(Berlin/Kopenhagen 19 June 2007)  The shareholders of Scandlines AG ("Scandlines"), Deutsche Bahn AG and the Danish Ministry of Transport and Energy announce the signing of a share purchase agreement regarding the sale of all shares in Scandlines.

A consortium consisting of Allianz Capital Partners GmbH, Munich, 3i Group, Copenhagen and Frankfurt am Main, and Deutsche Seereederei GmbH is paying €1,56bn for the entire stake in Scandlines. The transaction is subject to approvals by the financial committee of the Danish Parliament, Deutsche Bahn's supervisory board, the German Federal Ministry of Transport and the EU Competition Council. These approvals are expected within approximately two months.

“We have finally found a good solution for the company as well as its employees. Scandlines is now in position to continue its success of recent years. The agreed safeguarding of jobs was particularly important to us,” explains Harmut Mehdorn, Chairman of the Board of Management of Deutsche Bahn AG.

“I am very pleased with the outcome of the sales process. Even if the process has been time-consuming we now have a very attractive result of the sales process,” says Minister for Transport and Energy Flemming Hansen.

“I am confident that the new owners will add extra momentum to Scandlines’ development into an even more successful ferry operator offering high quality services. This will be in the interest of both Scandlines’ customers and its employees,” he added.

Morgan Stanley Bank AG advised Deutsche Bahn and Rothschild GmbH advised the Danish Ministry of Transport and Energy on this transaction.

For further informations please contact:

Michael Birch
Corporate Director
Danish Ministry of Transport and Energy
Tel. + 45 33 92 38 96
Fax + 45 33 38 14 45
mbh@trm.dk
www.trm.dk

Jens - Oliver Voß
Stellv. Leiter Konzernpressestelle
Tel. +49 (0) 30 297-61140
Fax +49 (0) 30 297-61 995
medienbetreuung@bahn.de
www.db.de/presse