DVB Bank AG, the Frankfurt based specialist in transport finance, is pleased to announce that Eelco van de Stadt will join the Bank's New York Representative Office as Senior Vice President and Regional Head of Aviation with effect from 1 April, 2006. In his new role, he will head the team responsible for relationship management and business origination across the Bank's Aviation clients in North and South America.

Mr van de Stadt will transfer to New York from DVB´s London Aviation Finance team, where he has been employed as a senior relationship manager since 2002.

Before joining DVB, Mr. van de Stadt held positions with NIB Capital as Vice President in Aviation Finance and with ING Lease International Equipment Finance as Vice President Origination, Americas. In his new role, he will report to David Goring-Thomas, DVB's London-based Global Head of Aviation.

Note to Editors:
DVB Bank AG, based in Frankfurt/Main, is an international advisory bank and finance house that specialises in the global transport market. DVB offers integrated financing solutions and advisory services in respect of Shipping, Aviation, Land Transport, and Transport Infrastructure. The Bank operates out of offices in Frankfurt/Main, Hamburg, London, New York, Rotterdam, Hong Kong, Singapore, Tokyo, Bergen, Piraeus, and Curaçao. DVB Bank AG is listed on the Frankfurt Stock Exchange (ISIN: DE 0008045501).

Contact:
Prof. Dr. Borislav Bjelicic, Phone +49 69 9750-4390, Fax +49 69 9750-4333, DVB Bank Aktiengesellschaft, Corporate Communications, Friedrich-Ebert-Anlage 2-14, 60325 Frankfurt/Main, Germany, borislav.bjelicic@dvbbank.com, www.dvbbank.com