Euro 25,000,000,000 Debt Issuance Programme - Münchener ...

announcement. In the case, the notifications shall be considered to be have been effected within the
specified time period, if the letters were dispatched by post two working days prior to the
commencement of the notice period.
The Chairman of the Supervisory Board, shall run the General Meeting; he shall appoint a keeper of
the minutes, who shall prepare the minutes in accordance with § 47 of the German Cooperative
Society Act (Genossenschaftsgesetz). These minutes shall be signed by the Chairman, the keeper of
the minutes and the members of the Board of Managing Directors present.
According § 18 of the Aricles of Association (Satzung) of MünchenerHyp if the number of members
exceeds 3000 at the end of a business year, representatives to the Delegates Meeting as defined
under § 43 a of the German Cooperative Society Act (Genossenschaftsgesetz) shall be elected
amongst the circle of members at the next General Meeting, namely one delegate for every 2000
members registered at the end of the expired business year; nevertheless, the total number of
delegates to be elected shall be at least fifty-two. In addition, at least five substitute delegates –
together with a stipluation of the order in which they fill a vacated post – shall be elected.
Cover Assets Trustee
The following persons are currently appointed to act as cover assets trustee (Treuhänder der
Deckungsmassen):
Trustee:
Klaus Jasper, Ministerialdirigent (a.D.), München
Deputy Trustee:
Dr. Johann Haimerl, Ministerialdirigent (a.D.), Gilching
Conflict of Interests
There are no potential conflicts of interests between any duties to MünchenerHyp of the members of
the Board of Managing Directors and the Supervisory Board and their private interests and/or their
other duties.
Major Shareholders
As at 30 June 2006, the Subscribed Capital of MünchenerHyp amounted to EUR 365,754,325.57
composed of EUR 122,861,308.57 members capital contributions, divided into participation shares of
EUR 70.00 each and EUR 242,893,017.00 silent participations, all of which have been issued and fully
paid, except of an amount of EUR 171.43 of the participation shares.
Approximately 35.0 per cent. of MünchenerHyp’s Subscribed Capital is held by banks. 65.0 per cent.
is held by customers and other members.
None of the shareholders holds more than 0.46per cent. of the participation shares in MünchenerHyp.
Financial Information concerning MünchenerHyp’s Assets and Liabilities,
Financial Position and Profits and Losses
Historical Financial Information
The following documents shall be deemed to be incorporated in, and to form part of, this registration
document:
– the Balance Sheet, the Income Statement, the Notes to the Financial Statements, the Management
Report 2004 of Münchener Hypothekenbank eG and the Auditors’ Report for the financial year
ended 31 December 2004.
– the Balance Sheet, the Income Statement, the Notes to the Financial Statements the Management
Report 2005 of Münchener Hypothekenbank eG and the Auditors’ Report for the financial year
ended 31 December 2005.
Copies of the above mentioned documents are available and may be obtained from Münchener
Hypothekenbank eG, Karl-Scharnagl-Ring 10, D-80539 Munich, Federal Republic of Germany. The above
mentioned reports are also available at MünchenerHyp’s website: www.muenchenerhyp.de.
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