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Deutsche Wohnen AG / Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Again shareholders of Deutsche Wohnen AG have the opportunity to convert their registered shares (ISIN DE0006283302) into bearer shares (ISIN DE000A0HN5C6), which are economically equal. Starting from today the convertion form is available on http://www.deutsche-wohnen.de for download. Shareholders should deliver the completed and signed form to their custodian bank, this promptly. Nominee stocks can be converted en bloc by custodian banks. The convertion takes place on 17 September 2007, then further on quarterly. Up to now more than 97 percent of all outstanding shares of Deutsche Wohnen AG are bearer shares. Due to this the bearer shares - listed in the indices of MSCI, EPRA and Deutsche Börse (SDAX) - are much more liquid than the registered shares. Hubert Bonn Head of Investor Relations Phone: +49 (0)6131 4800-262 email: ir@deuwo.com 10.09.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Deutsche Wohnen AG Pfaffenwiese 300 65929 Frankfurt am Main Deutschland Phone: +49 (0)6131 4800 262 Fax: +49 (0)6131 4800 4441 E-mail: hubert.bonn@deuwo.com Internet: www.deutsche-wohnen.de ISIN: DE000A0HN5C6, DE0006283302 WKN: A0HN5C, 628330 Indices: SDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------