Loukas Rizos to resign from Postbank's Management Board in Germany

Loukas Rizos, member of the Management Board responsible for financial markets at Deutsche Postbank AG, is exercising his contractual right and will leave the bank on June 30, 2008, to take on a new responsibility at another financial institution.

Postbank’s Supervisory Board and Management Board regret this move. The company will name a suitable successor by the above-mentioned date.

Mr Rizos has been with the bank since 2000. His responsibilities include the treasury, dealings, and consortium business. He is responsible for Postbank’s investment policy and, as chairman of the administrative board, the business of the Luxembourg subsidiary.