Appointment of a new member of the Supervisory Board of BRE Bank SA

The Current Report No. 44/2011The Management Board of BRE Bank SA (the Bank") announces that on 29 June 2011, the Bank&apos|s Supervisory Board appointed with the effect from 13 July 2011 Mr. Ulrich Sieber as the member of the Bank&apos|s Supervisory Board until the termination of the current term of office of the Supervisory Board. Mr. Ulrich Sieber (born on 1965) graduated from the School of Finance&|Management (Bankakademie) in Frankfurt am Main in 1994, holder of the "Banking specialized economist" (Bankbetriebswirt) title. Professional career:1983-1986 - Bayerische Vereinsbank AG, Alt- und Neuö|tting Branch:- trainee.1986 - 1991 - Bayerische Vereinsbank AG, Munich:- Credit Officer,- Human Resources Specialist 1991 - 1996 - Credit Suisse Deutschland AG, Frankfurt am Main:- Credit Officer,- Head of Personnel Department.1996 - 2001 - JP Morgan GmbH Deutschland, Frankfurt am Main:- Chief | Administration Officer - Investment Banking, - | Chief | Operating Officer, Investment Banking.2001 - 2005 Dresdner Bank AG, Frankfurt am Main:- | Project Office &ldquo|Allianz Dresdner Integration&rdquo|,- Chief Operating Officer Corporates&|Markets Germany DrKW, - | Project Office &ldquo|Transformation Programme Neue Dresdner&rdquo|,- Global Head of Corporate Banking.01 January 2006 - 31 May 2009 - Commerzbank AG, Frankfut am Main - Global Director of | Human Resources. |Since 1 June 2009 - Member of the Management Board of Commerzbank AG responsible for human resources and integration within the Group. |To the best of the knowledge held by the Bank Mr. Sieber does not perform any activity competitive to the Bank&apos|s activity.Mr. Sieber is not registered in the Register of Insolvent Debtors maintained under the National Court Register Act.Mr. Sieber does not meet the criteria of an independent Member of the Supervisory Board applied by the Bank. "