COMMERZBANK AG: Post Stabilisation - PBB €500mil 0.875% 2017

Post-stabilisation notice 
26th February, 2013 
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful. 


                          Deutsche Pfandbriefbank AG                           
                                 €500,000,000                                 
                   0.875%. Mortgage Pfandbrief due 30 January 2017                
                   Launched off the issuer's EMTN Programme                    
                             Stabilisation Notice                              

Commerzbank AG (contact: Ian Turner; telephone: 44-207-475-1817) hereby gives
notice that no stabilisation (in accordance with Commission Regulation (EC) No.
2273/2003) was undertaken by the Stabilising Manager(s) in relation to the
offer of the following securities.

Issuer:                               Deutsche Pfandbriefbank AG           


                                                                       
Guarantor (if any):                   n/a                                   
                                                                       
ISIN:                                 DE000A1RFEY7                          
                                                                       
Aggregate nominal amount:             € 500,000,000                         
                                                                       
Description:                          €500mil 0.875% Hypotheken due 30      
                                  January 2017                          
                                                                       
Stabilisation Manager (s):            Coordinating Stabilsation Manager:    


                                                                           
                                      Commerzbank Aktiengesellschaft       
                                                                           
                                      Stabilisation Managers               
                                                                           
                                      Barclays Bank plc                    
                                                                           
                                      BNP Paribas                          
                                                                           
                                      NORD/LB                              
                                                                           
                                      UniCredit                            

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction.

This announcement is not for distribution, directly or indirectly, in or into
the United States or any other jurisdiction in which such distribution would be
unlawful.



END

-0- Feb/26/2013 14:58 GMT