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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. ---------------------------------------------------------------------- Today, 30 August 2007, and effective from 01 September 2007, the Supervisory Board of Deutsche Wohnen AG has appointed Mr. Michael Zahn for three years as member of the Management Board, responsible for business operations. Up to now Mr. Zahn was the sole managing director of GEHAG GmbH, Berlin, the company in which Deutsche Wohnen AG indirectly acquired an interest of approximately 85 percent (July 2007). With this formal appointment the Supervisory Board followed the declaration of intent given on 20 July 2007 (ad hoc announcement as of 20 July 2007). Hubert Bonn Head of Investor & Public Relations Phone: +49 (0)6131 4800 262 Email: ir@deuwo.com 30.08.2007 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 ---------------------------------------------------------------------------