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At the regular meeting of the Supervisory Board today, the Managing Board presented its ideas concerning measures under the Financial Markets Stabilization Act (FMStG).

The Supervisory Board of WestLB supports the intention of the Managing Board to secure the Bank´s planned borrowing for 2008 and 2009 by utilizing SoFFin guarantees and to file an application under § 6 FMStG. The Supervisory Board also instructed the Managing Board to examine the possibilities under the new law for strengthening the capital resources of the Bank and to prepare relevant measures in the short term.

For this purpose the Managing Board will shortly begin talks with SoFFin.