Change in the domestic Shipping Division - Frank Bünte will follow Markus Lange

Hamburg/Kiel, January 31, 2008 - Markus Lange (44), currently Deputy Head of Shipping and Head of the business area "Domestic Clients" in the Shipping Division at HSH Nordbank will leave HSH Nordbank Group at his own request in the middle of March. He then will join the board of management of a Hamburg based shipping company.

The bank sincerely thanks Mr. Lange. With great success and engagement he significantly contributed to the excellent development of the HSH Nordbank Shipping Division. For his future and his new tasks the bank wishes Mr. Lange the very best.

Successor of Mr. Lange as Head of the business area “Domestic Clients” will be Frank Bünte (40). Mr. Bünte already is in a leading position in the domestic Shipping-Business of HSH Nordbank AG.

HSH Nordbank AG is a strong regional bank in Northern Europe with total assets of € 206 billion. Some 4,700 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. For more information please visit our website at

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