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Deutsche Wohnen AG / Change of Personnel 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. ---------------------------------------------------------------------- Uwe E. Flach has been appointed by court as new member of the supervisory board of Deutsche Wohnen AG, effective 16 January 2008. Mr. Flach has been working with Oaktree GmbH, Frankfurt am Main, as Senior Advisor since early 2004. Before joining Oaktree, Mr. Flach worked in the banking sector and was member of the management board of DZ Bank until 31 December 2003. The investment funds advised by Oaktree are the largest shareholders in Deutsche Wohnen AG, with a stake of 24.2 percent. Oaktree is already represented on the supervisory board of Deutsche Wohnen AG by the chairman of the supervisory board, Mr. Hermann T. Dambach, managing director of Oaktree GmbH. Mr. Flach replaces Mr. Hans Werner Jacob, who retired from the position of member of the company's supervisory board effective 03 January 2008. 07.02.2008 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: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------