Mr Frank Westhoff, Member of the Board of Managing Directors of DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt/Main, has been elected by the Supervisory Board of DVB Bank SE as its Chairman, with effect from 6 July 2009.

Mr Westhoff, who succeeds Dr Thomas Duhnkrack as Chairman, has been a Member of DVB's Supervisory Board since 30 June 2006. In his function as a Member of DZ BANK's Board of Managing Directors, Mr Westhoff is responsible for Credit, Legal Services, and Operations/Services.

Note to Editors:
DVB Bank SE, based in Frankfurt/Main, is the leading specialist in international transport finance. DVB offers integrated financing solutions and advisory services in respect of Shipping, Aviation, and Land Transport. The Bank operates out of offices in Frankfurt/Main, Hamburg, London, Cardiff, Rotterdam, Bergen/Oslo, Piraeus, Zurich, Singapore, Tokyo, New York and Curaçao. DVB Bank SE is listed at the Frankfurt Stock Exchange (ISIN: DE0008045501).

Contact:
Prof. Dr. Borislav Bjelicic, Phone +49 69 9750-4390, Fax +49 69 9750-4333, DVB Bank SE, Corporate Communications, Platz der Republik 6, 60325 Frankfurt/Main, Germany, borislav.bjelicic@dvbbank.com, www.dvbbank.com