Jürgen H. Lange leaving HSH Nordbank

Hamburg/Kiel, December 14, 2011 - Jürgen H. Lange, Head of Energy and Deputy Head of the Energy & Infrastructure BU at HSH Nordbank, is leaving HSH Nordbank at the end of the year at his own request in order to pursue fresh career challenges.

Mr. Lange will continue to be available to the Bank for work in the corporate bodies of Desertec Industrie Initiative, the Cluster Erneuerbare Energien Hamburg (renewable energies Hamburg cluster) and the Wind Offshore foundation for the time being.

After completing a degree in business studies, Jürgen H. Lange held various managerial positions within the Bank, both in Germany and abroad, in the Corporate Clients, Transportation and Real Estate BUs for a total of 28 years. Since 2008, he has been responsible for expanding the financing of renewable energy projects in Europe, which has been very successful. Financing of energy projects in the wind and solar sectors will remain a growth area for HSH Nordbank in the future.

"Mr. Lange has accomplished an extraordinary amount for the Bank", said Torsten Temp, member of HSH Nordbank's Management Board. The Management Board complied with his wish by mutual agreement. "We would like to thank Mr. Lange for his many years of successful service for the Bank and wish him all the best for the future", added Mr. Temp.

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