IKB Deutsche Industriebank Aktiengesellschaft IKB FINANCE B.V.

Significant change in IKB FINANCE’s position
Save as disclosed in this Prospectus there has been no significant change in IKB FINANCE’s financial
or trading position since 31 March 2005 up to the date of this prospectus.
Third Party Information and Statement by Expert and Declarations of any interest
The auditor’s reports on IKB FINANCE’s financial statements for the years ended 31 March 2004 and
2005 are incorporated by reference in this Prospectus together with the relevant financial statements
of IKB FINANCE.
Summary of the Notes
The following description of certain general features of the Notes issued under the Programme does
not purport to be complete and is taken from and is qualified in its entirety by the remainder of this
Prospectus and, in relation to the terms and conditions of any particular Tranche of Notes, the applicable
Final Terms.
Maturities
Such maturities as may be agreed between the relevant Issuer and the relevant Dealer(s) and as indicated
in the applicable Final Terms, subject to such minimum or maximum maturities as may be
allowed or required from time to time by the relevant central bank (or equivalent body) or any laws
or regulations applicable to the relevant Issuer or the relevant specified currency.
The maximum maturity of all Notes will not exceed 30 years or such longer period as may be agreed
between the relevant Issuer and the relevant Dealer(s), subject in relation to specific currencies to
compliance with all applicable legal and/or regulatory and/or central bank requirements.
Form of Notes
Notes may be issued in bearer or (in the case of IKB AG only) in registered form.
In the case of an issue of Notes, to which United States Treasury Regulation Section 1.163-5(c) (2) (i)
(C) (the “TEFRA C Rules”) applies, such Notes will be represented permanently by a permanent global
Note in bearer form, without interest coupons, in a principal amount equal to the aggregate principal
amount of such Notes (“Permanent Global Note”).
In the case of an issue of Notes to which United States Treasury Regulation Section 1.163-5 (c) (2) (i)
(D) (the “TEFRA D Rules”) applies, such Notes will always be represented initially by a temporary
global Note in bearer form, without interest coupons, in a principal amount equal to the aggregate
principal amount of such Notes (“Temporary Global Note”) which will be exchanged for Notes represented
by one or more Permanent Global Note(s), in each case not earlier than 40 days and not later
than 180 days after the completion of distribution of the notes comprising the relevant Tranche upon
certification of non U. S.–beneficial ownership in the form available from time to time at the specified
office of the Fiscal Agent.
In the case of an issue of Notes in bearer form to which neither the TEFRA C Rules nor the TEFRA D
Rules apply, such notes will be represented permanently by a Permanent Global Note.
Notes in definitive form and interest coupons will not be issued.
Denominations of Notes
Notes will be issued in such denominations as may be agreed between the relevant Issuer and the
relevant Dealer(s) and as indicated in the applicable Final Terms save that the minimum denomina-
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