Hans W. Reich will relinquish his duties as Chairman of Aareal Bank AG's Supervisory Board at the end of the General Meeting 2013-Marija Korsch elected as the new Chairperson of the Supervisory Board

Wiesbaden (ots) - Mr Hans W. Reich, Chairman of the Supervisory
Board of Aareal Bank AG, will retire from the Supervisory Board,
prior to the end of his term of office, at the end of this year's
General Meeting on 22 May 2013. At its meeting today, the Supervisory
Board elected Ms Marija Korsch as its Chairperson, succeeding Mr
Reich. This resolution is subject to Ms Korsch, who has been a
court-appointed member of the bank's Supervisory Board since July
2012, being elected to this board by the General Meeting.

Hans W. Reich (72) has served as a member of the bank's
Supervisory Board since July 2002, and as its Chairman since June
2004. He was elected for a term of office until the General Meeting
2015. Mr Reich has substantially shaped Aareal Bank throughout its
existence as a listed company. During his chairmanship, he not only
oversaw the bank's restructuring, launched in 2005 and successfully
concluded in 2007 - he also contributed to the bank's very good track
record throughout the financial crisis.

Hans W. Reich commented on his impending retirement from the
Supervisory Board: "Aareal Bank has seen an outstanding development
over recent years, in a very challenging market and competitive
environment. Thanks to its viable business model, the very solid
capital base and a renowned management team, the bank is in a top
position to continue its sustainable success over the years to come.
This is the ideal time to pass responsibility for the Supervisory
Board to new hands."

Marija Korsch (64), Mr Reich's designated successor, is a US
citizen with more than 35 years of experience in international
banking. Her career has included senior positions with Bankers Trust
in the USA and Germany, with Vereins- und Westbank AG, and as a
Partner at German private bank Bankhaus Metzler seel. Sohn & Co.
Holding AG, where she was responsible for the bank's Corporate
Finance business. Since leaving Metzler in 2008, Ms Korsch has served
on several Supervisory Boards and Advisory Boards.

Aareal Bank

Aareal Bank AG, whose shares are traded in Deutsche Börse's MDAX
segment and which celebrates its 90th anniversary this year, is a
leading international property specialist. The bank concentrates its
business activities on the Structured Property Financing and the
Consulting/Services segments. The Structured Property Financing
segment encompasses all of Aareal Bank's property financing and
funding activities. In this segment, the bank facilitates property
investment projects for its domestic and international clients,
within the framework of a three-continent strategy covering Europe,
North America and Asia. In the Consulting/Services segment, Aareal
Bank offers the institutional housing industry services and products
for managing residential property portfolios and processing payment
flows.

Contact:
Aareal Bank AG
Corporate Communications

Sven Korndörffer
phone: +49 611 348 2306
sven.korndoerffer@aareal-bank.com

Christian Feldbrügge
phone: +49 611 348 2280
christian.feldbruegge@aareal-bank.com

Investor Relations

Jürgen Junginger
phone: +49 611 348 2636
juergen.junginger@aareal-bank.com