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Walter Breinl appointed speaker of the management of Railpool GmbH

Frankfurt am Main (ots)

HSH Nordbank and KfW IPEX-Bank GmbH have appointed Dr. Walter Breinl speaker of the management of Railpool GmbH. The Munich-based railway asset manager was established as a joint venture by both banks in July 2008. Its business purpose is to cover part of the incremental rolling stock requirements created by the ongoing privatisation of Europe's railway systems. Dr. Walter Breinl will assume his new task starting October 1, 2008. The Railpool management team also comprises Christoph Katzensteiner.

A career veteran of the railway industry, Dr. Walter Breinl is known to be intimately familiar with this sector. In 2001 he formed part of the team who launched Siemens Dispolok GmbH and will continue to serve as this company's managing director until assuming his office at Railpool. His career has also included positions at Krauss-Maffei Verkehrstechnik, Oerlikon-Knorr-Eisenbahntechnik and Knorr-Bremse-Schienenfahrzeuge. Dr. Walter Breinl has a degree in mechanical engineering.

Contact:

HSH Nordbank AG Rune Hoffmann Spokesman Tel. +49 40/33 33-11412 Fax +49 40/33 33-611412 E-Mail: rune.hoffmann@hsh-nordbank.com www.hsh-nordbank.de

KfW IPEX-Bank GmbH

Dela Strumpf Press Office Tel. +49 69 / 7431 2984 Fax +49 69 / 7431 9409 E-Mail: dela.strumpf@kfw.de www.kfw-ipex-bank.de

Pressekontakt:

KfW IPEX-Bank GmbH, Palmengartenstraße 5-9, 60325 Frankfurt

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