows other
recent successes for DVB´s Aviation Asset Management business which
include a remarketing contract for five new Embraer E190 aircraft on
behalf of the M1 Group, four of which have already been placed and
the technical management for delivery of two B747-400F freighter
aircraft to US carrier UPS on behalf of the Luxembourg based freight
airline Cargolux.

Commenting on this most recent transaction, Jon Skirrow, Managing
Director DVB Aviation Asset Management said: "This mandate comes
towards the end of another successful year for DVB Aviation Asset
Management´s third party business. We now have a fleet of 62 aircraft
that we either manage or are remarketing on behalf of third party
clients. The aircraft fleet we currently manage is diverse and
includes regional, narrow-body and wide-body equipment which are
operating in all of the major markets in the world".

"Securing this B777-200ER remarketing mandate and successfully
placing the E190 aircraft in what are tough market conditions, is
further testament to the reputation of the DVB Aviation Asset
Management business and demonstrates our ability to deliver both
results and added value to our clients through a wide range of
aircraft related services. Despite the challenging aviation
environment modern efficient aircraft such as the B777-200ER are
still in demand and actually the availability of these three
sister-ships offers a unique opportunity for airlines to upgrade some
of the aging wide-body fleets with state-of-the-art equipment. We now
look forward to building on the recent successes we have enjoyed both
with our existing client base and by developing partnerships with new
clients around the world so that we can, as part of DVB´s aviation
platform, reinforce our position as one of the world´s leading
aircraft remarketing and lease management operations."

Contact for this press release: Jon Skirrow, Managing Director,
Aviation Asset Management, DVB Bank SE, Phone +44(0) 20 7618 9730
jon.skirrow@dvbbank.com

More information about DVB´s Aviation Asset Management http://www.dvb
bank.com/en/solutions/aviation/aviation_asset_management/index.html

Note to Editors: DVB Bank SE, based in Frankfurt/Main, is the leading
specialist in international transport finance. DVB offers integrated
financing solutions and advisory services in respect of Shipping,
Aviation, and Land Transport. The Bank operates out of offices in
Frankfurt/Main, Hamburg, London, Cardiff, Rotterdam, Bergen/Oslo,
Piraeus, Zurich, Singapore, Tokyo, New York and Curaçao. DVB Bank SE
is listed at the Frankfurt Stock Exchange (ISIN: DE0008045501).

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: DVB Bank SE
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Prof. Dr. Borislav Belicic

Corporate Communications

Tel.: +49 (0)69 97 50 4390

E-Mail: borislav.bjelicic@dvbbank.com

Branche: Banking
ISIN: DE0008045501
WKN: 804550
Börsen: Stuttgart / free trade
Düsseldorf / free trade
Frankfurt / regulated dealing/general standard