EANS-News: Hypoport AG / Klaus Kannen appointed to the management board of Europace AG

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Personnel

Berlin (euro adhoc) - Thilo Wiegand and Klaus Kannen to form an
experienced two-man partnership

In addition to his existing duties in the Hypoport Group, Klaus Kannen has been
appointed to the management board of Europace AG with immediate effect. In this
role, his skills will complement those of Europace AG's chief executive officer
Thilo Wiegand. In-depth industry knowledge and experience remain the focus for
the management team of Germany's first online B2B marketplace for financial
transactions.

Klaus Kannen has been responsible for strategic alliances within the Hypoport
group of companies since April 2008 and he will retain this role as a member of
Europace AG's management board. In his existing position as managing director of
FINMAS GmbH, he will also continue to develop the financial marketplace for
German savings banks, together with members of the Savings Banks Finance Group.

Europace AG's chief executive officer Thilo Wiegand welcomes the fact that he
will be working more closely with Klaus Kannen, saying: "Like any company that
has set a standard as a financial marketplace and wants to maintain it, Europace
needs experienced managers with vision who also have extensive implementation
expertise. In-depth knowledge of the individual environments in which market
players operate is vital, as is the ability to build strong relationships with
them."

Klaus Kannen has the depth of experience in senior positions in the
financial-services sector that is needed for the strategic expansion
of the marketplace within the Savings Banks Finance Group, and
beyond. After gaining a degree in business administration, he held
managerial positions at banks and distributors. He started his career
at Commerzbank AG, where he ultimately became director of the Velbert
branch area. Thereafter at SEB AG (formerly BfG Bank AG), he was
responsible for retail sales in the Düsseldorf region before taking
charge of the head-office function in Frankfurt responsible for
retail branches. As a director of SEB AG, he was also head of sales
in its southern region. He joined the Hypoport Group in 2005,
initially as a member of the management board of Dr. Klein & Co. AG,
where he was responsible for private-client business across all sales
channels.

Information on Europace AG Europace AG operates EUROPACE, which is an
online B2B financial marketplace and the largest German transaction
platform offering mortgages, building finance products and personal
loans. A fully integrated system links roughly 190 partners - banks,
insurers and financial product distributors. Several thousand users
execute over 20,000 transactions worth a total of up to EUR3 billion
on EUROPACE every month. Based in Berlin, Europace AG is a wholly
owned subsidiary of Hypoport AG, which employs more than 500 people
and is listed in the Prime Standard of the Frankfurt Stock Exchange.

Further inquiry note:
Michaela Reimann
Head of Corporate Communications
Telefon: +49 (0) 30 42086 1936
E-Mail: michaela.reimann@hypoport.de

end of announcement euro adhoc
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company: Hypoport AG
Klosterstraße 71
D-10179 Berlin
phone: +49(0)30 42086-0
FAX: +49(0)30 42086-1999
mail: ir@hypoport.de
WWW: http://www.hypoport.de
sector: Financial & Business Services
ISIN: DE0005493365
indexes: CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English