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Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EquityStory AG.
The person with duty of notification is solely responsible for the content
of this announcement.
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Details of the person subject to the disclosure requirement
Last name: Flach
First name: Jutta

Relationship to a person performing managerial responsibilities: Spouse or registered partner
Details of the person performing managerial responsibilities
Position: Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument: Shares
ISIN/WKN of the financial instrument: DE000A0HN5C6
Type of transaction: Purchase
Date: 28.11.2011
Price: 9.10
Currency: EUR
No. of items: 1550
Total amount traded: 14105
Place: Frankfurt

Explanation for publication:

Excercise of subscription rights / capital increase

Information about the company with duty of publication

Issuer: Deutsche Wohnen AG
Pfaffenwiese 300
65929 Frankfurt
Deutschland
ISIN: DE000A0HN5C6
WKN: A0HN5C


End of Directors' Dealings Notification 
(c) DGAP 01.12.2011

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