Euros 400 Million Deutsche Borse Placing Oversubscribed

Deutsche Brse announced today that 9,042,880 shares were placed successfully with institutional investors in Europe and the United States at a price of Euros 44 per share. Deutsche Brse raised a total of around Euros 400 million before commissions and

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Deutsche Brse announced today that 9,042,880 shares were placed successfully with institutional investors in Europe and the United States at a price of Euros 44 per share. Deutsche Brse raised a total of around Euros 400 million before commissions and other transaction costs. Additionally, Deutsche Bank has been granted an over-allotment option (Greenshoe) for around 1.23 million shares, that can be exercised within 30 days. The private placement was several times oversubscribed.

Deutsche Brse will use part of the proceeds to finance the purchase price of Clearstream. However, the cash portion of the purchase price will be financed out of existing cash holdings and, to a limited extent, by debt. An additional Euros 180 million of the purchase price – according to current estimates – will be paid in Deutsche Brse shares coming from an additional capital increase.

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