EANS-News: Deucalion Limited and Marubeni Corporation enter into new aircraft leasing venture

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Frankfurt am Main (euro adhoc) - Deucalion Limited (Deucalion), an aviation
investment fund advised by DVB Bank SE (DVB), and Marubeni Corporation
(Marubeni), have formed a joint venture company, MD Aviation Capital Pte. Ltd.
(MDAC), incorporated in Singapore, for the purpose of investing in commercial
aircraft subject to leases with airlines worldwide.

The 50:50 joint venture company, advised jointly by DVB´s Aviation Investment
Management team and Marubeni, will complete its first acquisition of assets by
the end of 2010 and expects to further expand its investment portfolio in the
future.

Bertrand Grabowski, member of the Board of Managing Directors of DVB and
responsible for aviation, commented: "We are delighted to have concluded this
new joint venture vehicle which represents our first such collaboration with
Marubeni. This new venture continues the Bank´s strategy of opportunistically
investing in the aviation sector through the Deucalion aviation funds, funds
that have a proven track record of success going back to 2001."

Gentaro Toya, Senior Operating Officer, Transportation Machinery Division,
Marubeni Corporation added: "We are very pleased to be inaugurating this new
business venture with Deucalion and DVB. Marubeni has extensive experience in
providing sales agency services for commercial aircraft, business jets and
engines, investment in engine development programs, and various other services
including aircraft components, airport ground handling services, etc. By
entering into the aircraft operating lease business and strengthening its
comprehensive range of services to airlines around the world, Marubeni intends
to make a further material contribution to the aviation industry."

Lim Kok Kiang, Director of Transport Engineering, Singapore Economic Development
Board (EDB) said: "Congratulations to DVB and Marubeni on the formation of MD
Aviation Capital Pte. Ltd. MDAC´s decision to set up operations in Singapore
demonstrates their confidence in our business-friendly environment and strong
legal and financial framework. MDAC´s activities will reinforce Singapore´s
offering of sophisticated aviation services and will further enhance our
position as a leading aviation hub in Asia."

Note to Editors:

DVB Bank SE, headquartered in Frankfurt/Main, Germany, is the leading specialist
in the international Transport Finance business. The Bank offers integrated
financing solutions and advisory services in respect of Shipping Finance,
Aviation Finance and Land Transport Finance. The Bank operates out of offices in
Frankfurt/Main, Hamburg, London, Cardiff, Rotterdam, Bergen/Oslo, Piraeus,
Zurich, Singapore, Tokyo, New York and Curaçao. DVB Bank SE is listed at the
Frankfurt Stock Exchange. www.dvbbank.com

Marubeni Corporation, headquartered in Tokyo, Japan, is involved in the handling
of products and provision of services in a broad range of sectors. These areas
encompass importing and exporting, as well as transactions in the Japanese
market, related to food, textiles, materials, pulp and paper, chemicals, energy,
metals and mineral resources, transportation machinery, and includes offshore
trading. The Company's activities also extend to power projects and
infrastructure, plants and industrial machinery, real estate development, plants
and industrial machinery, real estate development and construction, and finance,
logistics and information industry. www.marubeni.com

Further inquiry note:
DVB
Stephan Sayre, Managing Director
Group Investment Management, DVB Bank SE
Phone +44 (0) 20 7618 9644
[email protected]

Marubeni
Takayuki Sakakida, General Manager,
Airline Business, Aerospace Department, Marubeni Corp.
Phone +81 (0)3 3282 7374
[email protected]

EDB
Gary Gan, Assistant Head, Marketing & Communication
Singapore Economic Development Board
Phone +65 6832 6060
[email protected]
end of announcement euro adhoc
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company: DVB Bank SE
Platz der Republik 6
D-60325 Frankfurt am Main
phone: +49 (0)69 9750-40
FAX: +49 (0)69 9750-4444
mail: [email protected]
WWW: http://www.dvbbank.com
sector: Banking
ISIN: DE0008045501
indexes:
stockmarkets: free trade: Stuttgart, Düsseldorf, regulated dealing/general standard:
Frankfurt
language: English

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