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ots Ad hoc-Service: Direkt Anlage Bank AG <DE0005072300> DAB and INTERHYP AG: Strategic partnership between discount broker and mortgage provider offering a complete online mortgage solution

Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
A further step in the direction of an e-finance platform.
Direkt Anlage Bank AG, (DAB) and Germany's leading Internet portal
for Mortgages, INTERHYP AG, have agreed on an exclusive cooperation.
The cooperation partners will jointly develop products to focus in
particular on the profiles of DAB customers and provide suitable
mortgage solutions. In future DAB customers can compare the pricing
and terms of real-estate Financing deals on DAB'S website and apply
for Mortgage Financing online from the best provider for their needs.
Starting in July, anyone planning to take out a mortgage or who is
already paying off one can quickly and conveniently optimize his or
her financing package with the aid of the functionalities developed
by INTERHYP. Another possibility is to take out so-called foward
loans. In doing so, the conditions for a mortgage can be locked in
for up to three years before a new interest lock-in period commences
- in the process, phases of low interest rates are put to optimum
use.
INTERHYP AG bundles the offers and terms of 25 well-known mortgage
providers in Germany on the Internet (www.interhyp.de). In addition
to comparing terms and making it possible to apply for Mortgages
online, a status monitor shows the applicant or future home owner
exactly where and by whom his or her application is being processed.
Since its online launch in mid-January 2000, INTERHYP AG has already
handled more than 3,000 loan applications with a total financing
volume of more than DM 1 billion.
End
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