Directors’ Dealings

Members of the Management Board and the Supervisory Board and affiliated individuals are obligated under § 15a Wertpapierhandelsgesetz (German Securities Trading Act) to disclose transactions in shares of Deutsche Wohnen AG or related financial instruments. Deutsche Wohnen AG publishes these transactions as soon as it has received the information. The following transactions were reported in the financial year 2009:

Date
of the
transaction
Name Function Type and place
of the
transaction
Number
of
shares
Rate /
Price
EUR
Total
volume
EUR
10/02/2009 Silvia
Kretschmer
Spouse of the Deputy Chair-
man of the Supervisory
Board
Sale of
subscription
rights
463 6.02 2,770.95
10/05/2009 Dr. Florian
Stetter
Member of the Supervisory
Board
Sale of
subscription
rights
3,207 6.71 21,518.97
10/09/2009 Helmut
Ullrich
Member of the Management
Board
Purchase of
bearer shares
9,450 4.50 42,525.00
10/09/2009 Jutta Flach Spouse of a
member of the Supervisory
Board
Purchase of
bearer shares
4,200 4.50 18,900.00
10/09/2009 Silvia
Kretschmer
Spouse of the Deputy Chair-
man of the Supervisory
Board
Purchase of
bearer shares
1,470 4.50 6,681.15
10/09/2009 Uwe E. Flach Member of the Supervisory
Board
Purchase of
bearer shares
8,400 4.50 37,800.00