Time schedule of the auction procedure:
Date of invitation to bid: Friday, 14 March 2008
Bidding period: Monday, 17 March 2008, from 8.00 a. m. until 11.00 a. m. Frankfurt time
Value date: Wednesday, 19 March 2008
Characteristics of the Bubills:
Maturity: 17 September 2008
ISIN: DE0001115145
SIN: 111 514