Future Supervisory Board of HSH Nordbank AG in place

Hamburg/Kiel, July 1, 2009 - The shareholder representatives were elected to the newly constituted Supervisory Board at the HSH Nordbank AGM held today.

As expected, the Supervisory Board resolution passed last Monday was adopted. Due to his previous work at the Bundesbank, Dr. Hans Reckers will take up his position until November 2009 at the latest. The constituent meeting is scheduled for Friday July 3, 2009.

Dipl.-Ing. Hans Werner Blöcker Managing Director of
Vereinigte Asphalt-Mischwerke GmbH & Co. KG, Büdelsdorf; Chairman of the Bauindustrieverband Schleswig-Holstein (S-W Construction Industry Association)
Detlev Bremkamp former member of the Management Board of Allianz AG Holding
Oke Heuer auditor,
Audit Director of the Sparkassen- und Giroverband für Schleswig-Holstein (Savings Bank and Giro Association)
Dr. Rainer Klemmt-Nissen Director of the Senate, Head of Asset and Portfolio Management in the Fiscal Authority of the Free and Hanseatic City of Hamburg
Lutz Koopmann Chairman of the Management Board of Investitionsbank Schleswig-Holstein
Hilmar Kopper former Chairman of the Management Board of Deutsche Bank
Dr. Joachim Lemppenau former Chairman of the Management Board of the Volksfürsorge insurance company
Dr. Hans Reckers former member of the Management Board of Deutsche Bundesbank
Ravi S. Sinha Managing Director of J.C.
Flowers & Co. UK Ltd.
Bernd Wrede former CEO of
Astrid Balduin HSH Nordbank
Olaf Behm HSH Nordbank
Jürgen Friedland HSH Nordbank
Jens-Peter Gotthardt HSH Nordbank
Torsten Heick HSH Nordbank
Manfred Lener HSH Nordbank
Rieka Meetz-Schawaller HSH Nordbank
Sabine Almut Auerbach Ver.di (trade union)
Berthold Bose Ver.di (trade union)
Edda Redeker Ver.di (trade union)

The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.

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