Injury during transatlantic regatta

“HSH Nordbank” interrupts race Heading for Canada

Hamburg/Kiel/New York, June 22, 2007 - There has been an accident on board “HSH Nordbank”. Crew member Kerstin Tröger (41) fell and has probably fractured her foot.

Although the injury is not critical, it is very painful for Ms. Tröger and will require medical attention. Due to the injury, it was decided not to let this experienced sailor remain on board.

The crew of HSH Nordbank has therefore decided to interrupt its participation in the regatta. The yacht has set course for St. John’s in Canada, where it is due to arrive in approx. two and a half days' time. “It is very hard not to end the race, but it was the right decision”, says Kerstin Tröger on the satellite telephone.

“We regret our colleague’s injury and wish her a quick recovery,” said Hans Berger, CEO of HSH Nordbank. A decision on whether the ship will resume the race is to be taken in the next few days. Says Berger: "Our crew's health and the safety of the ship are of primary importance to us.”

HSH Nordbank’s blue race is a regatta with the highest safety standards. All participants started the race with the best possible preparation, training and sensitivization. All yachts are headed by experienced skippers for which the Atlantic Ocean and its particular requirements is no unfamiliar terrain. The HSH Nordbank blue race is a sporting bridge linking the “old” and the “new” world, between one of the Bank’s headquarters, in Hamburg, and its important U.S. branch in New York. The Northern German Regatta Club (NRV) is organizing the HSH Nordbank blue race in collaboration with the New York Yacht Club (NYYC). As a title partner, HSH Nordbank is actively involved in the process. The regatta started in Newport (US) on June 16.

HSH Nordbank AG is a strong regional bank in Northern Europe with total assets of € 200 billion. Some 4,400 of the bank’s employees provide corporate and high net-worth clients around the globe with premium bank products and services. In its core region of Hamburg and Schleswig-Holstein, it is the market leader in the corporate customer segment. HSH Nordbank is an acknowledged partner of the capital markets and international sector specialist. Its main focus is on transportation and real estate. In fact, HSH Nordbank is the world’s largest provider of ship finance and covers the entire value chain in the transportation segment. In the area of real estate, HSH Nordbank is one of the strongest banks in Germany, acting as a provider of services relating to all aspects of real estate.

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