EANS-News: Hypoport AG increases the size of its Management Board

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Subtitle: The two executive directors of the Hypoport subsidiary Dr. Klein & Co
AG have today been appointed to the Management Board of Hypoport AG. This means
that all four of the Hypoport Group's business units will be represented on the
Management Board. The Supervisory Board has today approved Thomas Kretschmar's
previously announced intention to step down from the Management Board and has
acknowledged his plans to stand as a candidate to join the Supervisory Board.

Berlin, den (euro adhoc) - The Supervisory Board of Hypoport AG has today (24
March) approved Mr Kretschmar's intention to step down from the Management Board
before his term of appointment expires and has relieved him of his
responsibilities with effect from 31 May this year. A major shareholder has in
the meantime filed a motion to have Mr Kretschmar elected to the Supervisory
Board at this year's Annual Shareholders' Meeting on 4 June. Mr Kretschmar
intends to comply with this motion and stand as a candidate for a position on
the Supervisory Board.

In addition to Ronald Slabke and Thilo Wiegand - the remaining members of the
Management Board - Stephan Gawarecki and Hans Peter Trampe have today been
appointed to the Management Board for the period from 1 June 2010 to 31 December
2014. They will also continue to serve as executive directors of the subsidiary
Dr. Klein & Co AG. Ronald Slabke has been appointed CEO of Hypoport AG's new
Management Board - which will consist of four members - with effect from 1 June
this year. Furthermore, from the 1 January 2011 to the 31 December 2015 Mr.
Slabke was appointed to another term.

Mr Kretschmar's current responsibilities will be split among several members of
the new Management Board.

Information on Hypoport AG
The Berlin-based Hypoport Group is an online provider of financial products and
services and employs approximately 450 people. Its shares have been listed in
the Prime Standard segment of the Frankfurt Stock Exchange (Deutsche Börse)
since October 2007. The business model used by Hypoport AG is based on two
mutually supporting pillars: the sale of financial products (Dr. Klein & Co. AG)
and the provision of a transactions platform for the brokerage of financial
products over the internet.
The EUROPACE B2B financial marketplace operated by Hypoport is Germany's biggest
online transactions platform for selling financial products. A fully integrated
system links more than 40 product suppliers with several thousand financial
advisers, thereby enabling products to be sold swiftly and directly. The highly
automated processes used on this platform generate significant cost advantages.
Around 400 financial transactions per day are now settled via EUROPACE. Hypoport
AG publishes its monthly house price index (HPX) based on actual transaction
data.

A list of the banks and financial service providers represented on the online
platform as well as the Company's 2008 annual report can be downloaded at
www.hypoport.com.

Further inquiry note:
Michaela Reimann
Group Communications Manager
Telefon: +49 (0) 30 42086 1936
E-Mail: [email protected]
end of announcement euro adhoc
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issuer: Hypoport AG
Klosterstraße 71
D-10179 Berlin
phone: +49(0)30 42086-0
FAX: +49(0)30 42086-1999
mail: [email protected]
WWW: http://www.hypoport.de
sector: Financial & Business Services
ISIN: DE0005493365
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English

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